Apprentices Protsahan Yojana Subsidy

The Centre will contribute 50% of the total cost incurred on stipend in training one lakh apprentices by 2017 under this new scheme. This will reduce the financial burden on smaller units as well as encourage more youths to take up vocational training. Human Resource Development (HRD) ministry runs a similar scheme in which it contributes to the stipend cost of graduates, technicians and diploma holders.