Page 6 - Job Creation

India's services activity cools to 6-month low in Sep; job creation slows

PMI for services sector released by S&P Global dipped to 54.3 in September from 57.2 in August as weak external demand weighed on overall sales, with international order declining during the month

States' MGNREGA under probe for potential financial misappropriation

Some states have been using more than permitted MGNREGA funds to build rural infrastructure instead of generating livelihood opportunities for rural needy, says Central government

New job creation slipped 10% in Omicron-hit March quarter, says govt

Mfg sector was worst hit with 140,000 job cuts, followed by education (22,204) and construction (8,954). IT/BPO created most new jobs at 370,000, followed by the health sector (93,701)

Job creation, wealth distribution priority over inflation: FM Sitharaman

The finance minister said if India and the United States joined efforts in growing their respective economies, they might be the engines of global growth within the next two decades

Job creation, reduced inequality should be key targets for India: Report

Study says growth in prosperity also needs to be environmentally sustainable and must be solid and resilient in the face of external shocks

The record of 75 years: How will India be more whole-heartedly admired?

If India addresses its institutional and policy failures, reduces its inequalities and addressing its iniquities over the next 25 years, that would truly make it an Indian century, writes T N Ninan

Need to boost manufacturing to create jobs, says Anand Mahindra

"Only 40 per cent of the labour force that is capable of working is actually working or looking for work. The biggest sufferers are youth and women," said Mahindra.

India needs to grow 8-10% in next 25 yrs to create more jobs: Singapore min

"You need the productive growth because it's the only way in which incomes are going to grow but you need a lot more job growth and it can be achieved," he said.

Pradhan Mantri National Apprenticeship Mela to be hosted in 200 locations

On June 13, 2022, the mela will be organised from 9 AM to 5 PM. The PM National Apprenticeship Mela will take place across 200+ locations in India

Over 825,000 jobs created under flagship scheme PMEGP in FY22: Govt

The government on Tuesday said 1.03 lakh new manufacturing and service units were set up under its flagship scheme PMEGP along with creation of over 8.25 lakh jobs in the last financial year.

West Bengal budget proposes sops for real estate, tea for job creation

2% stamp duty rebate, 10% on circle rate for another six months; no Rural Employment Cess for tea during FY23, small tea gardens spared Agricultural Income Tax

Higher public investment to stimulate demand, generate jobs: DEA Secretary

The Budget proposals seek to stimulate the economy by stepping up public investments, which will create demand for industrial inputs and generate jobs, Economic Affairs Secretary Ajay Seth said.

Budget 2022-23: Job creation to drive auto sales, say brokerages

When the government announces the Union Budget on Tuesday, brokerages and rating agencies expect measures to make automobiles, particularly two-wheelers, more affordable

Unemployment emerging as biggest problem in country: Varun Gandhi

Unemployment is emerging as the biggest problem in the country, and ignoring it is like covering fire with cotton, BJP MP Varun Gandhi said on Friday.

Budget 2022: Capex likely to focus on jobs creation, PLI expansion

India's Federal Budget FY23's Capex thrust is likely to focus on rural welfare and employment generation schemes.

Time for banks to support wealth & job creators: PM Narendra Modi

More than Rs 5 trillion recovered by banks from defaulters

Gujarat job claims: It is Vijay Rupani's data vs Legislative Assembly data

Gujarat CM said the state government had provided more than 200,000 government jobs but responses given in the Legislative Assembly for the period of 2016-2020 say otherwise

Govt aims to raise auto sector contribution to GDP, job creation: Gadkari

The government looks to increase contribution of automobile sector to India's GDP to 12 per cent from the present 7.1 per cent and grow employment generation to 50 million from the current 37 million

Apple's supply chain in India generates 20,000 jobs, says report

The technology giant started manufacturing iPhones in India in 2017 with iPhone SE.

Making of Bidenomics

The idea of a global minimum tax rate has merits