Page 3 - Employment In India

India must grow twice as fast to avoid jobs trap, warns Morgan Stanley

The South Asian nation's labour market is facing a dual challenge of unemployment and underemployment, Morgan Stanley economists led by Chetan Ahya wrote in a note

India's jobless rate at 4-month low of 5.1% in August, shows PLFS data

The headline unemployment rate for people of age 15 and above in the current weekly status (CWS) terms for rural areas fell further to 4.3 per cent in August

India's jobless rate at 2% as per WEF, lowest among G20 nations: Mandaviya

India's unemployment rate of 2 per cent according to World Economic Forum is the lowest among G20 nations, Union Labour & Employment Minister Mansukh Mandaviya said on Monday. The minister highlighted how employment generation has taken place across sectors in tandem with India's rapid economic growth and underlined the schemes, including Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY) that have contributed towards the same. He was addressing a gathering at the signing of MoUs between the ministry and digital mentorship platform Mentor Together' and classifieds online site Quikr' for enhancing employment opportunities as well as youth employability on the National Career Service (NCS) portal. Mandaviya said that these partnerships would make suitable employment opportunities as well as structured mentoring available to jobseekers, particularly in light of PM-VBRY coming into effect in August this year. Under PM-VBRY, Rs 99,446 crore is allocated towards incentivising the ...

Congress says MGNREGA underfunded for 11 years, demands ₹400 daily wage

The Congress on Friday alleged that MGNREGA has been "chronically underfunded" by the Modi government, making a "mockery" of the scheme's demand-driven vision, and reiterated its demand of significant budget enhancement and a minimum wage of Rs 400 per day to kickstart real income growth. Congress general secretary in-charge of communications Jairam Ramesh asserted that Friday marked the twentieth anniversary of MGNREGA formally becoming a law. "On a day when we should recall the many achievements of the world's largest social welfare scheme, we must instead grapple with the scheme's very uncertain future under this government," Ramesh said on X. The finance ministry's regulations prohibit government schemes from spending more than 60 per cent of the budgeted expenditure in the first half of the financial year, he said. "The ministry has blown through 60 per cent of its budget within five months itself, leaving a question mark on what the future holds for crores of India's rural ..

Diageo India partners with THSC to train 300 youth for different roles

Alcohol beverage company Diageo India on Thursday said it has inked an agreement with the Tourism and Hospitality Skill Council (THSC) to train 300 students under its 'Learning for Life' programme for roles in the hospitality, business, and service sectors. The Memorandum of Understanding (MoU) involves classroom-based training programmes to be conducted at THSC-affiliated centres in Bengaluru by certified trainers and assessors. Designed as a short-term skilling initiative for unemployed and underprivileged youth, the curriculum is aligned with the National Skill Qualification Framework (NSQF), covering technical training, communication, digital literacy, and soft skills to prepare candidates for roles in the hospitality, business, and service sectors, with the objective of enhancing employability and bridging industry skill gaps. Diageo India MD and CEO Praveen Someshwar said that the hospitality sector is a vital engine of growth and opportunity. "Through 'Learning for Life' and

Workers in unincorporated sector dip to 128.5 mn in Q1 FY26: Govt survey

The number of workers employed in unincorporated sector enterprises has come down to 12.85 crore in April-June from 13.13 crore in the preceding quarter, according to a government survey released on Wednesday. The National Statistics Office (NSO) released the first Quarterly Bulletin of Unincorporated Sector Enterprises (QBUSE), providing estimates for January-March 2025 and April-June 2025, an official statement said. The QBUSE is the quarterly edition of the Annual Survey of Unincorporated Sector Enterprises (ASUSE), presenting key estimates at more frequent intervals based on the data collected in the quarters in ASUSE, it stated. It explained that the fluctuation in employment estimates during April-June 2025 is mainly linked to reduction in the number of establishments engaging hired workers and a moderate performance of the unincorporated manufacturing sector in the quarter that witnessed the share of employment of the manufacturing sector falling by more than 2 percentage ...

