Edited by Maitri Baral, New Delhi
The Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi on November 24 approved the extension of the National Vocational Training Scheme (NATS) for the next five years. He also approved a scholarship support of Rs. Rs 3,054 crore, approximately 4.5 times the expenditure over the previous 5 years, for students who are on internship before March 31, 2026.
According to the official statement, about 9 lakhs of students will be trained in industrial and commercial organizations.
NATS will provide internships in new areas under Manufacturing-Related Incentives (PLI) such as mobile manufacturing, medical device manufacturing, pharmaceuticals, electronics / technology products, automotive, etc. The scheme will also train skilled workers for connections / sectors of the logistics industry as defined in GatiShakti.
“This scheme aims to raise skill standards by strengthening the skills ecosystem and, as a result, will provide jobs for approximately 7,000 young people over the next five years,” the official statement said.
Under this scheme, students who complete postgraduate studies and graduate degrees in engineering, humanities, natural and commercial sciences will receive a scholarship of Rs. 9000 and Rs. 8000 per month respectively.