Page 2 - Job Creation In India

Jobs creation in South Asia lags population growth, says World Bank chief

"If only they can be employed. It's a fantastic opportunity to grow but until recently employment ratios have been falling," says Franziska Ohnsorge

Today's youth don't run after govt jobs, but are job creators, says Goyal

Today's youth don't run after government jobs but have become job creators, Union minister Piyush Goyal has said. He was addressing a meeting Saturday night of the residents of Adarsh Welfare Association in Malad suburb of North Mumbai Lok Sabha constituency, from where he is contesting as a BJP candidate. BJP's incumbent North Mumbai Lok Sabha member Gopal Shetty also addressed the meeting and requested the housing complex members to vote for Goyal. Today's young men and women don't run after government jobs (but) with their talents become job creators. Today's youth are taking the country forward with new experiments and innovation, Goyal said. In the last 10 years, PM Narendra Modi took strong steps to strengthen India's economy. He attempted to bring in good governance in all areas. He brought in many schemes for the welfare of the poor, the Commerce and Industry minister said. PM Modi worked to bring India from the five fragile economies to the top five economies, the ministe

Odisha govt approves seven key projects with Rs 80,125 crore investment

The Odisha government has approved seven key projects with an investment of Rs 80,125 crore in different sectors, an official said. The projects received the state government's nod at a High-Level Clearance Authority (HLCA) meeting chaired by Chief Minister Naveen Patnaik on Thursday. These investments are expected to create job opportunities for 24,552 people in various sectors, including steel, green energy, pharmaceuticals, and chemicals, the official said. These projects are spread over Khurda, Jagatsinghpur, Jharsuguda, Ganjam, and Bhadrak districts, he said. Granules Life Sciences Private Limited, a leading producer of paracetamol in India, has proposed to set up its pharmaceutical unit at Tata SEZ, Gopalpur in Ganjam district. The company aims to produce 4 billion units of paracetamol, metformin, ibuprofen and other pharma products, for which it will pump in Rs 1,100 crore in the Ganjam plant, generating jobs for around 1,500 people. Granules CZRO Private Limited will also

Fresh formal job creation dips to 7-month low in October, shows EPFO data

The share of women also increased marginally to 26.4 per cent (204,408) in October as compared to 25.2 per cent in September

Major IT companies look to freeze intake of freshers this fiscal: Report

Hiring of freshers is likely to decline in the current fiscal as major IT companies look to freeze intake of freshers, according to a report. In its hiring outlook for fresh IT/engineering graduates in the fiscal year 2023-24, TeamLease Digital said that 1.55 lakh freshers are likely to be hired in the IT/Tech sector this fiscal compared to 2.3 lakh freshers in the previous financial year. With approximately 1.5 million engineering graduates actively seeking IT/Tech roles, muted market sentiments and intensified skills evaluation mechanisms have created a turbulent landscape, it added. The report is based on secondary sources, including news reports and company reports, it said. As major IT companies freeze fresher intake, alternate sectors are opening up demand. Other segments, including Global Capability Centers (GCCs) and non-tech sectors like banking, financial services and insurance (BFSI), communication, media and technology, retail and consumer business, life sciences and .

Apprentice skilling in IT/BFSI industry to create 5 mn jobs by 2025: Report

IT/ITES sector likely to pay between Rs 11,000 and Rs 75,000 to young apprentices

We are not going back to licence raj, says FM Nirmala Sitharaman

In an exclusive interview, Sitharaman says focus is on sunrise sectors, job creation

274,000 posts vacant in Railways, over 170,000 in safety category: RTI

More than 2.74 lakh posts in the Railways are lying vacant as of this month, with over 1.7 lakh of them in the safety category alone, the national transporter has said in response to an RTI query. In its reply to the questions filed by Chandra Shekhar Gaur, a Madhya Pradesh-based Right to Information (RTI) Act activist, the Railways said 2,74,580 posts are vacant in Group C category, including Level 1 or entry-level staff. This includes 1,77,924 vacancies in the safety category, it said. "The total number of non-gazetted posts vacant i.e. Group-C (including Level-1) in Indian Railways, as available in this office, as on 01.06.2023 (provisional) is: 2,74,580," the ministry said. On the safety category, it said there are more than 9.82 lakh posts of which over 8.04 lakh are filled. "Total number of sanctioned, on roll and vacant posts in safety category of Group-C (including Level-1) in Indian Railways, as available in this office, as on 01.06.2023 (provisional) are: 9,82,037, 8,04

