MSME APPRENTICESHIP
MSME Day 2024: Participation of women in MSMEs increases but challenges remain
MSME Day 2024: While the role of women has increased significantly in India’s MSME set-up, certain challenges remain which need to be soon addressed. Notably, the women-led MSMEs play a critical role in this set up. They contribute significantly to employment and investment.
MSME apprenticeship may become shorter, better-paid
Depending on the fiscal burden on the exchequer, the government could either tweak the existing apprenticeship schemes or draft a new scheme dedicated to MSMEs, which account for 38.4% of the total manufacturing output and contribute 45.03% of the country's total exports. The government has held several rounds of discussions with the industry and is expected to unveil the roadmap for hiring of apprentices by MSMEs by the middle of this year.
Govt to launch 2nd version of National Career Service portal in 2024; prod states on labour reforms
In 2024, the government aims to enhance the ease of doing business and extend social security to unorganized labor, including gig and platform workers. The Union Labour and Employment Minister Bhupender Yadav stated plans to launch the upgraded National Career Service (NCS) portal, NCS 2.0. This version will use advanced technologies like Artificial Intelligence and Machine Learning for improved job matching, search features for job seekers, and skill recommendations. The government also seeks to encourage states to implement labor reforms as part of these initiatives.
Why the right skills for MSMEs is necessary to be a future-ready workforce
For India’s 63 million MSMEs, acquiring the right skills is the secret ingredient that can make all the difference in taking a giant leap forward.
Budget Highlights 2023: Nirmala Sitharaman announces big booster for taxpayers, railways, job creation & capex
Budget Highlights 2023: Union Finance Minister Nirmala Sitharaman on Wednesday presented the Union Budget 2023. In the last full-fledged Budget before the general elections next year, Sitharaman said that the Indian economy is on the right path and heading towards a bright future. This Budget is the first in Amrit Kaal, FM said.
Saptarishi to Amrit Kaal: Budget 2023 decoded
The seven priorities were inclusive development, reaching the last mile, infrastructure and investment, unleashing the potential, green growth, youth power and financial sector.
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Govt to launch Pradhan Mantri Kaushal Vikas Yojana 4.0: FM Nirmala Sitharaman
Pradhan Mantri Kaushal Vikas Yojana (PMKVY) is the flagship scheme of the Ministry of Skill Development and Entrepreneurship (MSDE) implemented by National Skill Development Corporation.
Nirmala Sitharaman Budget 2023 Speech: Here is the full text
This Budget hopes to build on the foundation laid in the previous Budget, and the blueprint drawn for India@100. We envision a prosperous and inclusive India, in which the fruits of development reach all regions and citizens, especially our youth, women, farmers, OBCs, Scheduled Castes and Scheduled Tribes, FM said.
Apprentices of today: Masters of the game, tomorrow?
Sir Humphry Davy was a famous scientist of the time. Through consistent persistence, young Michael reached out to Humphry Davy, even putting his book-binding skills to creative use to showcase his work and examples to Davy. His persistence paid off when Davy finally accepted him as an apprentice.
SIDBI approves Rs 600 cr for industrial cluster development in Maharashtra
The demand for skilled manpower in Maharashtra has been sharply increased due the launch of various government schemes such as Make in India, Digital India, Smart Cities and Clean India Mission.
Rupeek partners with NSDC to build skilled gold appraisers
The partnership is aimed at attracting young talent looking for career opportunities within India’s gold loan industry.
Budget 2021: A thumbs up for inclusive employment opportunities
The move to create global supply chain champions in manufacturing will boost scale and size in 10 key sectors, including automobile and textile.
Budget 2020 Highlights: This is what you got from Sitharaman's Bahi Khata
The FM, Nirmala Sitharaman, on Saturday unveiled the budget for fiscal 2020-21, vowing to boost income of Indians & their purchasing power, in a bid to revive domestic economic growth that has slumped to lowest in decade.
UP CM dedicates budget to youth, 2 job schemes announced
Presenting the state budget for 2020-21 in the assembly on Tuesday, finance minister Suresh Kumar Khanna said the government has allocated Rs. 100 crore for educated unemployed youth under the Chief Minister Apprenticeship Promotion Scheme.
UP government announces two new youth-centric schemes
During his budget speech, state Finance Minister Suresh Kumar Khanna said the Chief Minister Apprenticeship Promotion Scheme (CMAPS) and the Yuva Udyamita Vikas Abhiyan (YUVA) will make the youth self-dependent.
ETRISE Dialogues: Formalising informal sector is the key to MSME sector's growth: Experts
Highlighting how land acquisitions continue to be a tricky affair for MSMEs, Mahavir Pratap Sharma, Past Chairman, Carpet Export Promotion Council asserted that the government needs to come up with a clear cut policy regarding its ongoing land reforms.
Interest of LIC policyholders will be protected, says Anurag Thakur
New Delhi, Feb 3 () The government will protect the interest of policyholders of LIC, which is likely to go public in the next financial year, Minister of State for Finance Anurag Thakur has said.
Full text of FM Nirmala Sitharaman's Budget speech
"In May 2019, Prime Minister Modi received a massive mandate to form the government again."
Ministry of skill development and entrepreneurship to introduce skill vouchers
The Ministry of Skill Development and Entrepreneurship (MSDE) is of the view that enough consolidation and upgradation has happened in the last four years under the Skill India Mission.
State governments and industry have committed to train 7 lakh apprentices in the current fiscal: Skill Development Ministry
The number of apprentices has almost doubled after the 15-day Pakhwada. The govt had introduced comprehensive reforms to the Apprenticeship Act, 1961, a move that saw about 7.5 lakh apprentices engaged in a span of two-and-a-half years.
India’s policies have incentivised firms to remain micro & small: ILO
MSMEs in India are the second largest employer after agriculture with more than a million jobs created annually.
Government notifies National Apprenticeship Promotion Scheme
The government has earmarked an outlay of Rs 10,000 crore to provide apprenticeship training to 50 lakh apprentices by 2019-20.
Government to incentivize employers to engage apprentices under National Apprenticeship Promotion Scheme
The National Policy of Skill Development and Entrepreneurship, 2015 launched by the Prime Minister focuses on apprenticeship as one of the key components.
Two institutes transfered to Skill Development Ministry
Also, it is coordinating efforts of all concerned stakeholders as more than 20 ministries and departments run 70 plus schemes for skill development.
Government plans to locate beneficiaries of unclaimed Rs 27k crore in EPFO
Government is planning to locate beneficiaries through nationwide campaign to give away amount of about Rs 27,000 crore lying inoperative with EPFO.
MSMEs should be encouraged to engage apprentices: Sarbananda Sonowal
He said the sector accounts for 45% of the manufacturing output and 40% of the total export of the country and employs over six crore people.
Budget 2014 proposals to give major push to MSMEs, create jobs: CII
FMArun Jaitley unveiled a slew of measures to revitalise the micro, small and medium enterprises sector, laying special thrust on promotion of start-ups.
Budget 2014: Focus on investment not on employment
The employment push is not visible in this budget. The focus is more on investment which largely benefits the large corporate houses.
Budget 2014 positive, implementation will be key: CII
"The mandate of getting the fiscal deficit down to 3 per cent by 2016-17 is in line with his observation where Jaitley wants to expand the economy."
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