Employment in manufacturing industry up 5.92% at 18.4 mn in FY24: Govt

Employment in industries increased by 5.92 per cent to 1.95 crore in 2023-24 from 1.84 crore in 2022-23, according to the latest Annual Survey of Industries (ASI) released on Wednesday. The Ministry of Statistics and Programme Implementation (MoSPI) has released the results of the Annual Survey of Industries (ASI) for the reference period -- April 2023 to March 2024 -- (i.e. financial year 2023-24) referred to as ASI 2023-24 in a press note. The field work for this survey was carried out from October 2024 to June 2025 for ASI 2023-24. The invested capital in the industries rose to Rs 68,01,329 crore in 2023-24 from Rs 61,39,212 crore in 2022-23, as per the report for 2023-24. The data also showed that the Gross Value Added in the industries increased by 11.9 per cent to Rs 24,58,336 crore in the fiscal under review from Rs 21,97,056 crore in the preceding fiscal. The GVA is defined as the additional value created by the process of production. This is calculated by deducting the va

Govt's focus is on creating maximum job opportunities, says PM Modi

Prime Minister Narendra Modi said on Sunday that his government is focused on creating maximum employment opportunities for the youth. Addressing an event in Ahmedabad via video link, he appealed to youngsters to support the country's efforts to become self-reliant by adopting indigenous products. "We launched Skill India Mission under which crores of youth are being prepared as skilled manpower in different fields. Today, a large part of the world is stuck in the problem of ageing; they need youth, and India has the capacity to provide youth to the world. "If the youth are skilled today, there are several employment possibilities for them. They become self-reliant, this gives them the power," Modi said after inaugurating a girls' hostel in Sardardham Phase-11 in Ahmedabad. He hailed the society's support in the progress of daughters. He said the Central government has introduced several changes to the education system through the new National Education Policy, with the biggest ..

BFSI sector to add 250K jobs by 2030, focus on tier II, III cities: Report

India's BFSI sector is set for robust growth, with hiring projected to rise 8.7 per cent in 2025-26 and touch 10 per cent by 2030, creating nearly 2.5 lakh permanent jobs, a report said on Thursday. This growth in the Banking, Financial Services, and Insurance (BFSI) sector is being driven by rising demand in tier II and III cities, marking a clear shift from metro-centric recruitment. "The heartland of India is emerging as a powerful engine of talent demand in the BFSI sector, with nearly 48 per cent of new roles now originating from tier II and III cities," workforce solutions provider Adecco India said in a report. The first half of FY25 saw a 27 per cent increase in hiring activity compared to the corresponding period of the previous year, signalling strong momentum across frontline, digital, and compliance functions, according to the report. Candidates with local language proficiency and grassroots sales experience are now 2.5 times more likely to be shortlisted and command 10

Youth getting first job in private sector to get ₹15,000 support: PM Modi

PM Modi unveils Viksit Bharat Rojgaar Yojana to aid first-time private sector employees and incentivise employers to generate jobs, aiming to benefit 35 million youth

Rajasthan to tap adventure, tribal tourism for job, GVA growth by 2030

The department plans to map the potential of adventure tourism activities such as water-based, air-based, and land-based across the state in consultation with relevant departments

Over ₹44 crore released under MGNREGS so far: Centre tells Lok Sabha

The Centre has released Rs 44,323 crore to states and union territories under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) so far, Rural Development Minister Shivraj Singh Chouhan informed the Lok Sabha on Tuesday. In a written reply, the minister gave the figures of disbursements of wages, material and admin components till July 17, 2025. According to the revelation, the amount disbursed is almost half of the total allocation of Rs 86,000 crore earmarked for the financial year 2025-26. In a written reply to a separate question, MoS Rural Development Kamlesh Paswan said the allocation included full pending wage liabilities and 50 per cent of Material Liabilities of the previous financial year. "Regarding budget allocation for Mahatma Gandhi NREGS it is submitted that, for the financial year 2024-25, budget allocation of Rs. 86,000 crore has been made, which was the highest ever allocation for the scheme at the Budget Estimate (BE) stage since inception. I

Can the employment-linked incentive scheme address India's jobs challenge?