Formal job creation up second year on trot, hits 4-yr high, shows EPFO data

Share of women among new subscribers grows to 26% in FY23 from 21% in FY19; share of young people (18-28 age group) getting formal jobs has risen to 66.5% in FY23 from 62.1% in FY21

PM Modi addresses Rozgar Mela, distributes 71,000 appointment letters

Recalling the difficulties faced in the recruitment process, the Prime Minister said that the SSB earlier took nearly 15-18 months to onboard the new recruits, whereas today it takes only 6-8 months

Start-up registrations near 100K-mark, no. of new ventures up since Covid

Top 5 sectors, including IT services, and health care, account for third of registered start-ups

Formal job creation in India rose in November after October lows: MoSPI

Between September 2017 and November 2022, 6.09 crore new subscribers joined the EPF scheme

PM National Apprenticeship Mela to be held in 197 districts of India

Aiming to boost career opportunities for India's youth under Skill India Mission, the MSDE will hold the Pradhan Mantri National Apprenticeship Mela on Dec 12, across 197 locations in 25 states and UT

MP govt focuses on investment, developing industrial infra to generate jobs

The Department of Micro, Small and Medium Enterprises (MSMEs) has decided to offer MSMEs and start-ups training in marketing, and financial support

Focus on job creation, capex boost, tax measures in Budget: Industry to FM

Employment-linked incentive scheme for services sector suggested

New formal job creation fell again in September, shows payroll data

The number of fresh formal jobs created fell for the second consecutive month in September, declining 9 per cent sequentially to 930,000

TRS working president K T Rama Rao attacks NDA govt 'Rozgar Mela'

Stepping up his attack on the NDA government at the Centre, ruling TRS working president in Telangana K T Rama Rao on Tuesday alleged that the Centre's recent 'Rozgar Mela' (an online job fair) is a cruel joke on the unemployed youth. Saying that this new drama has been unveiled before elections in Gujarat and Himachal Pradesh, Rama Rao, son of Chief Minister K Chandrasekhar Rao, claimed that Prime Minister Narendra Modi gave an assurance that two crore jobs would be filled every year. In an open letter to Modi, Rama Rao asked if a White Paper would be released on the number of jobs filled by the BJP government in the past eight years. The TRS working president said the Telangana government has filled 1.50 lakh government jobs and has initiated the process of filling 91,000 more. Besides, 16.5 lakh jobs, employment opportunities were provided in the private sector. This was done in the State with a 3.5 crore population, he said. Meanwhile, State BJP president and MP Bandi Sanjay

PM has constantly sought to create new avenues for jobs: Jitendra Singh

Union Minister Jitendra Singh on Saturday said Prime Minister Narendra Modi has constantly sought to create new avenues and opportunities for livelihood, government jobs and income for the country's youth. He said that right from the beginning the prime minister has given the highest priority to the issues and concerns related to the youth. The prime minister has constantly sought to create new avenues and opportunities for livelihood, government jobs and income for the youth, said Singh, the Minister of State for Personnel. In his welcome address at a Rozgar Mela at the Institute of Secretariat Training and Management (ISTM) here, he said that very soon his department will come out with the next instalment of appointment letters to meet the target of 10 lakh government jobs in the next few months. Prime Minister Modi on Saturday launched Rozgar Mela -- the recruitment drive for 10 lakh personnel -- via video conferencing. During the ceremony, appointment letters were handed over

Myntra creates 16,000 jobs to cater to surge in festive season demand

The ramp-up includes the addition of over 6,300 personnel to fulfil demand across first- and mid-mile delivery and 3,000 personnel to cater to last-mile delivery

Job creation, wealth distribution priority over inflation: FM Sitharaman

The finance minister said if India and the United States joined efforts in growing their respective economies, they might be the engines of global growth within the next two decades