In the recent budget, Smt Sitharamanji announced that 500 top companies
will be required to train 1 crore ( 100 lakh ) interns over a period of 5 years
. That is 20 lakh per year ( for one year internship )
That is 4,000
per year per TOP company
Interns will be paid Rs 5,000 per month plus Rs 6,000 as one time
assistance ( Total of Rs 66,000 per intern )
Over 5 year period , this will add up to Rs 66,000 crores
Govt must be congratulated for such a bold initiative having long term impact
In a recent interview on Aaj Tak TV , Smt Sitharamanji also confirmed
that this is a strictly VOLUNTARY
scheme and that there will be no compulsion on
these top companies to take in 4000 interns each year
We must acknowledge the following :
Ø Most of these ( top 500 ) companies already have their
own TRAINEE SCHEMES , both under the provisions of the present APPRENTICESHIP
ACT , and under their own schemes which cover those trainees which are NOT covered
under the Apprenticeship Act
Ø Their current TRAINING INFRASTRUCTURE is just adequate
to cater to their “ Annual
Intake “ against their current schemes
Ø Both type of schemes ( under the Act and beyond the
Act ), stretch over 1 / 2 years
Ø From the following tabulation, it would be clear that all
these companies ( covered by the Apprentice Act ) , are already burdened :
===================================================
Liabilities of an Indian
Company under the Apprenticeship Act
|
Type of Apprentice |
Training Duration |
Ratio of Apprentices to Workers |
Monthly Stipend |
Absorption Obligation |
|
Trade Apprentice |
1-2 years |
2.5% to 15% |
₹5,000 - ₹9,000 |
No statutory obligation |
|
Graduate Apprentice |
1 year |
2.5% to 15% |
₹9,000 |
No statutory obligation |
|
Technician Apprentice |
1 year |
2.5% to 15% |
₹8,000 |
No statutory obligation |
|
Optional Trade Apprentice |
6 months to 2 years |
2.5% to 15% |
₹5,000 - ₹9,000 |
No statutory obligation |
In light of the above-mentioned
“ Liabilities “, I suggest that the additional requirement ( for training 20
lakh interns EACH YEAR ), instead of being dumped on ” Top 500 “ companies,
is fairly and equitably distributed
among the “ Top 10,000 “ companies, as shown in tabulation hereunder :
Number of Companies in India – Employee Strength-wise with Intern
Distribution
|
Srl No |
Employee Strength |
No of Companies |
% age of Total |
Cumulative % |
Cumulative No |
Number of Interns per Company per Year |
|
1 |
> 100,000 |
70 |
0.7% |
0.7% |
70 |
2,960 |
|
2 |
75,001 - 100,000 |
100 |
1% |
1.7% |
170 |
2,070 |
|
3 |
50,001 - 75,000 |
200 |
2% |
3.7% |
370 |
1,480 |
|
4 |
45,001 - 50,000 |
80 |
0.8% |
4.5% |
450 |
1,185 |
|
5 |
40,001 - 45,000 |
100 |
1% |
5.5% |
550 |
1,036 |
|
6 |
35,001 - 40,000 |
150 |
1.5% |
7% |
700 |
888 |
|
7 |
30,001 - 35,000 |
200 |
2% |
9% |
900 |
740 |
|
8 |
25,001 - 30,000 |
300 |
3% |
12% |
1,200 |
592 |
|
9 |
20,001 - 25,000 |
400 |
4% |
16% |
1,600 |
444 |
|
10 |
15,001 - 20,000 |
600 |
6% |
22% |
2,200 |
296 |
|
11 |
10,001 - 15,000 |
800 |
8% |
30% |
3,000 |
148 |
|
12 |
5,001 - 10,000 |
2,500 |
25% |
55% |
5,500 |
74 |
|
13 |
1,000 - 5,000 |
4,500 |
45% |
100% |
10,000 |
37 |
|
TOTAL |
10,000 |
100% |
100% |
10,000 |
2,000,000 |
With regards,
Hemen Parekh
www.My-Teacher.in / 26
July 2024
Related Readings :
PM’s
package worth ₹2 lakh crore to boost employment and skilling for 4.1 crore
youth: Govt .. ET .. 25 July
Past 95 E Mails sent to Cabinet Ministers :
Rejoice You Jobless ! ………………………………………[ 03
Sept 2013 ]
2015 ( 2 )
Make in India is Skilling India…………………………..[
17 July 2015 ]
2016 ( 3 )
Skill Capital of the World ? ……………………………[
06 June 2016 ]
Harness " Greed " to " Skill India "……………….[
19 June 2016 ]
From BAD to
MAD ………………………………….. [ 01 June
2016 ]
2017 ( 3 )
No mere Relief : A Game Changer ……………[ 20 Dec 2017 ]
Discovering the Obvious ? ………………………….[ 30 Nov 2017 ]
Universal Basic Income …………………………….[ 20 Jan 2017 ]
2018 ( 2 )
Starting a Virtuous Circle …………………………………[17
Dec 2018 ]
Of Interns and Apprentices ………………………………[
07 Jan 2018 ]
2019 ( 4 )
Thank You, Prakashbhai ( Javadekarji ) ……………………..[
03 Apr 2019 ]
Congratulations , Anilbhai Naik ……………………………………[
08 Feb 2019 ]
Organizing the Unorganized ………………………………………….[
04 Feb 2019 ]
Paralyzed by Policy Revisions ? …………………………………….[ 27 Mar 2019 ]
2020 ( 3 )
Human Resource Capital of the World ?
…………………….....[ 23 Nov 2020 ]
Congratulations, Shri Ajit Pawar / Shri Nawab Malik ……..[
06 Mar 2020 ]
Congratulations, TATA………………………………………………………[ 27 Dec 2020 ]
2021 ( 4 )
ApprenticeShip : Unanchored and ready to sail ?
………….[ 08 Feb 2021 ]
National Skills University : Virtual is the
only way……….. [ 03 Apr
2021 ] – links to 64 other E-Mails
Small Steps for Small Firms ? Not enough………………………[
07 Mar 2021 ]
Gaining Ground : Virtually ………………………………………………[
01 Mar 2021 ]
2022 ( 5 )
Apprenticeship : Half Way house ? ………………………………. [ 29 Mar 2022 ]
Skilling 300 Million ? Here is a way, Shri
Pradhanji ……..[ 29
June 2022 ]
Skilling for World ? Here is why – how ! ………………………..[ 30 May 2022 ]
Apprentices : Hire Any Number without paying
Wages ? [ 28 Jan
2022 ]
Thank You, Shri Dharmendra Pradhanji …………………………[ 02 July 2022 ]
2023 ( 4 )
Revamping for Skilling : at last ……………………………………….
23 Jan 2023
Apprenticeship Scheme : Details Tally … ………………… 02 Feb 2023
On the Job Training : a Vindication………………………………… 01
Feb 2023
Apprenticeship Scheme : Govt listened to my suggestions………………..
28 Nov 2023
Internship
Beneficiaries will be picked in a fair and transparent way ….. TOI …. 25
July 2024
Quote from Interview with Shri T V Somanathan , Finance Secretary
[ secyexp@nic.in ]
“ Selection for the
internship scheme will be done from a list and not in a way that no one gets employment through the
backdoor.
It’s not that this is a
way for a company to take in people it would have placed anyway or recruited
anyway and claim subsidy.
The list will come from govt from which they will choose.
The entire process will
be done in an objective manner through a portal and based on open access.
Those with lower
employability will be chosen and we have a negative
list of IITs, IIMs, CAs; any person whose family member with assessed income
will be excluded.
Govt will soon decide the criteria for selection.”
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