Page 7 - Employment In India

Tier 2, 3 cities see 30% rise in demand for jobs in BFSI sector, shows data

The heightened demand is particularly noticeable in areas such as insurance, housing, NBFCs, and retail banking," according to TeamLease Services

Apple may employ over 500,000 people in India over the next 3 years

iPhone maker Apple through its vendors is expected to employ over 5 lakh people in India over the next three years, according to government sources. At present Apple's vendors and suppliers employ 1.5 lakh people in India. Tata Electronics, which runs two plants for Apple, is the biggest job generator. "Apple is accelerating hiring in India. At a conservative estimate, it is going to employ five lakh people in the next three years through its vendors and components suppliers," a senior government officer told PTI. When contacted, Apple declined to comment on the projection. Apple has plans to scale up production in India by over five-fold to around USD 40 billion (about 3.32 lakh crore) in the next 4-5 years. According to market research firm Counterpoint Research, Apple led the India market with the highest revenue in 2023 for the first time, while Samsung topped the chart in terms of volume sales. The firm in its recent report said Apple surpassed the 10-million-unit mark in ..

Economic management: The one thing Biden could learn from PM Modi

While India's economy might be posting impressive growth numbers, employment and wages haven't kept up

Snatching decline from the jaws of growth

If enforced, the law of Standing Orders will bureaucratise India's most dynamic sector

Wider social security net on cards for unorganised sector workers

Meetings have already begun with the relevant ministries and government depts

Govt to provide benefits to workers using e-Shram database: BJP manifesto

Drivers of taxis, trucks, and other vehicles will be registered on the portal. Gig workers will also be registered via gig platforms

The future of work in the AI era

Even if humans are able to adjust to a life of leisure in the long term, the most optimistic projections of AI productivity portend massive short-run disruptions to labour markets

Productive employment

Policy must also focus on earnings

That tricky issue of job creation

Why is it so hard for government action to create jobs - so much so that even high economic growth under different regimes is not good enough to change the basic picture of unemployment?

Will do a caste census and scrap Agnipath scheme: Congress in manifesto

Lok Sabha elections 2024: The Congress party promises to regularise employment, raise 50% cap on reservation, end 'cess raj'

From jobs to MSP, what has changed in Congress' manifesto from 2019

Lok Sabha elections 2024: The manifesto pledged to conduct a nationwide Socio-Economic and Caste Census to assess caste and sub-caste demographics along with their socio-economic status

Retail, food and education top tech layoffs list so far in 2024, shows data

Numbers so far this year are lower than in 2023

Fastest growing occupation for young: Unpaid help in household enterprises

Women dominated the household unpaid category while it was own-account for men within self-employment

Our govt will usher in 'Rozgar Kranti', says Cong chief Mallikarjun Kharge

The Congress will usher in a 'Rozgar Kranti' by taking concrete steps to increase employment opportunities, enable entrepreneurship and realise the aspirations of the youth, party chief Mallikarjun Kharge said on Saturday. He said the Congress guarantees that the future of youth will turn from bleak to bright and reiterated the 'Yuva Nyay' guarantees which the party would implement if voted to power. In a post on X, he said, "The Congress party will usher in a 'Rozgar Kranti (employment revolution)' through Yuva Nyay guarantee! We will take concrete measures to increase employment opportunities, enable entrepreneurship and realise the dreams and aspirations of our youth." Kharge listed the guarantees given by his party under its 'Yuva Nyay' pitch. Under the 'Bharti Bharosa' guarantee, the Congress chief said, his party would provide 30 lakh new Union government jobs, according to a jobs calendar. As part of 'Pehli Naukri Pakki', the party will provide one year Right to Apprenticesh

ILO report, job searches: Employment data grim as FY24 draws to a close

Indian job market has several challenges, says new report by ILO

Youth understands BJP can't provide employment, says Cong leader Priyanka

Congress leader Priyanka Gandhi Vadra on Wednesday attacked the Centre over the issue of unemployment, saying the youth has understood that the BJP cannot provide employment and her party has a concrete plan for providing jobs to them. Citing the India Employment Report 2024 released by the International Labour Organisation (ILO) and the Institute of Human Development (IHD), Gandhi pointed out that out of the total unemployed people in India, 83 per cent are youth. "The share of educated youth in the total unemployed was 35.2% in 2000. In 2022, it has almost doubled to 65.7%," she said. "On the other hand, the Prime Minister's Chief Economic Advisor is saying that 'the government cannot solve the problem of unemployment'," the Congress general secretary said. This is the truth of the BJP government, she added. "Today every youth of the country has understood that BJP cannot provide employment. Congress Party has a concrete plan to provide employment to the youth," she said. Gandh

Fresh formal job creation slows down in January, shows EPFO data

In January last year, 830,047 subscribers joined the EPF. This data is crucial as only the formal workforce enjoys social security benefits and is protected by labour laws

India's income inequality at 100-year high; worse than colonial era: Study

The top 1 per cent of Indians hold the maximum national income share at 22.6 per cent compared to key peers

The other side of India's jobs story

The bigger problem is the nature of employment, rather than unemployment, and the realistic solution could be fostering farm-related enterprises

Hire apprentices: Govt sends notices to nearly 180,000 companies

Firms will have to fulfil their obligation under the Apprenticeship Act by recruiting requisite apprentices