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1
More than 50% saving by the establishments & annual saving is approximately Rs.60,000 per year per apprentice.
2
No ESI, No EPF Applicable
3
Apprentices cannot participate in Workers Union activities.
4
Apprentices while learning, also contributes towards production.
5
Organization can utilize the CSR budget for all expenditure related to the Apprentice Trainees under NAPS including payment of stipend and TPA service charges.
6
For Organizations having multi location facilities, the total manpower is calculated at pan India and outside India locations but apprentices can be enrolled in one or more location at the discretion of the organization.
7
Organization will be given an incentive of 25% of the Apprentice stipend being paid to each Apprentice Trainees up to an upper limit of Rs. 1500/per month per apprentice.
8
Sharing of cost of basic training with basic training providers (BTP) up to INR 7,500/-for 3 months/ 500 hours.
