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.
According to the projections by AON, the manufacturing sector could lead the hike with 10.1 per cent, followed by life sciences, and financial institutions with a 9.9 per cent hike each
According to talent management firm Randstad, there is a 20-25 per cent lateral movement of talent from IT firms to GCCs across sectors due to several factors that extend beyond salaries
Government says the trend is a result of its welfare and easy credit programmes
The ministry will formally notify lawmakers of the MOU and hold follow-up meetings with Indian officials, according to the statement
The paper also noted that the gap in rural wages between formal salaried workers and casual workers also decreased due to the employment guarantee scheme
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The scheme will be operational for two years and Rs 672 crore will be spent from the state's coffers
Contract workers are employed by an industrial establishment through contractual agreements for a specified period or task
He said the share of women in new appointments in Rojgar Melas had gone up to 18-20 per cent compared to the 7-8 per cent share in the appointments made by the previous government
Hotels' Association of India (HAI) on Monday said the hospitality and tourism sector expects to create 50 million direct and indirect jobs in the next 5-7 years but government support is required for getting the full industry and infrastructure status in states to tap the employment potential. The infrastructure status for the hospitality sector can push up investments not only to create accommodation, but also in the process boost income and employment generation, HAI President Puneet Chhatwal said while speaking here at the 6th HAI Hoteliers' Conclave. Chhatwal, who is also the Managing Director and CEO of Indian Hotels Company Ltd, said while tourism is a pillar of development creating about 10 per cent of the total employment and contributing 8 per cent to GDP with a huge multiplier effect that can help inclusive growth, "there is often a gap between this realisation and the actual policy implementation". Addressing a press conference, HAI Vice-President K B Kachru said in the .
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 ...
Expect employment opportunities to drive consumption
Decline in regular wage employment in general category led to an increase in self-employment and casual work
Deepak Chem Tech, a wholly-owned subsidiary of Deepak Nitrite, on Wednesday said it has inked an agreement with the Gujarat government to invest around Rs 9,000 crore to establish projects at Dahej. Under the memorandum of understanding, the company will invest Rs 9,000 crore to set up units to manufacture chemicals at Dahej, expected to commence operations in 2027, Deepak Chem Tech (formerly Deepak Clean Tech) said in a regulatory filing. This investment is likely to create about 1,300 direct and indirect employment opportunities, it added. Earlier, the company had expressed its intention to invest around Rs 9,000 crore during Vibrant Gujarat Global Summit 2024 held on January 10-12. The proposed investment will help the country reduce its imports, the company said.
Debashis Chatterjee, director, IIM-K, said that they recognise a downturn in the market, but there is no panic in the institute because there was a steady absorption of its students
Employees with disabilities being groomed for managerial roles, able-bodied workforce sensitised and trained in sign language
Prime Minister Narendra Modi asserted on Thursday that his government took the country out of the darkness staring at youngsters 10-12 years back, as he told young voters that their votes will decide India's future direction and approach. In a virtual address to young voters organised by the youth wing of the ruling BJP, he said they have the responsibility of making the country developed in the next 25 years in the same way the young generation during the 25 years before Independence had for its freedom. Taking a swipe at opposition parties, Modi said the youth is against corruption and "parivarwaad" (nepotism), adding that family-run parties never allow other youngsters to move ahead. "The mindset of leaders of these parties is anti-youth. You have to defeat these family parties with the strength of your votes," he said. The circumstances prevailing in the country 10-12 years back had made the future of youngsters dark, he said, asserting that things have changed now. The countr
Union minister Rajeev Chandrasekhar on Friday said the government has been focusing on skill development of youths to make them ready for jobs and they should grab the opportunity. Before 2014, out of the 42 crore workers of the country, 31 crore used to go for work without skill and education and skill but now the scenario has been drastically changed following launching of Skill India in 2015, Chandrasekhar said. The minister of state for skill development and entrepreneurship was speaking at a Kushal Bharat Viksit Bharat' programme at Town Hall here. "Prime Minister Narendra Modi has changed the 65-years of disadvantage of our young workforce by skilling and upskilling them," he said. Chandrasekhar said the country was among the fifth fragile economies in the world before 2014 and now it is among the top five economies. "It is the new India. The youths will get a lot of opportunities if they have skill and education. We are focusing on skill development of the youth of the coun
According to the research, 42 per cent of working professionals identify a desire for better work-life balance as a reason for changing jobs