New Delhi, Oct 8 (KNN) The Ministry of Skill Development and Entrepreneurship (MSDE) is banking on the industry to impart apprenticeship training to the youth under its flagship National Apprenticeship Promotion Scheme (NAPS), having made its apprenticeship law more employers' friendly.

The idea is to encourage companies and to make use of the flexibilities and fiscal support being provided by the government under the NAPS.

Another idea is to induct more youth for apprenticeship training, certification, and brand the initiative. 

Speaking at the Economic Times India Leadership Council meet, skills development secretary, KP Krishnan said, “We are moving towards self-regulation wherein industry can develop its own curriculum based on its requirement for training, do the certification so that they [youth] become employable, and hire them eventually if needed.”

Krishnan said that skilled personnel in India still do not command the wage premium because of the weak training system in the country.

He said, “Apprenticeship is the formal design through which industry can pick the youth and decide how it wants to train workers for their needs.”

The government reckons that undertaking apprenticeship programme in a big way to help the industry as the rate of return is higher with short payback period.

There’s no obligation to hire apprentices as workers, the attrition rate is less in this case and the companies save on the cost of recruitment if they decide to hire their own-trained apprentices as workers.