New Delhi, April 4 -- National Apprenticeship Promotion Scheme shows the right way of skilling and provides a win-win for the industry.

India's working-age population (above the age of 15) is expected to expand by approximately 1.3 million a month during 2015-2025, as per World Bank's ' South Asia Economic Focus Spring 2018 ' Report. Hence, there is a need to create millions of jobs every year to reap the benefit of this demographic dividend.

Apprenticeship in the World The renowned German apprenticeship model is revered the world over, as it has helped lower unemployment rates and contributed significantly to the economic success of the country. The number of apprentices engaged in Germany is approximately 2.5 million (5% of workforce)...