Page 9 - Employment In India

Deepak Chem inks pact to invest Rs 9,000 cr in Gujarat in chemical sector

Deepak Chem Tech, a wholly-owned subsidiary of Deepak Nitrite, on Wednesday said it has inked an agreement with the Gujarat government to invest around Rs 9,000 crore to establish projects at Dahej. Under the memorandum of understanding, the company will invest Rs 9,000 crore to set up units to manufacture chemicals at Dahej, expected to commence operations in 2027, Deepak Chem Tech (formerly Deepak Clean Tech) said in a regulatory filing. This investment is likely to create about 1,300 direct and indirect employment opportunities, it added. Earlier, the company had expressed its intention to invest around Rs 9,000 crore during Vibrant Gujarat Global Summit 2024 held on January 10-12. The proposed investment will help the country reduce its imports, the company said.

Job market blues echo in the corridors of India's leading B-schools

Debashis Chatterjee, director, IIM-K, said that they recognise a downturn in the market, but there is no panic in the institute because there was a steady absorption of its students

Voice-enabled lifts, manager training: How offices make inclusive shift

Employees with disabilities being groomed for managerial roles, able-bodied workforce sensitised and trained in sign language

My govt took country out of darkness staring at youngsters: PM Modi

Prime Minister Narendra Modi asserted on Thursday that his government took the country out of the darkness staring at youngsters 10-12 years back, as he told young voters that their votes will decide India's future direction and approach. In a virtual address to young voters organised by the youth wing of the ruling BJP, he said they have the responsibility of making the country developed in the next 25 years in the same way the young generation during the 25 years before Independence had for its freedom. Taking a swipe at opposition parties, Modi said the youth is against corruption and "parivarwaad" (nepotism), adding that family-run parties never allow other youngsters to move ahead. "The mindset of leaders of these parties is anti-youth. You have to defeat these family parties with the strength of your votes," he said. The circumstances prevailing in the country 10-12 years back had made the future of youngsters dark, he said, asserting that things have changed now. The countr

Govt focusing on skill development to make youths job ready: Chandrasekhar

Union minister Rajeev Chandrasekhar on Friday said the government has been focusing on skill development of youths to make them ready for jobs and they should grab the opportunity. Before 2014, out of the 42 crore workers of the country, 31 crore used to go for work without skill and education and skill but now the scenario has been drastically changed following launching of Skill India in 2015, Chandrasekhar said. The minister of state for skill development and entrepreneurship was speaking at a Kushal Bharat Viksit Bharat' programme at Town Hall here. "Prime Minister Narendra Modi has changed the 65-years of disadvantage of our young workforce by skilling and upskilling them," he said. Chandrasekhar said the country was among the fifth fragile economies in the world before 2014 and now it is among the top five economies. "It is the new India. The youths will get a lot of opportunities if they have skill and education. We are focusing on skill development of the youth of the coun

9 out of 10 professionals in India looking for job switch in 2024: LinkedIn

According to the research, 42 per cent of working professionals identify a desire for better work-life balance as a reason for changing jobs

ESIC adds 1.6 million new members in November, 317K females: Payroll data

The Employees' State Insurance Corporation (ESIC) added 15.92 lakh new members in November 2023, according to provisional payroll data released on Tuesday. Around 20,830 new establishments were registered and brought under the social security umbrella of ESIC in November ensuring more coverage, the labour ministry said in a statement. The data shows that more jobs were generated for the youth during the month as out of the total 15.92 lakh employees added, 7.47 lakh, which constituted 47 per cent of the total registrations, were up to the age group of 25 years. Net enrolment of female members was 3.17 lakh in November 2023, according to the data. A total of 58 transgender employees were registered under ESI Scheme in November. It shows that ESIC is committed to delivering its benefits to every section of the society, the ministry stated. The payroll data is provisional since the data generation is a continuous exercise.

