The Pressing Issue that Worries the Workforce All Over the World
There is definitely a reason why retirement is called the golden age of one’s life. Many people consider retirement to be a reward that follows a brilliant and successful career. But it is not always easy to arrive at this transition. This is because an enjoyable retirement is often synonymous with the amount of money
How can impact investing result in skilling the Indian youth
The rapid changes in occupations which are occurring globally and are evolving continuously as a result of the integration of automation and the impact of other industry-driven technologies are of paramount importance. Companies are trying to break their local mould and become increasingly global in their operations. The labour market is also witnessing a huge
How are the skill development programs in Odisha instrumental in the advancement of the state
The skill development mission is currently gaining huge momentum across the whole of India. The Government of India has amended the obsolete Apprenticeship Act of 1961 and brought forth new changes and reforms that have consolidated the foundation of skill development in the country. The National Skill Development Council, as well as the Ministry of
How NAPS will shape the future of the Indian IT industry
The national apprenticeship promotion scheme or NAPS was put into effect since the 19th of August, 2016 under the patronage of the Indian Government with a primary aim to augment the number of trained and expert apprentices in various industries of the country. This supposed boom in the number of skilled and competent apprentices would
How NAPS will change the Unemployment Scene of the Indian youth
The NAPS scheme has been initiated by the Government of India in order to improve the overall scene of employment in the country by enhancing the number of skilled workers who can improve the operations of various industries. The NAPS program was put into effect since the 19th of August of 2016 under the patronage
Skills vouchers launched by the Government of India and their utilities
The 68th report of the National Sample Survey shows that a mere 4.7 percent of the whole workforce has formal skill training. This is in stark contrast to the condition of workforce in Germany with 75 percent, Japan with 80 percent and Korea with 96 percent. As per the report published in 2017 by the
How can NAPS compensate for the educational backlogs of the youth of India
Apprenticeship in India is finally gaining its deserved ground and importance. Apprenticeship is being recognised as an essentially important way for the youth of the country to make a proper transition from school and the associated theoretical domain of study, to the world of work and practical execution of the knowledge acquired. In addition to
2020 Upcoming trends in Indian Skill development
The nation of India had been languishing from a huge skill gap until the recent past as the number of employable youths trained under the relevant industrial disciplines was far less than desired. This would have been a huge emerging crisis as India is a nation, currently on the verge of realising its demographic dividend,
How is NAPS radicalizing industry driven apprenticeship programs
The National Apprenticeship Promotion Scheme or NAPS was built on the foundations of the Apprenticeship Act of 1961. The outdated Act was amended by the Government and NAPS was launched in August of 2016. NAPS was introduced in a remodeled and refurbished fashion and was designed to make it industry-friendly and all-inclusive. Moreover, endeavors were
Why is it important to use schemes like NAPS to mould the future of Indian industries
The Government of India has undertaken a major initiative to impart relevant and industry-specific skills to a major part of its population which comprise of eligible youths. The trouble invoking figure of around 2.5 lakh trained apprentices is a major cause of concern for the nation and hence remedial measures have been adopted to improve
Benefits of implementing NAPS for the consumer durables sector
The National Apprentice Promotion Scheme or NAPS as it is widely known, has been a carefully planned initiative adopted by the Government of India in order to boost the number of skilled and competent apprentices across the country. Conceived by the Government, the primary aim of this scheme was to usher in a period of
How is West Bengal using skills development for growth
The current scenario of West Bengal is tremendously prospective if considered from the economic point of view. About 60% of the entire population of the state is below 40 years of age and therefore this calls for tremendous opportunities for growth as far as the workforce is concerned. The major imperative to achieve this is
