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Generative AI has rapidly transitioned from a mere buzzword to a critical business imperative for Indian organisations, with most business leaders in India prioritising AI adoption, says a report. However, a significant challenge remains: finding professionals with the right AI and related skills to unlock the technology's full potential, a report by professional networking platform LinkedIn has revealed. "Around 54 per cent of HR professionals in India report that only half, or fewer, of the job applications they receive meet all required and preferred qualifications. Finding candidates with the right technical (61 per cent) and soft skills (57 per cent) remains their biggest hiring challenge. "The hardest-to-find skills in India include technical/IT skills such as software development, engineering (44 per cent), AI skills (34 per cent) and soft skills like communication and problem-solving (33 per cent)," the report said. This scarcity of qualified candidates is forcing companies
Social impact organisation Grameen Foundation India on Wednesday made a case for increasing and diversifying revenue or remuneration for business correspondents (BC) agents in India. The Grameen Foundation India (GFI) presented four reports based on their previous work and future recommendations for the industry. Under the report 'Assisted E-commerce and ONDC: A New Revenue Source for BC Agents in India', it highlighted the need for increasing and diversifying the revenue of BC agents in India, who provide financial services to underserved rural populations. Under the 'Gender Mainstreaming in Business Correspondent Network - Grameen's I-CARE Framework', it said that I-CARE Framework will help to develop and share valuable insights on gender mainstreaming within BC networks for organisations working on financial inclusion. Similarly, another report titled 'Women-Friendly Micro-Saving Products' focused on the innovative micro savings products geared towards women and how they can hel
A vast majority of the business leaders believe that the Production Linked Incentive (PLI) schemes have been beneficial and expect an extension to other sectors in the coming years, a Deloitte Survey said on Friday. An overwhelming number of survey respondents hope the budget will fuel growth across industries by building strong domestic demand and focussing on capital expenditure and believe that it would define the 'Amrit Kaal'. "Critical to this growth will be the pace of capital expenditure, infrastructure development, and the need to boost infrastructure financing through private partnership. 60 per cent of respondents suggested raising funds through Indian Government Bonds," the survey said. The survey aimed to analyse the industry expectations from the upcoming budget, from the standpoint of economic growth, trade agreements and exports. A total of 181 responses were collated from the survey, across 10 industries. More than 70 per cent of respondents agree that various PLI .