Page 7 - Employment In India

Govt rolls out scheme to provide 10 mn internship over five years

The government on Thursday rolled out the internship programme that will provide financial assistance of Rs 60,000 per annum to 1 crore youth over a period of five years. In 2024-25, the total cost of the pilot project will be around Rs 800 crore and will look to provide internship to 1.25 lakh candidates during this fiscal, government sources said on Thursday. Announced in the Union Budget 2024, the Prime Minister's Internship Scheme in Top Companies will also provide insurance coverage to the interns. The scheme will be implemented through an online portal developed by the corporate affairs ministry. Subject to certain conditions, youth aged between 21 and 24 years will be eligible for the scheme, the sources said. The internship programme will commence on December 2. Through the portal, the sources said, partner companies can offer internship opportunities and the top companies for the pilot project have been identified on the basis of the average of their CSR expenditure in t

Govt's big job plan: Labour ministry to announce new employment schemes

The labour ministry is expediting discussions with various stakeholders about employment-linked incentive (ELI) schemes

States call for employment data creation, focused approach for quality jobs

Several states on Monday called for creation of employment data and adoption of a focused approach for creating quality jobs. The suggestions were made at the fifth regional meeting of the Union Ministry of Labour and Employment with all states and Union Territories. The meeting focused on discussions around labour reforms, the e-Shram portal, building and other construction workers (BoCW), and employment generation, reflecting the government's commitment to inclusive development and welfare of all sections of the workforce, the Ministry of Labour & Employment said in a statement. Timely and regular submission of employment returns and job fair details to the Directorate General of Employment through the modules on the National Career Service portal were also discussed, it said. Besides, adopting a consultative and consensual approach to framing state reform was also discussed in the meeting, the ministry said. Union Minister of State for Labour & Employment Sushri Shobha ...

'NEET' problem: 25% of India's youth not in education, employment, training

NEET, short for not in education, employment and training, globally 20.4% of youth fell into the NEET category in 2023

AI likely to draw up initial list for internship scheme in October

A 'neutral panel' to select a pool of applicants after AI-based shortlisting

Labour ministry to move Cabinet note on ELI schemes, says Mandaviya

Union Labour Minister Mansukh Mandaviya on Tuesday said the ministry will move a Cabinet note on the employment-linked incentive (ELI) scheme announced in the Union Budget 2024-25 in July. The minister emphasised upon the importance of a robust mechanism to ensure that the benefits of the ELI Scheme reach the true beneficiaries. "The ministry is finalising a Cabinet note on ELI scheme and it will be soon placed before the Cabinet for approval," he told reporters here. The ELI Scheme aims to create over 2 crore jobs in the country in a period of 2 years. This will significantly contribute to increasing employment opportunities and enhancing livelihood. Three schemes for 'Employment Linked Incentive' were announced in Union Budget 2024-25 as part of the Prime Minister's package of five schemes and initiatives to facilitate employment, skilling and other opportunities for 4.1 crore youth over a 5-year period with a central outlay of Rs. 2 lakh crore. Finance Minister Nirmala Sitharam

Haryana polls: If elected, health, employment will be top focus, says BJP

Pitted against his cousin and Congress rival Mohd Illyas, BJP candidate from Punhana segment of Haryana's Nuh district Mohd Aizaz Khan said employment, health and education will be his focus and asserted that the lotus bloom will bloom in the region. Khan is among two candidates from the Muslim community fielded by the BJP for the Haryana polls, the other being Naseem Ahmed, a former MLA, who is in fray from the Ferozepur Jhirkha segment. The BJP candidate said people remember the time when his father Chaudhary Sardar Khan, a former Haryana minister, gave jobs to nearly 4,600 youth from Mewat region. "Employment, health, and education will be my top focus (if elected). My aim will also be to bring a university to the region, improve infrastructure and fulfil the dreams which my father had for this region...Going by the huge support of the people I am getting, I am confident that 'lotus' will bloom here," the 56-year-old law graduate told PTI. He asserted that the BJP government in

