National Apprenticeship Training Scheme receives outlay of Rs3,054Cr
The tenure of the National Apprenticeship Training Scheme or the NATS has been approved to be extended by the Cabinet Committee on Economic Affairs, chaired by PM Narendra Modi who has committed Rs3,054Cr as stipendiary support to the apprentices being trained in this programme, distributed over a period of five years. Commercial organisations and industries are geared up to train almost nine lac apprentices who hold graduate or diploma degrees in humanities, engineering, commerce, and science. This approved expenditure by the government for the scheme is 4.5 times more that what it was in the last five years. With this scheme, the aim is to increase the standard of skill level with strong skill ecosystem resulting in employment generation for about 7lac youths in the coming five years. Read more.
Also Read: Just an engineering degree is not enough to guarantee employment
Industrial IoT solution launched by Panasonic to support Indian manufacturers
An Industrial IoT/Smart Factory solution, named Miraie Profactory, was launched by Panasonic. This was developed indigenously at the India Innovation Centre of Panasonic to be compatible with various kinds of machine, model, and brands present in the manufacturing space. This will give manufacturers an option to digitize factory operations which will allow enterprises to understand their true potential. It uses new-age technology like Cloud, IoT, mobile app, and analytics which will manage end-to-end operations to enhance things like production efficiency, helping in creating economies of scale. This solution is now available in four variants and can be customized from basic to advance according to the requirement with value added features. Read more.
Central Jail inmates to attend stainless steel fabrication workshop by Jindal Stainless
A 3-day workshop for stainless steel fabrication is being conducted by Jindal Stainless for 30 inmates of the Central Jail as an initiative under the Company’s stainless steel fabricator qualification pack developed in association with Capital Goods Skill Council or the CGSC and the National Skill Development Council or the NSDC. Working with the cause of ‘Skill India’, this initiative will have experts from Jindal Stainless imparting training to the inmates of Central Jail on welding, cutting, and polishing of stainless steel and also provide a real-time experience of applications through the showcase vans. “Our objective is to upskill inmates while they are serving their sentence, and help them find respectable and remunerative employment options post their jail tenure. Professionally trained stainless steel fabricators earn better livelihoods. It also helps empower people and build a sustainable world at the same time,” said Abhyuday Jindal, Managing Director of Jindal Stainless. Read more.
