Page 5 - Job Creation

Over 20 mn youth will get jobs in next 3-4 years, says UP CM Adityanath

Uttar Pradesh Chief Minister Yogi Adityanath on Sunday said his government is running a campaign under 'Mission Rozgar' that will provide jobs to more than two crore youths in the next three-four years. Addressing the closing ceremony of the two-day 'Lucknow Kaushal Mahotsav', Adityanath said by developing the skills of UP's youth, the state can play the role of the growth engine of the country's economy. The government has started 'CM Apprenticeship Training' and seven-and-a-half-lakh youth of the state will be covered under the scheme, the CM said at the event jointly organised by the National Skill Development Mission and the Uttar Pradesh government. Under the apprenticeship scheme, the government and the industry together will give an honorarium to the youth studying in universities and colleges, he said. They will be connected with experiential work and new training. "The presence of 112 companies in this festival proves that we have potential. The move to connect thousands o

Odisha approves 25 industrial projects worth Rs 5,827 cr to create jobs

The Odisha government on Saturday approved 25 industrial projects worth Rs 5,827.27 crore, which will create employment for 25,000 people

PLI schemes will drive job creation in next two years: TeamLease report

60% of employers in survey express hiring intent; pharma has the highest positive hiring sentiment (68%) followed by white goods (67%) and textile products (62%)

Fresh formal job creation below 1 million for third month: EPFO data

Surprisingly, the number of new male subscribers fell more (14.9 per cent) than female (12.9 per cent) in December

Union Budget 2023-24: Marching ahead on a sustainable growth path

The biggest push came for the infrastructure sector, with a more than expected - i.e. 33 per cent - hike in capex that should boost private investment and spur employment generation

Formal job creation in India rose in November after October lows: MoSPI

Between September 2017 and November 2022, 6.09 crore new subscribers joined the EPF scheme

Analysts expect Budget to focus on job creation, investment-driven growth

Any roadmap to build and bolster the entrepreneurship culture can promote self-reliance and go a long way in employment generation

Budget 2023: HR industry expects labour codes, focus on formal job creation

The Human Resource industry anticipates various measures from the upcoming Budget 2023, that will be beneficial for employees, the employment process, for job development and will address the skill-gap challenge in the country. The Indian economy is on the road to recovery after the Covid-19 pandemic significantly affected the country's economic growth. Industry players are hoping that the ensuing budget will provide a much-needed boost to the HR sector that will help the industry to get back on track. According to leading HR services provider Randstad India, the broad industry asks for the HR sector is the roll out of labour codes, focus on formal job creation, industry Status for Staffing Industry and enhancing skilling initiatives for the youth. It would help if the central and state governments set up help desks in the initial phases of rolling out the labour codes to ease the implementation by the industry, it said. "The union budget 2023 should aim at further enhancing the ..

Data privacy rising exponentially as a job creator, says Tsaaro report

According to the report, both legal or compliance and technical privacy roles at enterprises were understaffed, and the issue has worsened since last year

SMBs emerge as top job creators in India, clocks 60% surge: Report

Jobs posted by small and midsize businesses (SMBs) clocked a 60 per cent (year-on-year) surge, with emerging small businesses from tier 1 and 2 cities posting more than 2.1 million jobs in 2022 alone

Fresh formal job creation fell for third straight month, show EPFO numbers

New EPFO subscribers dipped by a sharp 26% in October, from the level a month ago

Over 15000 posts filled in J&K govt departments in 3 years: SSB chairman

More than 15,000 vacancies in various government departments were filled in three years while the selection process for 8,000 more was in progress, Jammu and Kashmir Services Selection Board (SSB) chairman Rajesh Sharma said. He said court litigation by aggrieved candidates is one of the major factors for the delay in the recruitment process. "Against last year's figure of 9,300, this year the SSB filled 4500 posts in various government departments and 3,400 among them are class-IV posts. A total of 1,500 posts were filled up in the year 2020," Sharma told PTI here. He said the candidates selected for the class-IV posts under phase two were handed over appointment letters at special 'Rozgar melas' presided by Lt Governor Manoj Sinha in Srinagar and Chief Secretary Arun K Mehta in Jammu recently. Under the first phase, more than 5,000 deserving candidates were given appointment letters last year after the government mandated the Jammu and Kashmir SSB to make recommendations for ...

Are states with high levels of poverty spending less on MGNREGS?

Experts said an institutionalised system of social audits will clear lots of doubt

Food processing sector critical for economy, job creation: Niti Aayog CEO

Niti Aayog CEO Parameswaran Iyer on Friday said the food processing sector is critical for the Indian economy as well as job creation and stressed on ramping up production and exports of processed items. Addressing a CII seminar here, Iyer said there is a need to encourage the MSME sector to enter the food processing sector, which he described as a very important sector for the health of the economy and people. He underlined that food processing can boost farmers income and also help in achieving nutritional goals. Iyer said there is a need to augment primary processing at farm level. Stating that food security has become important in the current global context, he said the government has taken a number of steps in this regard. The Niti Aayog CEO highlighted that there has been a steady growth in agriculture. On the food processing front also, Iyer said a number of initiatives have been taken by the government, including the Production Linked Incentive (PLI) scheme. "This is a v

TMS Ep314: Adani expansion, job creation, Indian equities, climate

Is Adani Group emerging as the next Tatas? What explains rural-urban divide despite more job creation? Will Indian equities be able to tide over emerging risks? What is climate finance? Answers here

MP govt focuses on investment, developing industrial infra to generate jobs

The Department of Micro, Small and Medium Enterprises (MSMEs) has decided to offer MSMEs and start-ups training in marketing, and financial support

1.6 mn jobs being generated by Centre every month: Ashwini Vaishnaw

Highlighting the Centre's efforts in creating employment opportunities, Union Railway Minister Ashwini Vaishnaw said that about 16 lakh jobs are being generated every month by the central government

Focus on job creation, capex boost, tax measures in Budget: Industry to FM

Employment-linked incentive scheme for services sector suggested

Budget should focus on job creation, steps to broaden tax base: India Inc

The Budget should focus on measures to accelerate job creation and broaden the tax base by rationalising GST and personal income tax slabs to boost consumption, industry bodies said in their pre-Budget meeting with finance minister Nirmala Sitharaman on Monday. "The external scenario is likely to continue to be unfavourable for some time. Hence, we must broad-base our domestic economy by creating new sectors of growth and driving employment generation to boost domestic demand, inclusion, and growth," CII president Sanjiv Bajaj said. The Confederation of Indian Industry (CII) was part of the virtual pre-Budget meeting which was called for an aggressive focus on privatisation of public sector units and increasing allocation to capital expenditure with focus on an investment led growth strategy to pump India's economy amidst the global uncertainty. To boost job creation, CII suggested that an employment linked incentive scheme be introduced and the government could consider an urban ..

New formal job creation fell again in September, shows payroll data

The number of fresh formal jobs created fell for the second consecutive month in September, declining 9 per cent sequentially to 930,000