The minimum rate of stipend per month payable to trade apprentices is as follows:

Stipend Year wise

Year	Minimum Rate of stipend
First Year	70% of minimum wage of semi- skilled workers notified by the respective State or Union territory
Second year	80% of minimum wage of semi- skilled workers notified by the respective State or Union territory.
Third    & Fourth year	90% of minimum wage of semi- skilled workers notified by the respective State or Union territory.

• The expenditure on stipend for trade apprentices is borne by the employers.
  
• The rates of stipend for Graduate, Technician & (Vocational) apprentices are Rs. 4984 p.m., Rs. 3542 p.m., and Rs. 2758 p.m. respectively. (with effect from 19th December -2014)
  
• Expenditure on Stipend for the categories of Graduate, Technician & Technician (Vocational) apprentices is shared equally between the employer and the Central Government.