The Apprentices Act, 1961 was enacted with the objective of regulating the program of training of apprentices in the industry by utilizing the facilities available therein for imparting on-the-job training. Govt of India focuses on apprenticeship as one of the key program for creating skilled manpower. The government has brought comprehensive amendments in the Act in December 2014 to make it more industry friendly.
With the size and rate of growth of economy of India, there is high demand for Industry Ready skilled manpower. Whereas youth is educated, yet not industry ready. So there is huge potential available for apprentice training.
In an endeavour to promote apprenticeship in India, a new scheme, National Apprentice Promotion Scheme(NAPS) has been launched by Government in August 2016 by providing financial incentives, technology and advocacy support.