Corning bullish on mobile, life sciences; commits Rs 1,500 crore investment

High-tech glass company Corning is bullish on growth from mobile consumer electronics and life sciences businesses in India, a senior company official said on Thursday. The automotive and optical fibre business is the biggest revenue contributor to the company in the country, at present. Corning which started business by providing glass cover for bulb invented by Thomas Alva Edison has expanded into several verticals to provide glass technology ranging from electronics display protection cover for mobile, television displays, semiconductor manufacturing, space telescopes to glass based packaging for labs, vaccines etc. "We waited for ecosystem to be established in India where we are seeing now global players are already establishing footprints to manufacture smartphones, and we just want to be a part of the supply chain. India is now becoming a rising star. We want to just be part of the story," Corning International, division vice president and general manager Gokhan Doran told ...

25 travel agents booked for illegally advertising jobs: Punjab police

Twenty-five travel agents in Punjab have been booked for illegally advertising employment opportunities on social media, said police on Wednesday. The action came after the Protector of Emigrants under the Ministry of External Affairs red-flagged the advertising on social media for jobs in foreign countries by such unscrupulous travel agencies. In a statement, Additional Director General of Police (NRI Affairs) Praveen K Sinha said these travel agencies were advertising jobs abroad without possessing the requisite licence and permissions. "We checked the online platforms, verified their credentials covertly and registered FIRs against them," he said, adding that a total of 20 FIRs have been registered under the Emigration Acts at various NRI police stations in Amritsar, Jalandhar, Kapurthala, Hoshiarpur, Ludhiana, Patiala, Sangrur and SAS Nagar. The ADGP said this operation specifically targeted those illegal travel agents, who were advertising on online platforms, offering promisi

Indian employers most bullish globally on Oct-Dec quarter hiring: Survey

Corporate India reported the strongest hiring sentiments globally for the next three months, with 37 per cent of employers planning to increase their staff strength as businesses are bullish about the country's economic position, a survey said on Tuesday. According to the ManpowerGroup Employment Outlook Survey Q4, 2024, of nearly 3,150 employers across sectors and regions, the Net Employment Outlook in India is the strongest worldwide at 37 per cent, followed by Costa Rica (36 per cent) and the US (34 per cent) in the second and third place respectively. The Net Employment Outlook (NEO) is calculated by subtracting the percentage of employers who anticipate reductions to staffing levels from those who plan to hire. The India employment outlook for Q4 (October-December) stood at 37 per cent, up 7 per cent from Q3 2024, and unchanged when compared with the same time last year. "The hiring intention of employers signifies the positive outlook in the country's economic position that h

Global hiring intentions hold steady in Q4, shows ManpowerGroup survey

More than 40 per cent of employers surveyed expect an increase in hiring plans, while 16 per cent anticipate a reduction

Bridging the gap: How upskilling initiatives can boost tourism job creation

The tourism industry has immense potential to drive economic growth and generate millions of jobs

Companies raise concerns over subsidy refund in proposed ELI scheme

Companies oppose the requirement for employers to refund subsidies if employees leave within 12 months

States stress on timely reporting of information on employment, job fair

States' representatives on Friday suggested timely and regular reporting of employment and job fair details to the National Career Services portal to boost job creation. Union Minister of State for Labour & Employment Shobha Karandlaje chaired a crucial regional meeting with six states/UTs -- Karnataka, Tamil Nadu, Telangana, Kerala, Puducherry, and Andaman & Nicobar Islands -- in Bengaluru today, a labour ministry statement said. This marks the first in a series of six regional meetings planned by the Ministry of Labour and Employment with all states/UTs, emphasising the spirit of cooperative federalism. The meeting focused on discussions around labour reforms, the eShram Portal, Building & Other Construction Workers (BoCW), and boosting employment generation, reflecting the government's commitment to inclusive development and welfare of all sections of the workforce. During the meeting, the states pointed towards the timely and regular submission of employment returns ...

