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Share your ideas for Implementation of Budget Initiatives for augmenting Apprenticeship in India

Share your ideas for Implementation of Budget Initiatives for augmenting Apprenticeship in India
Start Date :
Feb 27, 2023
Last Date :
Mar 31, 2023
23:45 PM IST (GMT +5.30 Hrs)
Submission Closed

Hon’ble Prime Minister Shri Narendra Modi addressed a webinar on implementation of Budget 2023-24 which has stood to be a youth-centric budget. ...

Hon’ble Prime Minister Shri Narendra Modi addressed a webinar on implementation of Budget 2023-24 which has stood to be a youth-centric budget.
The budget focus on Apprenticeship training as it is one of the most sustainable model of skill development. The Hon’ble Prime Minister said, the new opportunities outlined in the budget will seamlessly integrate the ‘World of Education', the ‘World of Skills’ and the ‘World of Work’. And a milestone initiative towards creation of a more vibrant and participative apprenticeship training ecosystem in the country is the support that will be extended to 47 lakh youth in 3 years through Direct Benefit Transfer (DBT) under the pan-India National Apprenticeship Promotion Scheme (NAPS).

The key announcements in the Union Budget related to Apprenticeship are as follows and we seek ideas and suggestions from the public and other stakeholders on the same:

• NAPS-2 is a DBT scheme with the Government of India (GoI) support going directly to the bank account of apprentices instead of reimbursement to the establishment as in case of earlier version of NAPS. Thus, the Government will directly pay the apprentices 25% of the stipend payable up to Rs. 1,500 per apprentice per month on confirming the payment of establishment part of the stipend. The entire process of DBT will be hosted on the Apprenticeship Portal (www.apprenticeshipindia.gov.in) and there will be limited manual intervention execution of the scheme.

• One of the major changes proposed in the new scheme as compared to the earlier version is the introduction of DBT. The earlier scheme of NAPS was not supported by the feature of DBT which is transparent and a quick process. It will also overcome the delay in the reimbursement process to the establishments which was the major challenge in the previous version of NAPS. DBT offers comprehensive advantages such as identifying the leakages in financial disbursement under NAPS, formalizing the offline modes of stipend payment system, moving away from long delays from claiming reimbursements and most critically promotion of apprenticeship among youth thereby creating increased demand amongst candidate groups to choose apprenticeship as a skilling vehicle.

• The scheme has suitably addressed the concerns of industry by offering flexibility in curriculum development and imparting training under Optional Trades which are industry driven and dynamic in nature whereas, Designated Trades are more structured and follow a standardized approach to train the apprentices.

