This does not include the COVID-impacted years of 2020-21 and 2021-22 when work demand for August was higher
The Aatmanirbhar Bharat Rozgar Yojana (ABRY) was launched in October 2020 to incentivise employers to create more jobs
Union Minister of State for Personnel Jitendra Singh on Monday said employment has increased in the last nine years of the Modi government, during which nine lakh jobs were given to the country's youth. Addressing Rozgar Mela here, he said one of the biggest achievements of Prime Minister Narendra Modi's tenure was that a large number of government jobs have been provided. "Not only the jobs have been generated, but you (prime minister) have generated awareness among the youth that employment is not only (about) government jobs," Singh said, addressing the event presided over by Modi. "At times, questions are raised what is the difference between then and now," he said, referring to employment generation between the Congress-led United Progressive Alliance (UPA) and the BJP's National Democratic Alliance (NDA) regime. Singh said during the UPA's first nine years -- that is 2004 to 2013 -- six lakh jobs were given, whereas under the Modi government, nine lakh jobs have been provided
Addressing the 'Rozgar Mela', PM Modi said India is set to emerge among the top three economies in the world in this decade and bring benefits to the common man
The PM will launch the 8th edition of Rozgar Mela and deliver his address virtually across 45 locations in the country, his office said in a statement
Krishnamurthy V Subramanian also called to cease the use of CMIE data on employment in India till the flaws in its survey methodology are fixed
The Karnataka government on Wednesday said it has signed a Letter of Intent (LoI) with Foxconn, a major iPhone assembler for tech giant Apple, to undertake two marquee projects in the state with an estimated investment worth Rs 5,000 crore. The projects would create employment opportunities for 13,000 people in the state, it said. The signing ceremony took place between a high-level delegation of the Government of Karnataka and Foxconn in Chennai recently, where Large and Medium Industries and Infrastructure Development Minister M B Patil and Minister for IT and BT, Rural Development and Panchayat Raj Priyank Kharge along with senior officials met Foxconn Chairman Young Liu and other executives of the company. The two projects are: phone enclosure project under which the Foxconn subsidiary plans to invest USD 350 million (Rs 3,000 crore) with employment opportunities for 12,000 people, and semicon equipment project in collaboration with Applied Materials with a projected investment
The study suggests that finding candidates with high employability in non-technical skills is easier than finding candidates with high job readiness for technical skills
This expansion would take the total employee strength to 150,000 from about 90,000 employees in India as of today
Turning jobseekers into job-givers is an important goal of the government and many steps have been taken in recent years to achieve this objective, said Chief Economic Adviser V Anantha Nageswaran. "It relieves pressure on the job market. In terms of financing, the credit guarantee scheme that was launched during Covid, and continued until this year, has done a wonderful job in ensuring that the MSME space remains vibrant," he said at an event organised by Bharatiya Yuva Shakti Trust (BYST) here on Wednesday. Citing a study, he said the unified payments interface is helping create a credit eco-system, as it provides information to banks about the granular behaviour of nano-entrepreneurs. This information flow will encourage banks to increase their lending because the credit footprints created will help them take key financial decisions, he said. "In the 202324 Budget, the government made a very important announcement: those small entrepreneurs who want to claim deductible business
Asserting that good infrastructure spurs growth in all sectors, Union Railways Minister Ashwini Vaishnaw on Saturday said Prime Minister Narendra Modi has created employment opportunities for youth and also a framework to promote startups in the country. The Vande Bharat, airports, ports modernisation, highways, and expressways, among other projects are examples of how infrastructure would make a difference in people's life, he noted. "After graduation, you will join some stream of economic activity where infrastructure plays a very big difference. If you have good infrastructure in the country, then the shipping industry and other sectors, too, develop," the Minister said while speaking at the 19th convocation of SRM Institute of Science and Technology, here. He said the Modi-government has ensured development across all sectors. Ten years ago the country imported electronics products but today 98 percent of the electronic components were made in India. And Tamil Nadu contributed .
Job insecurity is a growing concern for workers worldwide, and in India 47 per cent of employees do not feel secure in their positions, says a survey. According to the ADP Research Institute's People at Work 2023: A Global Workforce View report, a concerning 47 per cent of employees in India do not feel secure in their positions. "Workers are bound to be worried about their jobs in these volatile and uncertain economic times, especially in light of recent reports of large-scale job losses at prominent corporations and the alleged threat of AI to human employment," said Rahul Goyal, MD, ADP. Across markets, feelings of job insecurity are highest among the young. According to a survey of over 32,000 workers, half of Gen Z (18-24 year-olds) said they do not feel secure in their jobs. This is double the proportion of over 55-year-olds who say the same. Goyal further noted that "many businesses continue to have serious problems finding and keeping talent, so the situation may not be as
White-collar hiring in India witnessed 3 per cent decline in June as sectors such as IT, Retail, BPO, Education, FMCG and Insurance also showed cautious hiring sentiments, a report said on Monday. According to the Naukri JobSpeak Index, on a year-on-year basis, June witnessed a 3 per cent decline with 2,795 job postings compared to 2,878 in June 2022. On a month-on-month basis, the job postings fell by 2 per cent. The Naukri JobSpeak is a monthly Index representing the state of the Indian job market & hiring activity based on new job listings and job-related searches by recruiters on the resume database of Naukri.com. "The white collar job market of India is witnessing a structural shift. For a long time, jobs in the tech sector and in top metros were the key drivers of white collar job growth. "Of late, jobs in the emerging sectors such as real estate, oil and gas, pharma and BFSI have emerged as significant contributors to job growth," Naukri.com Chief Business Officer Pawan ...
