Page 2 - Shiva Rajora

Manufacturing underperformed amid rise in multi-plants: Arvind Subramanian

On the employment front, they constituted 43 per cent of total non-managerial employees in 2022, up from 17 per cent in 2001

EPFO considering removing 12% ceiling on employees' contribution to EPS

Additionally, the EPFO is also working to revamp its IT infrastructure for more seamless and efficient services to subscribers and easier withdrawals

EPFO mulls investing in equity market beyond Exchange Traded Funds

As per the current pattern of investment notified by the labour ministry in April 2015, retirement fund body can invest anywhere between 5 - 15 per cent of all its fresh accretions in equity markets

e-Shram database now a 'One Stop Solution' for unorganised workforce

According to various estimates, there are roughly 500 million unorganised workers in the country

EPFO subscribers may soon get ETF fillip; CBT meeting on Saturday

CBT meeting on Saturday may take a call on reinvesting 50% of its ETF redemption proceeds in equity

How e-Shram portal could transform social security, labour market landscape

The government is working on integrating welfare schemes across ministries into a single portal for unorganised sector workers to access, as well as for private firms to tap into for labour needs

S&P Global cuts India's FY26 GDP growth forecast to 6.7% from 6.9%

Raises inflation projection for FY25 to 4.6%

WPI inflation hits 4-month high of 2.36% in October on food price spike

The latest WPI data comes days after Consumer Price Index data showed retail inflation hit a 14-month high of 6.2 per cent, also spurred by a rise in food prices

Govt to open e-Shram portal for registration of self-employed workers

New facility aims to add millions of unorganised workers to social security benefits

Govt plans to integrate Gati Shakti portal with e-Shram database

Integration aimed to reduce skill gap and help nodal agencies plan their workforce requirements better

Skill ministry asks states to enrol ITI passouts under PM Internship Scheme

The government aims to skill 10 million youths in India's top companies in five years through the internship scheme

Govt reconstitutes CAC to drive reforms, boost apprenticeship training

Among private sector employer representatives, the council will include members from the TATA Group, Maruti Suzuki, Reliance Industries, Toyota, and the Indian Banks Association, among others

Strong demand revives services PMI in Oct, job creation improves

Companies recruit extra workers to meet domestic and international demand

Managerial roles waning in formal manufacturing sector, shows ASI data

Experts attribute the changing nature of the manufacturing workforce to the adoption of automation in various administrative job roles and increasing contractualisation by producers

MPLAD schemes: Detractors warn of eroded separation of powers in governance

Critics point out that rarely are questions asked and probes ordered on the utilisation of public money under these schemes, or when done, it is mostly to settle political scores around election time

Strong demand revives manufacturing PMI to 57.5 in October after 8-mth low

The survey also noted that new export orders exhibited stronger growth, following the weakest increase in a year and a half during September, with gains reported in new contracts

41% workers on contract in formal manufacturing sector in FY23: ASI data

Contract workers are employed by an industrial establishment through contractual agreements for a specified period or task

Nearly 26 million applicants for PM Vishwakarma scheme, shows data

A total of 25.8 million applications have been submitted so far, of which 2.37 million applicants have successfully registered after undergoing a three-step verification process

Six industries contribute over 50% of formal sector manufacturing GVA: NSO

According to NSO data, this highlights the skewed nature of productivity

Core sector grows 2% in September; refinery and cement lead gains

For the first time in 42 months, the output of the core sector has contracted (-1.6 per cent) during August.