RIL launches Graduate Engineer Trainee programme, to hire engineers

Reliance Industries Ltd, India's largest company, has launched the Graduate Engineer Trainee programme, aiming to hire graduate engineers across businesses - from petrochemicals to new energy. Reliance has opened its entry-level recruitment drive for young engineers named the Graduate Engineer Trainee (GET) 2024 programme from all over India, with an aim to nurture young, high-potential engineering talent for key technical roles across business verticals, the firm said on its website. This year, the application process has been taken online for the first time. Registration for the programme has started from January 11 and will remain open till January 19, the firm said on its website. The online application process -- as opposed to the more commonly used campus recruitment process, wherein companies can visit only a few dozen institutes every year -- is launched with a view to offer equal opportunity to every young engineering student pan-India and democratise access to world-class

Best of BS Opinion: Markets in India's decade, Known unknown & more

Here is the best of Business Standard's opinion pieces for today

Fresh formal jobs creation falls 10% to 9.06 mn in 2023: EPFO data

Furthermore, the number of new women subscribers declined by about 12 per cent to 2.35 million from 2.68 million last year

India on lookout for major global labour arrangements for skilled workers

Govt in discussion with several countries to send skilled workers

NPS adoption dips to 4 month low in October amid corporate slowdown: NSO

Since the union government has mandated the NPS for all its new employees, this can be used as a proxy to gauge fresh recruitments at the central level

Job shift: Gigs get big for white-collar workers, investment hurdles remain

The freelance economy has been booming in 2023

Social media unicorn ShareChat lays off 200 employees to reduce costs

This is the second such move this year for the Indian regional social network

Flexi-staffing industry records four-quarter high growth in Q2: Report

The IT services sector is opening up new employment opportunities, driven by high volumes

Rail Kaushal Vikas Yojana trainees not preferred for railway jobs: Vaishnaw

Over 26,000 candidates, who have been skilled till November 2023 under the Rail Kaushal Vikas Yojana, will not have any preference in jobs in the Indian Railways, Railway Minister Ashwini Vaishnaw informed the Rajya Sabha on Friday. Vaishnaw said that this scheme was launched in September 2021, adding 26,791 candidates have completed their training till November 2023. Responding to a question by Bharatiya Janata Party (BJP) MP Narayana Koragappa whether any preference of above trained youth is given for employment in the railways, he said, No, Sir. This programme is intended to enhance the skill of a person so that he / she can get a job or can start his / her own start-up / entrepreneurship. Vaishnaw said that the Indian Railways launched the Rail Kaushal Vikas Yojana to empower candidates in the age group of 18 to 35 years by providing them entry level skill training in various industry relevant technical trades at various training locations. Successful candidates are awarded ...

Varanasi Sansad Employment Fair 2023: Over 11000 jobs offered to people

Over 11000 people secured jobs in the Sansad Employment Fair that was held on December 9, 10, 11, and 12. The selected candidates have received an appointment letter on December 12, 2023

Enough jobs exist for smart people: Info Edge's Sanjeev Bikhchandani

Bikhchandani said there is no funding winter for good companies, and there never was

Is MGNREGA work demand real sign of distress or problem lies elsewhere?

In FY23, around 87.5 million people worked under the scheme, according to the MGNREGA website. Till December 12 in FY24, approximately 72.6 million people had worked under the scheme

Employers in India bullish globally on hiring in 2024 March qtr: Survey

Corporate India's hiring sentiment for the next three months is one of the highest across the world, with 37 per cent of employers planning to increase their staff strength amid buoyant domestic demand conditions, says a survey. According to the latest ManpowerGroup Employment Outlook Survey of nearly 3,100 employers across sectors and regions, the Net Employment Outlook (NEO) in India is the highest amongst 41 countries. The outlook for January-March 2024, calculated by subtracting the percentage of employers who anticipate reductions to staffing levels from those who plan to hire, stood at 37 per cent, up 5 per cent from the corresponding period of 2023, and same when compared with the last quarter. "Domestic demand remains buoyant, and private investments continue to flow in making India a lucrative economy. With stability in the political arena, progressive India is not a dream but a reality," Sandeep Gulati, Managing Director of ManpowerGroup India and Middle East, said. As pe