Job Creation

Uttar Pradesh Chief Minister Yogi Adityanath on Saturday said one crore youths of the state will get employment in the next three years through investment proposals received at the recently held Global Investors Summit. He was speaking after laying the foundation stone of a rural mini-stadium at Bholaram Maskara Inter College in Sahjanwa here, which will be built at a cost of Rs 10.43 crore. The stadium will have a multi-sports complex, athletics track and an audience gallery. Adityanath said investments to be made in the Sahjanwa assembly constituency and other places will also enable the youths to get jobs near their native places. "The government will also distribute two crore tablets and smartphones to students across the state in degree colleges, he said. Besides, several new technical and other institutes are being built to prepare the state's youth for the job market. A polytechnic institute will be built here also. Atal Residential School being built here will be inaugurate

The number of new monthly subscribers under the Employees' Provident Fund (EPF) has declined by 7.5 per cent to 777,232 in January 2023 from 840,372 in December 2022

Chinese economic officials expressed confidence Monday they can meet this year's growth target of around 5 per cent by generating 12 million new jobs and encouraging consumer spending following the end of anti-virus controls that kept millions of people at home. The Cabinet planning officials announced no details of spending or other initiatives to revive growth that slumped to 3 per cent last year, the second-lowest in decades. But they said they plan an array of measures to meet goals announced Sunday by Premier Li Keqiang by raising incomes and encouraging innovation. Efforts to revive the Chinese economy have global implications after weak retail, auto and housing sales depressed demand for imports. The country is the biggest export market for its Asian neighbours and an important revenue source for Western companies. There are many policy tools in our toolbox, the deputy chairman of the National Reform and Development Commission, Li Chunlin, said at a news conference held durin

Uttar Pradesh Chief Minister Yogi Adityanath on Sunday said his government is running a campaign under 'Mission Rozgar' that will provide jobs to more than two crore youths in the next three-four years. Addressing the closing ceremony of the two-day 'Lucknow Kaushal Mahotsav', Adityanath said by developing the skills of UP's youth, the state can play the role of the growth engine of the country's economy. The government has started 'CM Apprenticeship Training' and seven-and-a-half-lakh youth of the state will be covered under the scheme, the CM said at the event jointly organised by the National Skill Development Mission and the Uttar Pradesh government. Under the apprenticeship scheme, the government and the industry together will give an honorarium to the youth studying in universities and colleges, he said. They will be connected with experiential work and new training. "The presence of 112 companies in this festival proves that we have potential. The move to connect thousands o

The Odisha government on Saturday approved 25 industrial projects worth Rs 5,827.27 crore, which will create employment for 25,000 people

60% of employers in survey express hiring intent; pharma has the highest positive hiring sentiment (68%) followed by white goods (67%) and textile products (62%)

Surprisingly, the number of new male subscribers fell more (14.9 per cent) than female (12.9 per cent) in December

The biggest push came for the infrastructure sector, with a more than expected - i.e. 33 per cent - hike in capex that should boost private investment and spur employment generation

Between September 2017 and November 2022, 6.09 crore new subscribers joined the EPF scheme

Any roadmap to build and bolster the entrepreneurship culture can promote self-reliance and go a long way in employment generation

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 ..

According to the report, both legal or compliance and technical privacy roles at enterprises were understaffed, and the issue has worsened since last year

Jobs posted by small and midsize businesses (SMBs) clocked a 60 per cent (year-on-year) surge, with emerging small businesses from tier 1 and 2 cities posting more than 2.1 million jobs in 2022 alone

New EPFO subscribers dipped by a sharp 26% in October, from the level a month ago

More than 15,000 vacancies in various government departments were filled in three years while the selection process for 8,000 more was in progress, Jammu and Kashmir Services Selection Board (SSB) chairman Rajesh Sharma said. He said court litigation by aggrieved candidates is one of the major factors for the delay in the recruitment process. "Against last year's figure of 9,300, this year the SSB filled 4500 posts in various government departments and 3,400 among them are class-IV posts. A total of 1,500 posts were filled up in the year 2020," Sharma told PTI here. He said the candidates selected for the class-IV posts under phase two were handed over appointment letters at special 'Rozgar melas' presided by Lt Governor Manoj Sinha in Srinagar and Chief Secretary Arun K Mehta in Jammu recently. Under the first phase, more than 5,000 deserving candidates were given appointment letters last year after the government mandated the Jammu and Kashmir SSB to make recommendations for ...

Experts said an institutionalised system of social audits will clear lots of doubt

Niti Aayog CEO Parameswaran Iyer on Friday said the food processing sector is critical for the Indian economy as well as job creation and stressed on ramping up production and exports of processed items. Addressing a CII seminar here, Iyer said there is a need to encourage the MSME sector to enter the food processing sector, which he described as a very important sector for the health of the economy and people. He underlined that food processing can boost farmers income and also help in achieving nutritional goals. Iyer said there is a need to augment primary processing at farm level. Stating that food security has become important in the current global context, he said the government has taken a number of steps in this regard. The Niti Aayog CEO highlighted that there has been a steady growth in agriculture. On the food processing front also, Iyer said a number of initiatives have been taken by the government, including the Production Linked Incentive (PLI) scheme. "This is a v

TMS Ep314: Adani expansion, job creation, Indian equities, climate

Is Adani Group emerging as the next Tatas? What explains rural-urban divide despite more job creation? Will Indian equities be able to tide over emerging risks? What is climate finance? Answers here

The Department of Micro, Small and Medium Enterprises (MSMEs) has decided to offer MSMEs and start-ups training in marketing, and financial support

Highlighting the Centre's efforts in creating employment opportunities, Union Railway Minister Ashwini Vaishnaw said that about 16 lakh jobs are being generated every month by the central government