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Implementation of Apprenticeship in India
India is set to witness a sharp slowdown in population growth in the next two decades. Although it will enjoy the ‘demographic dividend’ phase, some states will start transitioning to an ageing society by 2030. Although the age composition will keep changing, India’s working-age population will continue to increase through 2041, rising by 96.5 million during 2021-31 and by 41.5 million during 2031-41. This will have major implications on the required rate of job creation in the economy. FICCI has been providing policy related support to Ministry of Skill Development & Entrepreneurship (MSDE) for development of Apprenticeship and NAPS framework ...
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