The Congress on Friday slammed the government over an International Labour Organisation report pointing to wage inequality in India, claiming this is a direct consequence of Prime Minister Narendra Modi's "pakoda-nomics" which is about 'pakodas' for the masses and 'halwa' for the chosen few. Congress general secretary in-charge communications Jairam Ramesh said the International Labour Organisation's just released Global Wage Report 2024-2025 has some concerning findings about wage inequality in India. Citing the report, he said the top 10 percentile of India's income-earners earn 6.8 times more than the bottom 10 percentile. "This is significantly more unequal than nearly every country in our neighourhood, including Pakistan, Bangaldesh, Bhutan, Nepal, and Myanmar," Ramesh said in a post on X. He further cited the report to state that India has one of the lowest share of wage-workers among all lower-middle-income countries. Most workers are engaged in self-employment which is ...
The road ahead needs a concerted effort to develop comprehensive strategies that not only create jobs but also ensure these opportunities are accessible to youth across all regions and demographics
Report expresses concern over number of youth in NEET, which stood at 20.4% globally
If summer of 2024 is remembered for record heat amid elections, Mungeshpur will find a mention too. Ashish Tiwari travels to the Delhi-NCR periphery to feel the heat of the place which made news
Member countries, including India, are expected to develop their national policies for promotion of care workers in line with international standards
Apprenticeship in India has failed to take off majorly due to the lack of awareness among the firms especially in the services sector, believe industry observers
The unemployment rate for young people with secondary or higher education was six times higher at 18.4 per cent
Never mind work-life balance: this generation spends more time on the job than ever before
The latest ILO data highlights India's significant progress in enhancing social protection, says Gilbert F Houngbo, director-general, ILO
To prepare for the future of work, the leaders of the world's top economies at the G20 summit on Saturday recognised that the movement of skilled professionals benefits both the origin and destination
Director General International Labour Organization Gilbert F. Houngbo on Sunday congratulated the Indian presidency for the G20 declaration
ILO said it has developed a new indicator 'jobs gap' which offers more elaborate measure of the unmet demand for employment, especially in developing countries
The BRICS countries need to urgently expand trade with each other rather than with the rest of the world, a top official of the International Labour Organisation (ILO) has said and offered technical support from the UN agency towards the realisation of such a goal. BRICS includes Brazil, Russia, India, China and South Africa. Jens Dyring Christensen, Senior Specialist in Enterprise Development and Management at the ILO, made the comment on Wednesday while speaking on the topic 'BRICS Productivity Ecosystems' at the bloc's second Employment Working Group (EWG). What we find is that trade with the United States is six times higher than within BRICS member states. What is needed is to expand inter-BRICS trade, he said. The meeting, which took place in South Africa's Port Alfred, is one of several preparatory ones ahead of the BRICS Summit scheduled to take place in Johannesburg in August. The heads of state of the five partner countries in the bloc are all expected to attend the ...
This comes at a time when some states in the country have raised work hours from eight to 12 per day
New index reveals disparity masked by unemployment data; gender gap in jobseeking shows wider difference in earnings
Comptroller and Auditor General of India (CAG) has been selected as external auditor of the International Labour Organization (ILO), Geneva for a four-year term from 2024 to 2027, the apex auditor said in a statement on Thursday. Girish Chandra Murmu is the CAG. CAG will take over from the incumbent external auditor of ILO, Supreme Audit Institution of Philippines. "CAG's appointment is a recognition of its standing among the international community as well as its professionalism, high standards, global audit experience and strong national credentials," it said. Giving details, the CAG said ILO had formed a selection panel for appointment of external auditor and invited bids from the Supreme Audit Institutions (SAIs). Based on the technical experience and other criteria, the ILO shortlisted three Supreme Audit Institutions (India, Canada and United Kingdom) for technical presentations. In Geneva, a three-member team from CAG of India presented the strengths, approach and skill se
Global employment growth is expected to slow down sharply to 1% this year compared to 2% in 2022, hit by the economic fallout of the war in Ukraine, inflation and tighter monetary policy, the ILO said
Reduced working hours and more flexible working time arrangements, such as those used during the Covid-19 crisis, can bring benefits for economies, businesses and workers, says the ILO report
The move may play a significant role in helping India meet its Sustainable Development Goal to eliminate extreme poverty by 2030
Says the recovery seen in early 2022 has already gone into reverse in the second and third quarters