Page 3 - Employment

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

Bank executive pays compensation for quitting too soon: SC says it's fair

Court's judgment in Vijay Bank case could shape how companies make employment contracts, say legal experts

Microsoft lays off 6,000 employees amid AI expansion | Know the full story

Microsoft is laying off over 6,000 employees, its biggest job cut after 2023. What’s behind this move, and what does it signal for the tech industry? Watch to know!

Women hold just 33% of entry-level roles in private jobs in India: Report

Workforce gender gap begins early in India with women holding just one in three entry-level private sector roles and only 24 per cent of managerial positions, a report said on Wednesday. In India, despite forming half of the university graduate pool, women continue to face systemic barriers to entry, advancement, and retention in formal employment, according to McKinsey & Company's 'Women in the Workplace' report. It showed that women hold just one in three entry-level private sector roles and only 24 per cent of manager positions, signalling a wide gap between potential and actual representation. The report is based on insights of 324 organisations across India, Nigeria, and Kenya employing roughly 1.4 million people, including 77 private sector organisations from India (having a total of 9 lakh employees). The gender imbalance in India is further highlighted by a seven-year age gap at the entry level where women average 39 years compared to men at 32 years, the widest gap across

Enterprises with output below Rs 500 cr account for 63% of employment

But these enterprises, a pilot study showed, accounted for only 36.84 per cent of total compensation

One million gig workers registered on e-Shram portal: Mansukh Mandaviya

"The registration of gig workers is an ongoing process, and we're working in line with the Budget announcement. We are likely to register 3-4 million in the next three months," the minister said

Delhi govt hikes minimum wages across worker categories; know full details here | Jobs | employment

The Delhi government has announced a fresh hike in minimum wages across all worker categories. It’s aimed at easing the pinch of rising living costs and inflation.

Telangana women, Goa men spent most time on job activities in 2024

Among union territories (UTs), men in Delhi spent the highest time (406 minutes) on 'employment-related activities'