Page 2 - Employment Growth

Tata's chip plants to serve all sectors, generate 72k jobs: Chandrasekaran

Tata Electronics plants will gradually serve all sectors in a phased manner by supplying chips and generate around 72,000 jobs over the years, Tata Sons Chairman N Chandrasekaran said here. While speaking on the sidelines of the groundbreaking ceremony of Tata Electronics' Rs 91,000 crore chip manufacturing plant and Rs 27,000 crore chip assembly facility in Assam, Chandrasekaran said there will be the expansion of projects but only after the company cross the early milestones. He said Tata Electronics chips will cater to the requirements of various sectors, including automotive, power, electronics, consumer, and medical, among others. "There is a whole range of sectors, which have a need for chips in this sector. Obviously, we can't produce all form factors on Day 1. It will happen in stages, but we will be serving all sectors," Chandrasekaran said. Tata's chip plant is capable of producing wafers in 28 nanometers (nm) to 110 nanometer nodes, the chairman noted. High-tech gadget

No of educated jobless youth soar 7 times in Assam in 2022: Eco Survey

The latest Economic Survey Assam has stated that nearly 10 lakh fresh educated youths have registered in employment exchanges in the state in 2022 compared to just 1.4 lakh in the previous year. Terming it a huge challenge before the state, the Economic Survey, Assam for 2023-24 stated that the size of the educated job seekers is considerably high with new registration jumping by a whopping over seven times in just a single year. "From the records of the live register of Employment Exchanges, the registered educated job seekers stood at 9,83,093 in 2022 as against 1,37,865 during 2021," it added. The report, which was tabled in the Assam Assembly during the Budget Session this month, stressed that the number of educated job seekers has increased at all levels of education in 2022 over 2021. It said that the overall number of educated job seekers stood at 18,05,441 as per registrations at Employment Exchanges in 2021 as against 17,46,671 during 2020, thereby showing an increase of 3

Odisha approves 27 new industrial projects worth Rs 6,134 crore

The Odisha government has approved 27 new industrial projects to the tune of Rs 6,134 crore across sectors, a senior official said on Saturday. The proposals got the state government's nod at a meeting chaired by Chief Secretary P K Jena on Friday. The potential sectors include aluminium, renewable power, manufacturing, aerospace and defence, food processing, apparel and textiles and IT infrastructure, the official said. The proposed projects are likely to create employment for 42,275 people, Jena said.

How to make your resume stand out in the AI era? Here's what you can do

In this AI era, employees across the world are leveraging new techniques to upgrade their resumes. Here's how you can stand out your resume in this digital era

Congress stands for Jal-Jungle-Jamin of tribal people, says Rahul Gandhi

Congress leader Rahul Gandhi on Sunday said that his party stood for 'Jal-Jungle-Jamin' (water, forest and land) of tribal people and employment of youths. Gandhi was speaking during a roadshow in Jharkhand's Dhanbad district, as part of his 'Bharat Jodo Nyay Yatra'. After a night halt in Tundi block of the district on Saturday, the yatra resumed at Govindpur in Dhanbad city on Sunday, the third day of his yatra in Jharkhand. The main objective of the yatra is to save public sector units from being sold to private parties, and ensure justice to employed youths and tribal of the country, Gandhi said. "Congress party stands for the Jal-Jungle-Jamin of the tribal people and work for education and employment of youths. Economic imbalance, demonetisation, GST and unemployment have ruined the future of youths in the country," he said. Jharkhand Congress vice-president Brajendra Prasad Singh said the yatra which started from Govindpur, passed through Saraidhela, IIT-ISM gate, Randhir Ver

Centre releases advisories, surveys to boost female workforce participation

Key recommendations from the central government's advisories include promoting women in leadership and management roles, crafting gender-neutral job advertisements, among others

LinkedIn COO shares tips to get a job in the age of Artificial intelligence

Daniel Shapero, LinkedIn's COO, shared his tips about getting jobs in the era of AI. Here's the advice he has for you

Odisha clears 14 industrial projects worth Rs 1,713 cr to boost employment

The Odisha government has approved 14 industrial projects that would involve investments of Rs 1,713.65 crore and create employment opportunities for more than 5,000 people, officials said on Thursday. The State Level Single Window Clearance Authority (SLSWCA) headed by Chief Secretary Pradeep Kumar Jena on Wednesday approved the projects spanning sectors such as metal downstream and ancillaries, power, pharmaceuticals, plastics, food processing and tourism. The government has cleared a Rs 628.00 crore investment proposal of Anand Exports. It also cleared a proposal of Mahindra Holidays and Resorts India Ltd to set up a luxury resort at Sonapur beach in Ganjam district at an investment of Rs 228.45 crore, officials said. The proposal of Jindal Stainless Ltd for setting up a roof-top solar power plant in Jajpur district at a cost of Rs 110.24 crore was also approved by the SLSWCA. The government also approved the proposal of TS Beach Resorts Pvt Ltd to set up a convention centre al

