Many students and employers now understanding the value of apprentices. India has long known the importance of vocational education. The government has made comprehensive changes in apprenticeship laws to bring industry to the centre of the programme, with the government bodies. Linking higher education degrees to the learning-by-doing and learning-while-earning of apprenticeships will make higher education more inclusive and demand-driven.
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Many of the organisations are considering apprenticeships as they realise these programs have better paybacks than direct hiring. But, only 25% of candidates from structured apprenticeships left within a year, and they reached productivity benchmarks in six months.
Here are the four changes in rules by regulators that can be put into effect in less than six months to get things back on track. Read more.