Page 16 - Employment In India

Bihar govt announces new scheme for unemployed minority community youths

The Bihar government on Monday announced the launch of 'Mukhyamantri Alpsankhyak Udyami Yojna' for unemployed youths from the minority community. The decision was taken at a cabinet meeting chaired by Chief Minister Nitish Kumar here following a proposal by the industry department. Talking to reporters, S. Siddhartha, additional chief secretary (cabinet secretariat), said, "With an aim to promote industrial development and generate employment among unemployed minority youths, the cabinet decided to launch 'Mukhyamantri Alpsankhyak (minority) Udyami Yojna (MAUY). The scheme will be implemented on almost similar lines of the existing Mukhyamantri SC/ST/EBC Udyami Yojana, Mukhyamantri Mahila Udyami Yojna (MMUY) and the Mukhyamantri Yuva Udyami Yojana (MYUY)." "Under this scheme, the Bihar government will provide Rs 10 lakh to an unemployed minority woman or man to start a new industry. Of Rs 10 lakh, Rs 5 lakh would be subsidy, while the rest would be loan, to be returned in ...

PM Modi to distribute 51,000 appointment letters virtually at Rozgar Mela

Newly inducted appointees to also train themselves through online module 'Karmayogi Prarambh'

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

The drop can largely be attributed to global macroeconomic headwinds

Assam CM rolls out financial aid scheme to help youths set up business

In a move to fuel growth through self-employment, Assam Chief Minister Himanta Biswa Sarma on Saturday launched a scheme to help youths set up their own ventures. At a function here, Sarma rolled out the Chief Minister's Atmanirbhar Asom Abhijan 2023. He also launched a registration portal for the scheme. Under the programme, financial aid will be given to two lakh youths for creating a robust entrepreneurial ecosystem, he added. Speaking on the occasion, Sarma said, "The scheme has been designed to create self-employment avenues to enable the youths to fuel development of the state. It has the potential to strengthen rural economy." He said that the unemployed degree holders in the fields of engineering, medicine, agriculture, animal husbandry and fishery will be kept in the first category and will be given Rs 5 lakh. "On the other hand, unemployed postgraduates, general graduates, ITI, polytechnic passouts will be kept in the second category for government assistance of Rs 2 lak

Big 'M' index: How moms-in-law may influence married women's job prospects

The report said the presence of a mother-in-law in a household may influence a woman's employment status in two different ways

Employment jumped post-Covid but 2 in 5 young graduates still have no jobs

The workforce participation rate of females has improved in the last five years, especially in rural areas. But this is not due to the rise in the number of jobs but self-employment

Best of BS Opinion: Banking investments, India's double brain drain & more

Here is the best of Business Standard's opinion pieces for today

Centre launches Skill India Digital platform, to benefit 260 mn students

The SID platform is a comprehensive digital platform aimed at synergizing and transforming the skills, education, employment, and entrepreneurship ecosystem in India

Rajasthan govt plans online training to make youngsters job-ready

The RSLDC is mandated to implement short-term skill development programmes in the state

G20: Skill-based migration pathways to spur formalisation of workforce

To prepare for the future of work, the leaders of the world's top economies at the G20 summit on Saturday recognised that the movement of skilled professionals benefits both the origin and destination

Punjab sees fivefold rise in study loans; statistics indicate exodus

Experts told Mint that the difficult job market in Punjab has led to young individuals seeking opportunities abroad

MGNREGS work demand increases 20% on low August rains, shows data

This does not include the COVID-impacted years of 2020-21 and 2021-22 when work demand for August was higher

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

Employment increased during Modi govt's nine years: Minister Jitendra Singh

Union Minister of State for Personnel Jitendra Singh on Monday said employment has increased in the last nine years of the Modi government, during which nine lakh jobs were given to the country's youth. Addressing Rozgar Mela here, he said one of the biggest achievements of Prime Minister Narendra Modi's tenure was that a large number of government jobs have been provided. "Not only the jobs have been generated, but you (prime minister) have generated awareness among the youth that employment is not only (about) government jobs," Singh said, addressing the event presided over by Modi. "At times, questions are raised what is the difference between then and now," he said, referring to employment generation between the Congress-led United Progressive Alliance (UPA) and the BJP's National Democratic Alliance (NDA) regime. Singh said during the UPA's first nine years -- that is 2004 to 2013 -- six lakh jobs were given, whereas under the Modi government, nine lakh jobs have been provided

Tourism expected to create 130-140 mn jobs by 2030: PM Modi at Rozgar Mela

Addressing the 'Rozgar Mela', PM Modi said India is set to emerge among the top three economies in the world in this decade and bring benefits to the common man

PM Modi to distribute over 51,000 appointment letters at Rozgar Mela today

The PM will launch the 8th edition of Rozgar Mela and deliver his address virtually across 45 locations in the country, his office said in a statement

Employment in India registered V-shaped recovery post-pandemic: Former CEA

Krishnamurthy V Subramanian also called to cease the use of CMIE data on employment in India till the flaws in its survey methodology are fixed

Karnataka govt, Foxconn sign Letter of Intent for two marquee projects

The Karnataka government on Wednesday said it has signed a Letter of Intent (LoI) with Foxconn, a major iPhone assembler for tech giant Apple, to undertake two marquee projects in the state with an estimated investment worth Rs 5,000 crore. The projects would create employment opportunities for 13,000 people in the state, it said. The signing ceremony took place between a high-level delegation of the Government of Karnataka and Foxconn in Chennai recently, where Large and Medium Industries and Infrastructure Development Minister M B Patil and Minister for IT and BT, Rural Development and Panchayat Raj Priyank Kharge along with senior officials met Foxconn Chairman Young Liu and other executives of the company. The two projects are: phone enclosure project under which the Foxconn subsidiary plans to invest USD 350 million (Rs 3,000 crore) with employment opportunities for 12,000 people, and semicon equipment project in collaboration with Applied Materials with a projected investment

Only 45% of India's graduate jobseekers are employable, says study

The study suggests that finding candidates with high employability in non-technical skills is easier than finding candidates with high job readiness for technical skills

Teleperformance aims to hire 60,000 people in India in the next 2 years

This expansion would take the total employee strength to 150,000 from about 90,000 employees in India as of today