As interest rates rise, zombie companies haunt India Inc

The waters are rising for firms whose earnings are not enough to repay debt

Blue-collar workforce in India saw 7% rise in hiring in 2023: Indeed report

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

Centre recruits nearly 700,000 in 11 'rojgar melas' during Oct 22-Nov 23

Santosh Mehrotra, visiting professor, University of Bath, says recruiting close to 300,000 people in less than a month is highly unlikely as the process can be a long-drawn process

Himachal govt launches Rs 680 cr job scheme linked with green initiatives

Unemployed Himachali youth above the age of 23 years will be given a 50 per cent subsidy on loans to purchase e-taxis and e-buses with no collateral guarantee under a state government scheme to generate employment and promote green initiatives. In case the cost of the e-taxi is Rs 20-lakh, a subsidy of Rs 10 lakh will be provided, and these e-taxis would be attached to various government departments. A monthly income of about Rs 40 thousand will be ensured, Chief Minister Sukhvinder Singh Sukhu said on Monday. Launching the e-taxi scheme under the first phase of Rs 680 crore Rajiv Gandhi Self-Employment Start-up Yojna and a website of the Transport Department to facilitate online registration, he said the scheme for the youth was one of the key promises made in the Pratigya Patra of the Congress Party. In a statement issued here, he said that 500 permits would be issued in the first phase, and the number of permits will be increased as per the demand in the near future. The governm

India needs 8%-8.5% growth to create enough jobs, says Raghuram Rajan

While India's expansion has outpaced that of other major economies, the country isn't creating enough jobs for the millions of people joining the workforce every year

PM Modi to distribute over 51,000 appointment letters to recruits on Oct 28

Prime Minister Narendra Modi will distribute more than 51,000 appointment letters to recruits on Saturday as part of the government's Rozgar Mela drive and also address them though video-conferencing. Rozgar Mela will be held at 37 locations across the country. A statement said recruitments are taking place across central government departments as well as in those states and Union Territories supporting this initiative. The recruits selected from across the country will be joining a host of departments, including railways, posts, home affairs, revenue, higher education, school education and literacy, health and family welfare among others. The statement said the Rozgar Mela is a step towards fulfilment the prime minister's commitment to accord highest priority to employment generation and is expected to act as a catalyst in further employment generation and provide meaningful opportunities to the youth for their empowerment and participation in national development.

Bihar Employment Fair: Everything you need to know about companies coming

Bihar's biggest job fair till date is being held today, on Oct 19, 2023. As per the data received, this job fair is to provide employment to jobless youth and a camp will be set up in Jamui

K'taka urges Centre to increase employment days to 150 under MGNREGS

Karnataka Revenue Minister Krishna Byre Gowda on Monday said the state government has appealed to the Centre to increase the employment days under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) from 100 days to 150 days in view of severe drought prevailing in the state. Addressing reporters, Gowda said the Central team recently visited the state to inspect the drought situation. The state government has demanded that the Union government should release approximately Rs 475 crore, which has not been paid to the labourers who were employed under the MGNREGS. Those who work as labourers are leading their lives in extreme poverty, the minister said, and added that we will be putting them in further distress by not paying them. Regarding increasing the employment days in the distress year, Gowda said there is a provision in the law that a labourer should get a job for 150 days instead of 100 days during drought. So, the state government sent a request letter to

Learn local language to serve better: FM Sitharaman at Rozgar Mela

Candidates getting selected for jobs and deployed in other states as per the job profile should learn the local language to be able to provide better services, Union Finance and Corporate Affairs Minister Nirmala Sitharaman said here on Tuesday. Sitharaman, after handing over orders to successful candidates at the Rozgar Mela, encouraged more candidates to apply for jobs in public sector undertakings located in Tamil Nadu. Referring to the Centre's Rozgar Mela, Sitharaman said the government has been holding it since October 2022 and about 10 lakh people have received job offers so far. "Today 51,000 appointment orders are being given across the country by Prime Minister (Narendra Modi) virtually. I was told 553 people are getting job offers from Tamil Nadu," she said. Speaking of improving the delivery of services to be rendered by the candidates post their selection at a public sector undertaking or bank, Sitharaman said, "If a job offer is given to a candidate who will be servin

Demand for frontline jobs decreased by 17.5% in FY23, shows data

The drop can largely be attributed to global macroeconomic headwinds

Jobs more likely to be augmented than destroyed with Gen AI: ILO D-G

The latest ILO data highlights India's significant progress in enhancing social protection, says Gilbert F Houngbo, director-general, ILO

7.58 million benefit from ARBY employment scheme, exceeding initial goal

The Aatmanirbhar Bharat Rozgar Yojana (ABRY) was launched in October 2020 to incentivise employers to create more jobs