Increase in Apprenticeship Stipend by Ministry of Skill Development
The Ministry of Skill Development and Entrepreneurship has proposed a 36% increase in apprenticeship stipends, linked to the Consumer Price Index (CPI). This decision, made during the 38th meeting of the Central Apprenticeship Council, aims to modernize the apprenticeship ecosystem in India. The revised stipend structure will apply to all apprentices, including those in emerging sectors like IT and renewable energy. The Ministry is also promoting AI skill development through various initiatives, including the National Apprenticeship Promotion Scheme and the Pradhan Mantri Kaushal Vikas Yojana 4.0, with significant enrolments in AI-related training programs.
Source: Original Link