The latest PMI figure comes a day after the National Statistical Office (NSO) data showed that India's GDP grew by 8.4 per cent in the October-December quarter
This is the second time the firm has laid off employees. Pristyn had, in March last year, reportedly laid off 45 employees due to poor performance
Mission Karmayogi is ambitious in its target but vague about how civil servants are using what they learn
Semiconductors emerging as 'big sector' in country as more investments come in, he says
The latest Economic Survey Assam has stated that nearly 10 lakh fresh educated youths have registered in employment exchanges in the state in 2022 compared to just 1.4 lakh in the previous year. Terming it a huge challenge before the state, the Economic Survey, Assam for 2023-24 stated that the size of the educated job seekers is considerably high with new registration jumping by a whopping over seven times in just a single year. "From the records of the live register of Employment Exchanges, the registered educated job seekers stood at 9,83,093 in 2022 as against 1,37,865 during 2021," it added. The report, which was tabled in the Assam Assembly during the Budget Session this month, stressed that the number of educated job seekers has increased at all levels of education in 2022 over 2021. It said that the overall number of educated job seekers stood at 18,05,441 as per registrations at Employment Exchanges in 2021 as against 17,46,671 during 2020, thereby showing an increase of 3
India is its largest talent hub; comprises 75% of company's total workforce
The Odisha government has approved 27 new industrial projects to the tune of Rs 6,134 crore across sectors, a senior official said on Saturday. The proposals got the state government's nod at a meeting chaired by Chief Secretary P K Jena on Friday. The potential sectors include aluminium, renewable power, manufacturing, aerospace and defence, food processing, apparel and textiles and IT infrastructure, the official said. The proposed projects are likely to create employment for 42,275 people, Jena said.
According to the projections by AON, the manufacturing sector could lead the hike with 10.1 per cent, followed by life sciences, and financial institutions with a 9.9 per cent hike each
According to talent management firm Randstad, there is a 20-25 per cent lateral movement of talent from IT firms to GCCs across sectors due to several factors that extend beyond salaries
Government says the trend is a result of its welfare and easy credit programmes
The ministry will formally notify lawmakers of the MOU and hold follow-up meetings with Indian officials, according to the statement
The paper also noted that the gap in rural wages between formal salaried workers and casual workers also decreased due to the employment guarantee scheme
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The scheme will be operational for two years and Rs 672 crore will be spent from the state's coffers
Contract workers are employed by an industrial establishment through contractual agreements for a specified period or task
He said the share of women in new appointments in Rojgar Melas had gone up to 18-20 per cent compared to the 7-8 per cent share in the appointments made by the previous government
Hotels' Association of India (HAI) on Monday said the hospitality and tourism sector expects to create 50 million direct and indirect jobs in the next 5-7 years but government support is required for getting the full industry and infrastructure status in states to tap the employment potential. The infrastructure status for the hospitality sector can push up investments not only to create accommodation, but also in the process boost income and employment generation, HAI President Puneet Chhatwal said while speaking here at the 6th HAI Hoteliers' Conclave. Chhatwal, who is also the Managing Director and CEO of Indian Hotels Company Ltd, said while tourism is a pillar of development creating about 10 per cent of the total employment and contributing 8 per cent to GDP with a huge multiplier effect that can help inclusive growth, "there is often a gap between this realisation and the actual policy implementation". Addressing a press conference, HAI Vice-President K B Kachru said in the .
Prime Minister Narendra Modi will distribute appointment letters through video conferencing to newly recruited individuals of Andaman and Nicobar Islands at a 'Rozgar Mela' (employment fair) to be held here on February 12, an official said. All the selected candidates have been informed that offer of appointment orders will be issued during the 'Rozgar Mela' scheduled to be held on February 12 and they were requested to be present at the Netaji Stadium, the official said. "A Rozgar Mela (employment fair) is scheduled to be held on February 12 at Netaji Stadium in Port Blair. All selected candidates to various Group C posts (lists issued by the local administration on January 24 and February 6, 2024) will be given their appointment letters", he said. A total of 2,721 people will be given appointment letters in the mela, the official said. Union Minister of State (Commerce and Industry) Som Prakash will be the chief guest and the Lieutenant Governor and Vice Chairman of Islands ...
Expect employment opportunities to drive consumption
Decline in regular wage employment in general category led to an increase in self-employment and casual work