Pradhan Mantri National Apprenticeship Mela (PMNAM)

Pradhan Mantri National Apprenticeship Mela (PMNAM)

Why in News?

  • The Ministry of Skill Development and Entrepreneurship (MSDE) has recently held Pradhan Mantri National Apprenticeship Mela (PMNAM) under Skill India Mission.

Highlights

  • The event witnessed the participation of various companies from different sectors and had the chance to meet potential apprentices on a single platform and choose applicants on the spot and provide them with an opportunity to be a part of their organization
  • Under NSDM, apprenticeship melas are hosted every month, wherein selected individuals receive a monthly stipend in accordance with government criteria for gaining new skills.
  • PMNAM is being used as a platform to increase the participation of establishments and students. It is also providing awareness to the youth on various opportunities existing across the participating companies.
  • The major purpose of this programme is to encourage companies to hire more apprentices, while also assisting employers in discovering the right talent and developing their potential via training and practical experience.
  • It aims to raise apprenticeship opportunities in India to 10 lakhs by the end of 2022, and to 60 lakhs by 2026.
  • The government is striving to train 1 million youth per annum through apprenticeship training and to fulfil this mission.
  • Skill India Mission was launched on 15th July, 2015 by the Ministry of Skill Development and Entrepreneurship.
  • The Initiatives include National Skill Development Mission, National Policy for Skill Development and Entrepreneurship, Pradhan Mantri Kaushal Vikas Yojana (PMKVY) scheme and the Skill Loan scheme.
  • PMKVY incentivises skill training by providing financial rewards to candidates who successfully complete approved skill training programmes.
  • Under the Skill Loan scheme, loans ranging from RS 5,000-1.5 lakh is made available to youths seeking to attend skill development programmes.
  • It was launched In order to provide a strong institutional framework to implement and scale up skill development efforts across the country.
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