India's post-pandemic recovery appears to be shaping up like the letter K. In a three-part series, Business Standard illustrates how the K-shaped recovery is widening the inequality among states
He added the days when employees signed up with big tech majors and spent their lives on the job were long gone
The Factories Act is one such, but its provisions don't apply to firms that don't run a factory; many states have their own laws on the matter
Companies such as Flipkart, Amazon, Meesho and Myntra are gearing up to host their biggest festive sale events without covid restrictions for the first time in three years
Nasscom calls for firms to re-imagine engagement models
Around 2,000 people have got direct employment while conditions for indirect employment have been made
Union Power Minister R K Singh on Wednesday exuded confidence that the second version of production linked incentive (PLI-II) scheme for solar manufacturing worth Rs 19,500 crore, will help save close to Rs 1.4 lakh crore forex every year. The Union Cabinet, chaired by Prime Minister, Narendra Modi, approved the implementation of the Production Linked Incentive Scheme (Tranche II) on National programme on High-Efficiency Solar PV Modules', with an outlay of Rs 19,500 crore for achieving a manufacturing capacity of 65 Giga Watt (GW) scale in High-Efficiency Solar PV Modules. The government has expanded the scope under PLI-II as the domestic manufacturing capacity will also boost exports. The PLI-I for solar modules was worth Rs 4,500 crore, which was brought with intent to meet domestic requirement mainly as India has been importing solar equipment. "This (PLI-II for solar module) will lead to a saving of Rs 1.40 lakh crore saving because of domestic manufacturing. And it will also .
According to the 'Employment Outlook Report' by TeamLease Services, 61 per cent of employers of India Inc. were keen to hire during the period, growing by 7 per cent compared to last quarter
The growth in the staffing demand was led by the sectors like e-commerce, retail, manufacturing, banking and financial services in the June quarter, ISF reported
West Bengal Chief Minister Mamata Banerjee on Thursday said that the state will be number one in creation of jobs in the next four to five years which is the aim of the government now. Banerjee, who was speaking at an event in Kharagpur, said that the government's job is to "match make" job seekers and industry with employment generation as its target. "Employment generation is my target at the moment. My aim is to make Bengal number one in job creation in the next four to five years," she said. Distributing certificates and offer letters to those who have successfully completed the 'Utkarsh Bangla' skill development programme, Banerjee said the state has been adjudged number one in skill development. "The number of polytechnics and ITIs have proliferated in Bengal and the government has created a platform for the match making," she said. Banerjee said that while there has been a 45 per cent decrease in employment in the country, the figure for West Bengal has risen by 40 per .
The latest numbers underscore challenges in providing equal opportunities: Between 2010 and 2020, the number of working women in India dropped from 26% to 19%, according to the World Bank
Wipro's leader Rishad Premji and Infosys have warned against practice before
The report showed that India has the strongest net employment outlook for the December quarter in the Asia- Pacific region, followed by China (46 per cent), and Australia (38 per cent)
There are demands to extend production linked incentive (PLI) scheme to more sectors such as certain electronic components, pharma and medical devices, and discussions are underway in the government on these proposals, a senior government official said. Discussions are also going on to bring PLI scheme for toys, furniture, bicycles and containers. The objective of the scheme is to make domestic manufacturing globally competitive, create global champions in manufacturing, boost exports and create jobs. The government last year rolled out the scheme with an outlay of about Rs 2 lakh crore for as many as 14 sectors, including automobiles and auto components, white goods, textiles, advanced chemistry cell (ACC) and speciality steel. "So, from Rs 1.97 lakh crore, there are savings from some sectors. So against those savings, things are being planned. Proposals are under consideration," the official said. Demand for including sectors like certain electronic components, toys, furniture,
Sri Lanka's Minister of Labour and Foreign Employment Manusha Nanayakkara said that more than 200,000 Sri Lankans have left for foreign jobs in 2022 so far
The financial burden depends on the design of the scheme.
The establishment of an ethanol plant will generate direct and indirect employment opportunities in the region and boost economic prosperity in the region.
This is the lowest unemployment rate recorded in the last 4 years, from the time NSO launched India's first computer-based survey in April 2017
Report reveals that just 20% of fixed-term employment contracts are renewed
Karnataka Chief Minister Basavaraj Bommai said a special program has been chalked out for creating new jobs by extending the financial assistance of Rs 5 lakh to Rs 10 lakh to 100 SC/ST students