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SHREYAS Scheme: Key Points

Published on Saturday, May 11, 2019

Introduction

“SHREYAS is a programme conceived for students in degree courses, primarily non-technical, with a view to introducing employable skills into their learning, promote apprenticeship as integral to education and also amalgamate employment facilitating efforts of the Government into the education system so that clear pathways towards employment opportunities are available to students during and after their graduation” ( From Official Website)

 Key Points


  • Launched on February 26, 2019
  • SHREYAS stands for Scheme for Higher Education Youth in Apprenticeship and Skills.
  • The scheme aims to provide industry-specific apprenticeship opportunities to fresh graduates. 
  • The initiative will help graduates polish their skills directly from industry experts and could bring India closer to its aim of skilling its youth population to make them more employable.
  • It is proposed to cover 50 lakh students by 2022.

Programme Basket

SHREYAS is a programme basket comprising the initiatives of three Central Ministries,
  • Ministry of Human Resource Development-National Apprenticeship Promotion Scheme (NAPS)
  • Ministry of Skill Development & Entrepreneurship- Introduction of BA/BSc/BCom (Professional) courses in higher educational institutions.
  • Ministry of Labour & Employment- National Career Service 

 Objectives

  • To improve the employability of students by introducing employment relevance into the learning process of the higher education system
  • To forge a close functional link between education and industry/service sectors on a sustainable basis
  • To provide skills which are in demand, to the students in a dynamic manner
  • To establish an 'earn while you learn' system into higher education
  • To help the business/industry in securing good quality manpower
  • To link student community with employment facilitating efforts of the Government

Benefits

Under the NAPS scheme, Central Government shares 25% of the stipend per month subject to a maximum of Rs.1500 p.m during the period of the apprenticeship. Apart from that, an amount up to Rs.7500 will be met towards basic training cost, where needed.

Scheme Operation

  • The primary scheme will be operated in conjunction with National Apprenticeship Promotion Scheme (NAPS) which provides for placing of apprentices up to 10% of the total workforce in every business/industry. 
  • The scheme will be implemented by the Sector Skill Councils (SSCs) , initially the Banking Finance Insurance Services (BFSI), Retail, Health care, Telecom, Logistics, Media, Management services, ITeS and Apparel. 
  • More sectors would be added over time with emerging apprenticeship demand and curriculum adjustments.

Scheme Modalities 

  • The Sector Skill Councils (SSCs) have identified more than 100 areas where they would be able to find apprenticeship opportunities.
  • They along with the colleges concerned (with the help of their placement cells), would identify the industries where the apprenticeships would be provided.
  • Higher Educational Institutions can log-into the SHREYAS portal and express their interest in the skill areas, along with the expected number of students who are expected to opt for it.
  • his demand would be scrutinised by the SSC concerned, who would confirm on the portal, the positions available.
  • Based on this confirmation, the HEI would upload the names of the students on the SHREYAS portal.
  • The NAPS would thereupon generate the Contract between the industry and the student.
  • After this, the monthly stipend would be paid by the industry, and 25% of this would be reimbursed by NAPS portal subject to a maximum of Rs.1,500 per month.
  • The SSC would monitor the progress and would conduct the examination at the end of the apprenticeship period, and would give the certificate to the successful candidates. 
  • These certificates are valid throughout India for seeking employment.

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Ramandeep Singh

Ramandeep Singh - Educator

I'm Ramandeep Singh, your guide to banking and insurance exams. With 14 years of experience and over 5000 successful selections, I understand the path to success firsthand, having transitioned from Dena Bank and SBI. I'm passionate about helping you achieve your banking and insurance dreams.

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