Last date of submission – 31st March 2023

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karlapati bhaskar
karlapati bhaskar 3 years 4 months ago
budget allotments, efficiency administrative wings ,... need to work "progress of bharat" decreasing of in equalities is anybody following "Equalize" of theory ? population is continuously raising, in equalities permanent removal not possible but we need to try "Equalize" of sectors growth, .... ! ? theory ?
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Anjali Das
Anjali Das 3 years 4 months ago
Hon,ble PM sir, For Enhancing of "Easy of doing business" and "Easy of living" is a very good thought and for which myGovt has taken a right decision on calling of suggestions from Respective Stakeholders,Industries,academic and startup companies for Union budget 2023-24. 1.About stakeholders As per present laws, income is distributing to its shareholders as Dividendes ,after paying Income tax to the govt on it's net profit. Dividends may be fully exempted in the hands of shareholders. 2.About industries. Internal Audit, Registrar of companies and CBDT Audit may be conducted on companies financial position and privide balance sheet to every share holders in physically for awareness of companies positions. Who are preparing fake or false giving Audit Reports by Accoutants ,may be punished as per law. As because, the auditors are an Eyes to its shareholders and to concerned govt departments in deciding the companies financial positions. It is my opinion only.
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Anjali Das
Anjali Das 3 years 4 months ago
Hon,ble PM sir, For Enhancing of "Easy of doing business" and "Easy of living" is a very good thought and for which myGovt has taken a right decision on calling of suggestions from Respective Stakeholders,Industries,academic and startup companies for Union budget 2023-24. 1.About stakeholders As per present laws, income is distributing to its shareholders as Dividendes ,after paying Income tax to the govt on it's net profit. Dividends may be fully exempted in the hands of shareholders. 2.About industries. Internal Audit, Registrar of companies and CBDT Audit may be conducted on companies financial position and privide balance sheet to every share holders in physically for awareness of companies positions. Who are preparing fake or false giving Audit Reports by Accoutants ,may be punished as per law. As because, the auditors are an Eyes to its shareholders and to concerned govt departments in deciding the companies financial positions. It is my opinion only.
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Anjali Das
Anjali Das 3 years 4 months ago
Hon,ble PM sir, For Enhancing of "Easy of doing business" and "Easy of living" is a very good thought and for which myGovt has taken a right decision on calling of suggestions from Respective Stakeholders,Industries,academic and startup companies for Union budget 2023-24. 1.About stakeholders As per present laws, income is distributing to its shareholders as Dividendes ,after paying Income tax to the govt on it's net profit. Dividends may be fully exempted in the hands of shareholders. 2.About industries. Internal Audit, Registrar of companies and CBDT Audit may be conducted on companies financial position and privide balance sheet to every share holders in physically for awareness of companies positions. Who are preparing fake or false giving Audit Reports by Accoutants ,may be punished as per law. As because, the auditors are an Eyes to its shareholders and to concerned govt departments in deciding the companies financial positions. It is my opinion only.
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Anjali Das
Anjali Das 3 years 4 months ago
Hon,ble PM sir, For Enhancing of "Easy of doing business" and "Easy of living" is a very good thought and for which myGovt has taken a right decision on calling of suggestions from Respective Stakeholders,Industries,academic and startup companies for Union budget 2023-24. 1.About stakeholders As per present laws, income is distributing to its shareholders as Dividendes ,after paying Income tax to the govt on it's net profit. Dividends may be fully exempted in the hands of shareholders. 2.About industries. Internal Audit, Registrar of companies and CBDT Audit may be conducted on companies financial position and privide balance sheet to every share holders in physically for awareness of companies positions. Who are preparing fake or false giving Audit Reports by Accoutants ,may be punished as per law. As because, the auditors are an Eyes to its shareholders and to concerned govt departments in deciding the companies financial positions. It is my opinion only.
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Sukumar Das
Sukumar Das 3 years 4 months ago
Hon,ble PM sir, For Enhancing of "Easy of doing business" and "Easy of living" is a very good thought and for which myGovt has taken a right decision on calling of suggestions from Respective Stakeholders,Industries,academic and startup companies for Union budget 2023-24. 1.About stakeholders As per present laws, income is distributing to its shareholders as Dividendes ,after paying Income tax to the govt on it's net profit. Dividends may be fully exempted in the hands of shareholders. 2.About industries. Internal Audit, Registrar of companies and CBDT Audit may be conducted on companies financial position and privide balance sheet to every share holders in physically for awareness of companies positions. Who are preparing fake or false giving Audit Reports by Accoutants ,may be punished as per law. As because, the auditors are an Eyes to its shareholders and to concerned govt departments in deciding the companies financial positions. It is my opinion only.
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Sukumar Das
Sukumar Das 3 years 4 months ago
Hon,ble PM sir, For Enhancing of "Easy of doing business" and "Easy of living" is a very good thought and for which myGovt has taken a right decision on calling of suggestions from Respective Stakeholders,Industries,academic and startup companies for Union budget 2023-24. 1.About stakeholders As per present laws, income is distributing to its shareholders as Dividendes ,after paying Income tax to the govt on it's net profit. Dividends may be fully exempted in the hands of shareholders. 2.About industries. Internal Audit, Registrar of companies and CBDT Audit may be conducted on companies financial position and privide balance sheet to every share holders in physically for awareness of companies positions. Who are preparing fake or false giving Audit Reports by Accoutants ,may be punished as per law. As because, the auditors are an Eyes to its shareholders and to concerned govt departments in deciding the companies financial positions. It is my opinion only.
mygov_1677656015121594731
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Sukumar Das
Sukumar Das 3 years 4 months ago
Hon,ble PM sir, For Enhancing of "Easy of doing business" and "Easy of living" is a very good thought and for which myGovt has taken a right decision on calling of suggestions from Respective Stakeholders,Industries,academic and startup companies for Union budget 2023-24. 1.About stakeholders As per present laws, income is distributing to its shareholders as Dividendes ,after paying Income tax to the govt on it's net profit. Dividends may be fully exempted in the hands of shareholders. 2.About industries. Internal Audit, Registrar of companies and CBDT Audit may be conducted on companies financial position and privide balance sheet to every share holders in physically for awareness of companies positions. Who are preparing fake or false giving Audit Reports by Accoutants ,may be punished as per law. As because, the auditors are an Eyes to its shareholders and to concerned govt departments in deciding the companies financial positions. It is my opinion only.
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