State-owned schools are focusing on making students more employable for the high-tech industries that the government is hoping to attract
Prime Minister Narendra Modi on Tuesday hit out at "dynastic" political parties for promoting "nepotism and corruption" in recruitment to government jobs, and said while such parties "looted" youth with their "rate cards" for various posts, his government is working to "safeguard" their bright future. Addressing the newly-recruited government employees after distributing appointment letters to over 70,000 people, he said dynastic parties had betrayed the youth by encouraging corruption and nepotism in the recruitment process. Recruitment process earlier used to take one to one-and-a-half years, but now it gets over in a few months transparently, he said. "We have seen how dynastic political parties promoted nepotism and corruption in all systems. When it came to government jobs, these parties encouraged nepotism and corruption. These dynastic parties have betrayed crores of youth," he said without naming any party. In 2014, when our government came, transparency came and nepotism i
Jobs and professional networking platform Apna.co on Friday said it has signed an agreement with the Directorate General Resettlement (DGR), under the Department of Ex Servicemen Welfare, to help ex-servicemen in their transition from military to civilian life. Under the Memorandum of Understanding (MoU), Apna.co will offer ex-servicemen complimentary access to its platform, connecting them with hyperlocal career opportunities tailored to their respective regions, the company said in a statement. "We are delighted to announce our strategic collaboration with the Directorate General Resettlement, as it aligns perfectly with our mission of empowering individuals through meaningful employment opportunities. By bridging the gap and connecting ex-servicemen with hyperlocal career opportunities, we aspire to support their transition into civilian life," Apna founder and CEO Nirmit Parikh said. DGR, working under the guidance of the defence ministry, is dedicated to the resettlement of ...
As many as 321 people from six of the eight Northeastern states on Tuesday received appointment letters, during a Rozgar Mela' held in Nagaland, for jobs in six ministries and Assam Rifles. Union Minister of Social Justice and Empowerment Pratima Bhowmik distributed the appointment letters to the new recruits at the common Rozgar Mela' held in Imliyanger Memorial Centre (IMC) here. Since Prime Minister Narendra Modi gives priority to empowerment of women, 67 women were among the 321 newly inducted employees, Bhowmik said. The Union minister said that the Prime Minister had said last year that the government will provide jobs to youths in a systematic manner. It is the promise of the Prime Minister to provide jobs to youths and make India atmanirbhar' and vishwaguru' by 2047, she said, urging the youngsters to work hard and contribute towards nation-building to achieve this feat. Of the new appointees, over 50 people were from Nagaland. The common Rozgar Mela' was held for Arunach
In a first in the country, the Kerala government on Monday launched a welfare fund for Mahatma Gandhi Rural Employment Guarantee Scheme (MGNREGS) workers in the State. Launching the initiative, Chief Minister Pinarayi Vijayan said the workers who have completed the age of 60 will be entitled for pension under the fund which will also provide financial assistance for medical treatment, education, marriage, among other benefits. He said 27 lakh people in the State depend on the MGNREGS and the Left government intends to make use of the scheme for the social development of Kerala. In a Facebook post, Vijayan said the workers need to pay a nominal monthly amount of Rs 50 as contribution to the fund and the government will also contribute an equal amount. He said for those who have paid the contributions for ten or more years, their families will get the benefits in case of beneficiary's death. The welfare fund has been formed as per the Kerala Employment Guarantee Workers' Welfare Fund
Leading internet company Info Edge (India) Ltd's blue-collar recruitment portal JobHai.com on Tuesday announced a collaboration with YuWaah at UNICEF to provide better employment opportunities to skilled young people in India. The partnership between Job Hai and YuWaah aims to provide better salary jobs for the youth locally, a statement said. Over a lakh of MSME recruiters and job providers have already used this platform for their hiring needs. Delhi, Bengaluru, Mumbai and Hyderabad have accounted for nearly 50 per cent of blue-collar jobs in recent years, and Job Hai offers significant opportunities to such aspirants in these cities. "With this coalition, we also look forward to making a significant impact on the lives of young people and connecting them with employment opportunities in accordance with their interests and ambitions," said Dhuwarakha Sriram, Chief of Generation Unlimited India, Youth Development and Partnerships at UNICEF. The application is already available in