Page 2 - Employment

Govt unconcerned about youth: Rahul slams 'police action' against students

The Congress Monday slammed the Centre over the alleged "lathi charge" on Staff Selection Commission (SSC) aspirants protesting at Ramlila Maidan here, with Rahul Gandhi alleging the Modi government was not concerned about youths' future as it has come to power by "stealing votes". SSC students and trainers staged a protest at Ramlila Maidan on Sunday, demanding better conduct of the examination. Police, however, have denied opposition parties' claims of baton charging the demonstrators. In a post in Hindi on X, Rahul Gandhi said, "The brutal lathicharge on SSC candidates and teachers who were peacefully protesting at Ramlila Maidan is not only shameful but also the hallmark of a cowardly government." "The youth had only demanded their rights -- employment and justice -- but got lathi-charged," said the Leader of the opposition in the Lok Sabha. "It is clear the Modi government is neither concerned about the youth of the country, nor about their future. Why should it be? This ...

Powell faces high-stakes gamble on US economy in final Jackson Hole speech

Powell's high-stakes balancing act will be on full display on Friday when he makes his final address as Fed chair to the world's leading economic policymakers

India's unemployment rate at 5.4% in Q1: First ever quarterly PLFS data

India's unemployment rate stood at 5.4 per cent in Q1 FY26, the first quarterly PLFS data showed, with youth unemployment at 14.6 per cent and female joblessness higher than men

Explained | All about PM Viksit Bharat Rozgar Yojana | PM Modi | Youth employment | Jobs

Prime Minister Narendra Modi, in his Independence Day address, unveiled the Pradhan Mantri Viksit Bharat Rozgar Yojana.

Raising FDI limit for insurers to 100% will create jobs: FM Sitharaman

The proposed raising of FDI limit in Indian insurance companies to 100 per cent would bring more players into the market and generate employment opportunities, Finance Minister Nirmala Sitharaman informed Parliament on Tuesday. Further, she said, "improved technologies and automation would lead to faster underwriting, claim processing leading to improved turnaround time thereby reducing cost and enhancing overall efficiency of the sector." The increase in FDI in Indian insurance companies from 74 per cent to 100 per cent was announced in the Union Budget on February 1, 2025. The Insurance Act, 1938 governs investment by insurers with a strong emphasis on safety, liquidity, and regulatory oversight by aligning investment by insurers with policyholder interests. The Act stipulates time, manner, form, conditions and instruments allowed for investment. Insurers are mandated to invest a specified percentage of funds in government securities and other approved securities as specified by

Tamil Nadu seals ₹32,554 crore investment deals, creating 50,000 jobs

Tamil Nadu government signs Rs 32,554 crore investment deals, creating 50,000 jobs in South Tamil Nadu. Key projects include a space park and shipbuilding PSU, with JSW and RGE as major investors

Centre owes ₹3,000 crore MGNREGA dues to Bengal: Govt in Rajya Sabha

The Centre owes West Bengal over Rs 3,000 crore, the highest among states, under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), the government informed the Rajya Sabha on Friday, claiming that the funds transfer was stopped due to non-compliance of its directives. Pending liabilities in case of West Bengal include wage, material and admin component, and release of funds to the state has been stopped since March 9, 2022, as per provisions of Section 27 of MGNREGA, 2005, due to non-compliance with directives of the central government, MoS Rural Development Kamlesh Paswan said. Among other states and Union Territories mentioned in the reply, the highest pending wage liability is for Andhra Pradesh, to which the Centre owes Rs 1,684.39 crore, while it owes Bihar Rs 893.57 crore in wage payments, Rs 694.76 to Uttar Pradesh, and Rs 456.31 crore for Telangana. In a written reply to a question by TMC's Prakash Chik Barik, who asked about the pending dues under the ...

From aspirational to exhausted: Rethinking India's middle class story

A fragmented, fatigued population can't fuel economic growth the old way

71,000 offers made in second round of PM internship pilot project

Over 4.5 lakh applications received for 1.18 lakh internship opportunities in the PM Internship Scheme's second pilot phase; low joining rate noted in first round

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

67% of Fortune Global 30 now run strategic GCCs in India, says ANSR report

ANSR report finds 174 Fortune 500 companies have over 390 GCCs in India employing 950,000 people, many of them leading AI, cybersecurity and global strategy

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

Employment push: New job scheme must be supported by structural reforms

The widespread skill mismatch and the low penetration of technical and vocational education have further compounded the problem

Cabinet approves ₹1 trillion employment-linked incentive scheme

The ELI scheme aims to generate over 35 million jobs by incentivising first-time workers and employers; EPFO-linked scheme covers jobs from August 2025 to July 2027

Women do better than men in education but don't get enough salaried jobs

The number of women in stable and salaried positions is shrinking; they are becoming dependent on informal work

Why does Karnataka govt want you to work for 10 hours a day? | Jobs | Employment

The Karnataka government has proposed a major overhaul of its labour laws. If cleared, daily work hours could rise to 10, and overtime could stretch to 12 hours per day.

Employers head to Tier-II cities, but governance gaps may pare gains

Employers are betting on smaller cities - but without a governance model that keeps pace with economic change, the gains may not last

Government keen to increase credit availability to MSMEs, says official

The government wants to increase credit availability to micro, small and medium enterprises (MSMEs) and also improve them by enhancing technology, an official said on Friday. Addressing CII's Annual General Meeting, Rajneesh, Additional Secretary and Development Commissioner, Ministry of MSME said India is the fourth largest economy today and would be the third-largest soon. Rajneesh highlighted how MSMEs took a hit during COVID-19 but turned around very fast. He said that MSMEs provide employment to 27 crore people and that is why the ministry keeps them in mind while making policies. "We want to increase credit availability to MSMEs. This year Budget provided for providing credit cards to micro enterprises," he said adding MSME NPAs (bad loans) were less than 5 per cent in last five years as per RBI data. He also highlighted the role of technology to improve MSMEs, suggesting that through use of technology issues between environment concerns and growth aspirations can be ...

SC ruling on job lock-ins may reshape public sector contracts: Experts

This means that employers can now ask for compensation from employees who leave early, if the clause is not unfair or too harsh