AMCHAM’s Hyderabad Chapter recently held a session on June 15th, in collaboration with EY, focused on the Apprentices Act of 1961. Mr. Puneet Gupta, Partner Advisory Services, EY India, was the guest speaker. He provided a comprehensive overview of the evolution and institutional framework of the act and elaborated on the act’s defining aspects, such as the eligibility and categories of trades. Additionally, Gupta presented a comparative analysis of the National Apprenticeship Promotion Scheme (NAPS) versus the National Apprenticeship Training Scheme (NATS), highlighting the employer aspects and challenges associated with each. To further enhance the participants’ understanding, Mr. Gupta shared real-life case studies related to the act and discussed the way forward for its implementation. Throughout his presentation, he emphasized the meaning, objective, and applicability of the Apprentices Act, providing valuable insights for attendees.
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