The CSO had brought out the first release of employment related statistics in the formal sector in April, 2018 covering the period September 2017 to February, 2018
The top three industries to adopt talent analytics in India are financial services and insurance, technology-software, and professional services
The ministry of statistics and programme implementation (Mospi) issued a consolidated report on payroll count, saying the data gave some perspective on jobs in the formal sector but not om the overall economy.The ministry cautioned analysts about a possible overlap between subscribers of the Employees' Provident Fund Organisation (EPFO), Employees' State Insurance Corporation (ESIC) and Pension Fund Regulatory and Development Authority (PFRDA), based on which the payroll estimates were established."This is the first in the series of employment-related statistics, for selected areas, that the ministry is intending to bring out on a regular basis. As the levels of employment are from various sources, there are elements of overlap and the estimates are not additive," it said.The data showed 32.7 million new subscribers to EPFO between September 2017 and February 2018. During this period, 421,665 persons subscribed to the National Pension System under PFRDA but since ESIC data is fuzzy, ..
'Hopefully, this would also end the debate regarding and criticisms about jobless growth in the economy,' said NITI Aayog
Having a large number of self-employed people does not necessarily indicate an improvement in job conditions
If young men are working in the offices and factories, then they will not take to the streets for arson
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India can meet its job-creation challenge by modernising and galvanising the large hidden potential of the unorganised sector
The actual job creation in the economy is not as bad as it's been made out to be
French president Emmanuel Macron makes an official visit to India later this year
The Ficci report highlights the impact that various primary forces such as globalisation, demographics, and Industry technologies, are expected to have on the key sectors of the economy
In 2015, over 30% of India's youth was neither employed nor in education nor training, one of the highest percentages in the world
The report said the services sector had reported the strongest hiring outlook for the fourth quarter of 2017
Job creation remains close to last year's pace: CLSA
Govt inaction is preventing job creation; its actions may have led to job losses