Role of TPA as per Letter of Authority
Now “ Letter of Authority” has been given by DGT, MSDE, Gol, declaring Sign-In Project Development Pvt. Ltd as a Third Party Agency (TPA) under Apprentices Act,1961 and directed to perform the following activities:
- Act as Third Party Agency between apprentice and employer as per the guidelines issued by the Government of India under the Apprentices Act, 1961 as amended from time to time.
- Encourage employers to engage apprentices;
- Liaison with employers and register them on apprenticeship portal as per the target specified.
- Aggregate apprentices as per the target specified.
- Facilitate employers to engage trade apprentices as “designated trade” and “Optional Trade” ensuring that the age of candidate is not less than 14 years of age and satisfies such standards of education and physical fitness as may be prescribed under the Act.
- undertake all administrative work of the establishment related to apprenticeship training
- Upload information related to apprentices/ apprenticeship training on behalf of the employer on the portal.
- Facilitate basic training to apprentices, through Basic Training Provider(BTP)
- Facilitate/ assist employers and apprentices during conduct of All India Trade Tests (AITT) when scheduled.
- Report to the RDAT/SAA concerned in case the employer don’t pay stipend at prescribed rate to the apprentices or in case of default in payment of stipend.
- Ensure that the threshold for the number of apprentice’s ratio (2.5 to 10 percent of the total employee strength (including contractual workers)) is maintained.
- Any other functions as informed by DGT from time to time.
Credit Counselling Institutions (CCI)
As per Scheme Guidelines of RBI and IRA-SIDBI, Government of India.