Urban Employment

Seven states, including Karnataka and Maharashtra, have come up with dedicated policies to facilitate establishment of 1,380 Global Capability Centres (GCCs) with a target to create an additional 12 lakh jobs by 2031, according to CBRE. Real estate consultant CBRE on Friday released a report 'The Policy Advantage: Powering India's GCC Growth'. As per the report, seven states -- Karnataka, Maharashtra, Rajasthan, Gujarat, Kerala, Haryana and Madhya Pradesh -- are targeting setting up of around 1,380 GCCs in their states with a cumulative target of creating about 1.18 million jobs by 2031. "The speed at which state governments have moved to formalise dedicated GCC policies is unprecedented in India's commercial real estate landscape," said Anshuman Magazine, Chairman & CEO - India, South-East Asia, Middle East & Africa, CBRE. "This reflects a broader recognition that these centres are no longer a peripheral component of India's services economy, but a central pillar that states .

Today's opinions examine India's ethanol-blending policy, urban employment trends, MGNREGA reforms, energy security after the Strait of Hormuz disruptions, and Project Cheetah

Meanwhile, the number of establishments in the sector rose to 79.7 million from 79.42 million during the corresponding period

China's annual NPC highlighted a focus on keeping urban unemployment at 5.5%, creating 12 million new urban jobs, and advancing emerging tech in 2025

Meanwhile, available funds for the scheme seems to be falling short of the expenditure and as on March 3, a negative net balance of Rs 18,681.24 crore is reflected in the books

AI will augment jobs rather than replace them, say experts at BS Manthan, highlighting the need for upskilling and policy support to maximise productivity and employment growth

The unemployment rate for people aged 15 years and above in urban areas dipped to 6.4 per cent in the July-September quarter, according to the National Sample Survey Survey (NSSO). Joblessness, or unemployment rate, is defined as the percentage of unemployed people in the labour force. The unemployment rate in the September quarter of FY24 was 6.6 per cent. The unemployment rate for people aged 15 years and above in the previous April-June quarter of FY25 was 6.6 per cent in urban areas, the 24th Periodic Labour Force Survey (PLFS) showed. The unemployment rate among females (aged 15 years and above) in urban areas declined to 8.4 per cent in July-September 2024 from 8.6 per cent in the same quarter a year ago. The rate was 9 per cent in April-June, 2024. Among males, the unemployment rate in urban areas declined to 5.7 per cent in July-September 2024 from 6 per cent in the same quarter a year ago. The rate was 5.8 per cent in April-June 2024. Labour force participation rate in .

Calling Karnataka the "innovation and skilling capital of the country," he also highlighted the various centres for animations, visual effects etc., which have been set up in the state

In contrast, the female unemployment rate increased to 9 per cent in Q1 FY25 from 8.5 per cent in Q4 FY24

Prime Minister Narendra Modi's BJP, widely expected to return to power for a third straight term, had promised to create more jobs when elected in 2014

About a third of China's urban population is estimated to be at risk due to land subsidence, shows a new finding which researchers said is indicative of a global phenomenon. China's urban area below the sea level could triple by 2120, potentially affecting 55 to 128 million residents, it found. Using satellite data, the research team studied 82 cities, including Shanghai and Beijing, with a collective population of nearly 700 million people. The team, including researchers from the University of East Anglia, UK, found that 45 per cent of the urban land area analysed was sinking, with 16 per cent sinking at the rate of 10 millimetres a year. Hotspots included Beijing and the coastal city of Tianjin, they said. The study estimated that 270 million urban residents could be affected, with nearly 70 million experiencing rapid subsidence of 10 millimetres a year or more. The findings are published in the journal 'Science'. Caused mainly by human activities in cities, land sinking can a

Women dominated the household unpaid category while it was own-account for men within self-employment

Delhi Lieutenant Governor V K Saxena has ordered the termination of two non-official members of DUSIB who were serving as expert members without any requisite qualification in urban planning, Raj Niwas officials said on Thursday. Saxena issued the directions in the exercise of his powers under section 4(2) of the DUSIB Act, 2010, they added. However, the Delhi government later issued a statement saying the appointment of Delhi Urban Shelter Improvement Board (DUSIB) members lies in the domain of the elected government and not the LG. Raj Niwas officials earlier said that of the two officers whose services were ordered to be terminated, one has been serving as an expert member of DUSIB for nine years while the other was appointed as a non-official member on March 9, 2022. Both were drawing hefty remunerations in contravention of the law, they added. Saxena also sought a panel of fresh names for expert members who fulfil the requisite qualifications within a week, an official said.

The ministry will formally notify lawmakers of the MOU and hold follow-up meetings with Indian officials, according to the statement

Prime Minister Narendra Modi will distribute appointment letters through video conferencing to newly recruited individuals of Andaman and Nicobar Islands at a 'Rozgar Mela' (employment fair) to be held here on February 12, an official said. All the selected candidates have been informed that offer of appointment orders will be issued during the 'Rozgar Mela' scheduled to be held on February 12 and they were requested to be present at the Netaji Stadium, the official said. "A Rozgar Mela (employment fair) is scheduled to be held on February 12 at Netaji Stadium in Port Blair. All selected candidates to various Group C posts (lists issued by the local administration on January 24 and February 6, 2024) will be given their appointment letters", he said. A total of 2,721 people will be given appointment letters in the mela, the official said. Union Minister of State (Commerce and Industry) Som Prakash will be the chief guest and the Lieutenant Governor and Vice Chairman of Islands ...

Indeed, a global hiring and matching platform, surveyed 1,223 employers, 2,671 blue-collar jobseekers, and 2637 white-collar jobseekers

The National Career Service (NCS) portal registered the highest vacancies during 2022-23 with nearly 35.7 lakh vacancies having been reported by employers on it, compared to 13 lakh vacancies

Fewer distress-induced job transitions occurred in Q2CY2021, and only around 20 per cent of salaried and self-employed workers transitioned either into casual-wage work or exited the labour force

We see a fairly remarkable improvement in the Indian consumer sentiments during the first 10 weeks of 2023

There was a marginal improvement in India's labour participation rate to 39.92% in February compared to 39.8% in January 2023