Page 11 - Employment In India

Formal job creation surged to 1.5 mn in December 2021, shows data

Around 15.26 lakh new members joined the ESIC-run social security scheme in December 2021 against 10.39 lakh in the previous month, official data showed

513 students get 662 offers at Indian Institute of Management Bangalore

The Lateral and Final Placements for the PGP and PGPBA Class of 2020-22 of the Indian Institute of Management Bangalore (IIMB) saw 662 offers, leading to all 513 students who appeared for placements being placed. Harsh Agrawal, Placement Representative, said: "Overall, there has been a 37 per cent increase in the number of offers YoY, driven primarily by Consulting and Product Management roles. Strategy Consulting continued to be the most sought-after role among the students, followed by Product Management and Finance. Consulting companies made 248 offers led by Accenture with 51 offers, followed by Boston Consulting Group with 30 offers, an IIMB statement said on Wednesday. Top recruiters included Kearney (27), Bain & Company (26) and McKinsey & Company (22). Prominent recruiters in the Information Technology and Product Management domain, who made 141 offers, are Microsoft (15) and OYO (11). The 65 offers made in the E-commerce space included Amazon (37) and Paytm ...

4 in 10 employees may switch jobs in India in 2022: Qualtrics report

Prioritising employee wellbeing, creating a culture of belonging, and ensuring employees feel like their career goals can be met are also important drivers of intent to stay in India: Report

Vistara to ramp up manpower to 5,000 this year, says CEO Vinod Kannan

The airline, which currently has 50 planes, aims to have 70 planes by the end of 2023 after taking into account some aircraft that will be returned to lessors

Signs of economic recovery

Consumer sentiment has been, by far, the most sluggish economic indicator in the post-lockdown recovery story so far

Tepid rural wage growth poses stiff challenges for economic recovery

Real rural wages of general agriculture labourers (male) rose just 2.64 per cent in September, followed by 3.11 per cent in October, and again 2.64 per cent in November

Bulldozers under repair now, will resume work after March 10: UP CM

Talking of employment opportunities in the state, the chief minister said his government has given 5 lakh jobs to youths

Employers' intent to hire freshers surges by 30% for Jan-Jun, says Report

There is a 30% rise in the intent to hire freshers in the January-June period of this year, as compared to the previous half year, showing a notable recovery in economic activity, says a report.

Households liked the Union Budget

While equity markets react to budget announcements in real time, households we believe, take a little longer to digest it. Households are not as cued in as financial markets are

Optimistic scenario: Can growth take care of all the economy's problems?

If the government thinks growth is the solution, can it be delivered in a slowing world with rising rates - within the domestic context of slower growth even before the pandemic, asks T N Ninan

Haryana's 75% quota for locals in private jobs put on hold by High Court

Under the law, a provision has been made to impose a fine, ranging from Rs 50,000 to Rs 2 lakh, on the industries which do not employ local candidates

Employment and the government

Almost every political party promises jobs during elections. But, governments do not seem to recognise the problem of employment adequately

Indian startup ecosystem generated over 600,000 jobs: President Kovind

Hailing the Indian startup success story, President Ram Nath Kovind on Monday said the burgeoning startup ecosystem has generated more than 6 lakh jobs to date.

Budget 2022-23: Job creation to drive auto sales, say brokerages

When the government announces the Union Budget on Tuesday, brokerages and rating agencies expect measures to make automobiles, particularly two-wheelers, more affordable

ESIC scheme adds about 1.02 million new members in November 2021

Around 10.28 lakh new members joined the ESIC-run social security scheme in November 2021 against 12.39 lakh in the previous month, official data showed on Tuesday

Job postings in Travel & Tourism sector sees 4% rise in Dec: Report

The travel and tourism industry, one of the hardest hit by the pandemic in the country, is on the path of recovery and registered a 4 per cent year-on-year growth in job postings during December 2021

Sentiments recovering in January

At 60.3, the index was at its highest in November 2021 since its fall in April 2020 following the Covid-induced lockdown

75% reservation must in private sector to job seekers in Haryana

Fulfilling one of the key poll promise made by Dushyant Chautala's Jannayak Janta Party (JJP), a coalition partner of the BJP in Haryana, a law that provides 75 per cent reservation

Chhattisgarh to generate 1.2-1.5 million employment opportunities

Chhattisgarh has constituted an Employment Mission under the chairmanship of CM Bhupesh Baghel with an aim to generate 12 to 15 lakh new employment opportunities in next five years, officials said

Chhattisgarh to set up employment mission to create 1.5 mn jobs in 5 years

The Chhattisgarh government has decided to set up an employment mission headed by Chief Minister Bhupesh Baghel to create around 15 lakh job opportunities in the state in the next five years