Companies benefit from the NAPS program of the Government of India. Moreover, their employees benefit from the apprenticeship scheme. If you own a company that has more than 30 employees, you must register under this scheme. You receive financial support from the government to train your employees. There are multiple incentives that benefit your company in the long run. Your employees develop expertise that strengthens their careers. You can rely on NAPS. The program is authentic. There is transparency at every stage. This article has a precise overview.

No ESI and PF liabilities

When your company registers under the scheme for Training Apprenticeship Programs, you never worry about ESI and PF of your employees. The expenses become manageable. You will be delighted that partial HR costs are covered by this scheme. You can trust this government initiative.

Incentive from MSDE

Every employee in Learning and Development Training Courses receives a stipend from the government. It is fantastic that they receive incentives from the MSDE. It is 25% stipend. There is timely receipt. The employer doesn’t worry about this expense. You can rely on the MSDE.

You can use the CSR liabilities.

You will be glad that your company can leverage on CSR liabilities or funds for these Training Apprenticeship Programs. There is no restriction in it. Read the government guidelines and use these funds. They cover the hiring costs of your apprentices. There is no complication.

Engaging your apprentices

Companies can engage their apprentices under the Training Apprenticeship Programs. Training Apprenticeship Programs. It helps you to enhance the productivity standards. There are government guidelines that you must follow. It is a range between 2.5% and 15% of your total manpower. You must stick to this range. You can seek expert advice from government officials.

Apprentices can have a range of qualifications.

Another benefit is the flexibility of the NAPS program. There is no rigidity in the qualification factor. Your apprentice can be a 10-pass employee or a graduate. He can be a B. Tech graduate. The scheme considers various qualifications. Ensure that your apprentices have valid certificates.

All certified companies can register for the program.

One of the impressive features of NAPS is that you can register with any industrial background. If you own a certified company, you can register under the scheme. There are no problems at any stage. You receive support from the government. It can be a manufacturing company or an office work service provider.

The apprentices receive government certification.

There is no denying that every successful apprentice receives a valid government certificate from the authorities. Your employees can enhance their careers with this certificate. The validity of this certificate is lifetime.

You receive constant support from the government.

Every company under the scheme receives consistent support from the government. There is stability in the training program. There are no delays in payment. The costs are covered by the authorities. You are confident about a transparent process. You can rely on the comprehensive expertise of the government authorities.