We must raise the bar to impart lifelong learning in B-schools: Bijapurkar

Reflecting on her own experiences, Bijapurkar noted that her generation, which largely lacked formal economics training before the 1991 economic reforms, survived by continually learning

Japanese firms interact with K'taka colleges to enable young Indians hiring

The Japan External Trade Organisation organised University Connect, an interactive event here to bring together Japanese businesses that are keen on hiring Indian talent and the best colleges of Karnataka. University Connect is a global campaign to connect with universities outside of Japan in order to encourage students to pursue employment opportunities in Japanese businesses. "This was the first one held in Bengaluru. Ten Japanese companies and seven Indian institutions attended. There was a more than anticipated exchange of view points and excitement. The Japan External Trade Organisation (JETRO) is determined to keep growing its network of universities in Karnataka actively and will do everything in its power to assist Japanese businesses in hiring skilled Indians," said Toshihiro Mizutani, Director General of JETRO Bengaluru. During the event, held on August 26, seven of Karnataka's best universities presented an overview of their institutions, programmes, placement procedures

Tata Group to give jobs to 4,000 women from U'khand at TN, Karnataka plants

Tata Group will give jobs to 4,000 women from Uttarakhand at its plants in Tamil Nadu and Karnataka. Its Chief Human Resource Officer Ranjan Bandopadhyay has written a letter to this effect to the state planning department, an official release said here on Monday. The recruitment process will begin soon, it said. Tata Electronics Pvt Ltd will appoint 4,000 women candidates from Uttarakhand at its plants in Hosur in Tamil Nadu and Kolar in Karnataka under the NPS and NATS programmes, the release said. Those who have cleared class 10 or 12 examinations are eligible for NPS programmes, while for NATS an ITI diploma is necessary in addition to these, it said. After selection, they will be appointed as shop floor technicians. Apart from a fixed salary, they will also get accommodation, food, transportation and other facilities, it said.

Everyone with offer will join: Infosys CEO on 2022-batch onboarding delays

Infosys CEO Salil Parekh has indicated that offers given to freshers will be honoured by the company and followed with joining, although there has been some change in dates. The comments of Infosys top honcho assumes significance amid reports that the company has delayed onboarding of 2,000 fresh engineering graduates from 2022-batch. "Every offer that we have given, that offer will be someone who will join the company. We changed some dates but beyond that everyone will join Infosys and there is no change in that approach," Parekh told PTI in response to a question on reported delays in onboarding of 2,000 fresh engineering graduates for two years. The Bengaluru-headquartered IT company has an overall employee base of 315,332 as on June 2024. Recently, IT and ITES union Nascent Information Technology Employees Senate (NITES) had filed a complaint with the Ministry of Labour and Employment against Infosys for delaying the onboarding of 2,000 engineering graduates selected for syste

'400 mn more women required in workforce to contribute $14 trn to economy'

India requires an additional 400 million women in the workforce to contribute USD 14 trillion to the economy which would necessitate nearly doubling the current female labour force participation rate (LFPR) from 37 per cent to 70 per cent by fiscal year 2047, according to a new report. Non-profit The/Nudge Institute has unveiled a new report, Labour Force Participation Distillation Report, outlining a crucial element for India's economic future. The report is based upon Periodic Labour Force Survey (PLFS) over the years. As the country aims to become a USD 30 trillion economy by 2047, the report highlights the need for a substantial increase in female labour force participation to achieve this goal. According to the report, India requires an additional 400 million women in the workforce to contribute USD 14 trillion to the economy. This would necessitate nearly doubling the current female labour force participation rate (LFPR) from 37 per cent to 70 per cent by fiscal year 2047. Wi

UP govt to provide 200k jobs over next two years, says CM Adityanath

Uttar Pradesh Chief Minister Yogi Adityanath Thursday said the state government plans to provide 2,00,000 government jobs over the next two years, according to an official statement. Speaking at an employment and loan fair at BIT College here, he emphasised that employment opportunities have become more inclusive, highlighting that previously, youths from western Uttar Pradesh were "often excluded" from such opportunities. CM Adityanath announced that the state government will provide government jobs to two lakh youth in the next two years, according to the statement. "Starting Friday, the recruitment process for over 60,000 police positions will begin across the state," Adityanath said. He urged local youths to actively participate in the upcoming job openings, asserting that no one would question their capabilities. He also warned that "any attempt to jeopardize the future of the youth would result in severe consequences", including imprisonment and confiscation of assets, accor