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The Human Resource industry anticipates various measures from the upcoming Budget 2023, that will be beneficial for employees, the employment process, for job development and will address the skill-gap challenge in the country. The Indian economy is on the road to recovery after the Covid-19 pandemic significantly affected the country's economic growth. Industry players are hoping that the ensuing budget will provide a much-needed boost to the HR sector that will help the industry to get back on track. According to leading HR services provider Randstad India, the broad industry asks for the HR sector is the roll out of labour codes, focus on formal job creation, industry Status for Staffing Industry and enhancing skilling initiatives for the youth. It would help if the central and state governments set up help desks in the initial phases of rolling out the labour codes to ease the implementation by the industry, it said. "The union budget 2023 should aim at further enhancing the ..
Union Finance and Corporate Affairs Minister Nirmala Sitharaman on Saturday said India needs to understand what the industry requires and educational institutions need to produce students capable of getting into industry to serve the country's development goals. Sitharaman at an event here said India's higher education was no less when compared to global universities and people who have studied in Indian universities were the second largest contingent when it comes to managing the best of companies around the world. Referring to the representation of Saint-Gobain India in the board of the Indian Institute of Information Technology, Design and Manufacturing, Kancheepuram, she said if industries have come to be on the board of research institutes, they know the industry particularly those futuristic ones, especially those sun-rise areas so that India becomes the land for manufacturing some of those critical things for which today we are completely dependent on other countries and when
Jindal Stainless Ltd (JSL) on Monday said Suresh Bose has been appointed its chief human resources officer (CHRO), with immediate effect. Bose, who joined on Monday, will be responsible for driving people strategy, workplace culture, talent management and future growth, JSL said in a statement. JSL Managing Director Abhyuday Jindal said, "We want to attract, hire, retain, and grow the best talent in the industry. Given his (Bose's) vast experience in all facets of human resources, I am confident that Suresh is a good fit to lead our future transformation through example and leadership." With close to three decades of experience in wide-ranging HR functions, Suresh has worked with the Vedanta Group, Mahindra and Mahindra, Ford Motors and Larsen & Toubro (L&T), JSL said. Bose has dual Masters in personnel management as well as industrial relations from Tata Institute of Social Sciences (TISS), and Masters in Employment and Labour Studies from the Institute of Social Studies, ...