The ELI scheme aims to support employment generation of more than 35 million jobs in two years with an outlay of Rs 1 trillion

India's demographic edge at risk as jobseekers are short on key skills

India has entered a rare demographic window with a young, growing workforce. But without the right jobs and skills, this opportunity could slip away, locking the country into long-term poverty

Festive hiring likely to generate 216,000 seasonal jobs in 2025: Report

India's festive season is expected to generate over 2.16 lakh seasonal jobs in the second half of 2025, marking a 15-20 per cent year-on-year increase in gig and temporary employment, a report said on Wednesday. The rise in festive hiring is being driven by sectors, including retail, e-commerce, BFSI, logistics, hospitality, travel, and FMCG, workforce solutions firm Adecco India said in the report. Hiring activity has gained momentum in anticipation of upcoming festivals like Raksha Bandhan, Dussehra, Diwali, seasonal sales and the wedding season. Many companies are advancing their hiring cycles to stay ahead of demand and ensure operational readiness for what is expected to be a stronger-than-usual festive period. This year's hiring uptick is being driven by improved consumer sentiment, a favourable monsoon boosting rural demand, post-election economic optimism, and aggressive seasonal promotions, the report stated. This report on hiring in seasonal jobs is based on data of Adec

TNPSC Group 2 recruitment 2025: Notification out for 645 posts; know more

Apply online for TNPSC Group 2 recruitment 2025 for 645 vacancies. Check notification, eligibility and more on the official website at tnpsc.gov.in. The last date to apply is August 13, 2025

Govt asks states to align job schemes with ₹99,446-cr ELI programme

Union Labour Minister urges state-level integration with Employment Linked Incentive scheme, aimed at creating 35 million formal jobs over two years

PM Modi highlights job creation through welfare, manufacturing push

Prime Minister Narendra Modi on Saturday emphasised his government's focus on generating employment in the public and private sectors, asserting that the country has progressed in every field in the past 11 years. In a virtual address after the distribution of over 51,000 appointment letters, he said his government's welfare schemes, be it building over 4 crore houses for the poor, distributing over 10 crore new LPG connections or the rooftop solar programme, have created lakhs of new employment opportunities and so have a host of other initiatives that led to growth in manufacturing sector. Speaking of his recent five-nation tour, he said the whole world now recognises the strength of India's demography and democracy. The ability of India's youth is its biggest capital and a guarantee of the country's bright future, he added. He said, "The world acknowledges today that India possesses two infinite powers. One is demography, the other is democracy. In other words, the largest youth

PM Modi highlights jobs boost, gives 51K joining letters at Rozgar Mela

Prime Minister Narendra Modi on Saturday emphasised his government's focus on generating employment in the public and private sectors, asserting that the country has progressed in every field in the past 11 years. In a virtual address after the distribution of over 51,000 appointment letters, he said his government's welfare schemes, be it building over 4 crore houses for the poor, distributing over 10 crore new LPG connections or the rooftop solar programme, have created lakhs of new employment opportunities. Noting that over 25 crore people were lifted out of poverty in the past 10 years, the prime minister said it would not have happened but for the employment and sources of income generated for them. These poor people used to have a difficult living and feared death but became so strong that they defeated poverty, he added. Modi said his government's focus on boosting manufacturing has paid off, saying electronic manufacturing has risen over five times in 11 years and mobile ..

ELI scheme to boost job creation, social security, says official

The Employment Linked Incentive (ELI) announced in the budget for 2024-25 with an outlay of Rs one lakh crore, will promote job creation and provide social security, an official of Employees' Provident Fund Organisation (EPFO) said on Tuesday. Regional PF Commissioner-I Randhir Kumar said that the scheme is aimed at incentivising creation of 3.5 crore jobs over a period of two years, that it will be effective from August 1, 2025, and to continue till July 31, 2027. He said out of the total of 3.5 crore, 1.92 crore beneficiaries will be first-timers entering the workforce. Kumar said the thrust of the scheme is on the manufacturing sector, adding that you get benefits under the scheme, the establishments need to be registered with the EPFO. For first-time employees, the scheme provides for a maximum amount of Rs 15,000 per annum to be paid in two instalments. The employers will also get incentives by getting an amount of Rs 3,000 per month for each additional and sustained employme