According to an industry executive, attrition is likely to reach pre-Covid levels of 17-20 per cent as employees switch jobs.
A joint working group will be set up to follow up the implementation of this MOC
Annual report on UK companies says retrospective amendment to India's Income Tax Act is a dampener.
Nirmit Parikh went undercover as a factory hand in Ahmedabad for a few days before the lockdown, to understand the ground realities of grey and blue-collar workers
If they are unable to reskill within a fixed period of time, they will have to return the money given to them by the government
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He also stressed the role of productivity in the transformation of any organisation
The new scheme should help create durable assets in rural India
The executive action is also expected to suspend H-2B visas for seasonal workers such as hotel and construction staff, J-1 visas, which are meant for research scholars and professors
Trump issued an executive order last month that blocked certain immigrants from obtaining permanent residence
The industry should also strive to work towards the skilling of employees at all levels, CII quoted her as saying in a statement
The findings are in line with previous data from the CMIE and others, which showed that more than 100 million Indians have lost their jobs since March 25
57 per cent of organisations in India expect a "moderate-to-large" negative impact on their business in the next six months, says Wills Towers Watson survey
The symbiotic relationship between migrant workers and the economy must be acknowledged when the lockdown ends
The Migration Advisory Committee called for the current salary threshold of 30,000 pounds on such workers, a large chunk of whom are Indians, to be cut down to 25,600 pounds
Indians accounted for 53,575 skilled work visas in 2016 and followed by US nationals at 9,348
UK has informed that the changes are not targeted at any particular country