24th August 2023:
HYSEA partnered with DBS Tech India to bring together 20+ HR leaders for a learning exercise on apprentice act implementation strategies.
India annually produces 37+ lakh graduate scholars. The 1961 Apprenticeship Act aimed to skill them but faced implementation challenges. Amendments from 2014 to 2019 aimed to enhance it.
Despite the amendments, concerns persist about Act implementation. Corporates are receiving notices, despite interns engagement. Questions linger about IT/ITES/GCCs’ inclusion under the amended Act.
How HYSEA Helped:
HYSEA partnered with DBS Tech India organized the HR Learning Table on “Apprentice Act Implementation Strategies”.
The HR Learning Table focused on statutory & compliance requirements, internship vs apprentice differences & how to integrate them for statutory compliance, shared implementation best practices including associated costs.