According to the labour ministry, policy reforms across sectors and government programmes have generated employment
Software engineers, consultants made the most such withdrawals in 18 countries, says payroll company Deel
Meeting will on Friday review steps taken by ministries and departments for generating employment
Employees' Provident Fund Officers' Association has sought the Union Labour Minister's intervention to improve the information technology infrastructure of the retirement fund body. In a letter to the minister earlier this week, the EPF Officers' Association (EPFOA) said it has been regularly submitting requests for urgent interventions to upgrade the EPF IT systems software, hardware, IT manpower - which are causing acute strain on EPF manpower and adversely affecting EPFO services. The situation has now turned serious with officers and offices reporting significant system deficiencies on a daily basis, the association said. Severely inadequate EPFO IT systems and resultant service bottlenecks are adversely affecting EPF services, it added. The EPFO application software serves as the foundational component of its service delivery infrastructure. The body said it is the primary platform through which our regional offices process and adjudicate member claims. In recent times, the
Retail inflation for industrial workers eased to 3.86 per cent in May compared to 4.42 per cent in the same month a year ago. The Consumer Price Index-Industrial Workers (CPI-IW) was 3.87 per cent in April 2024, a labour ministry statement said. According to the statement, year-on-year inflation for May 2024 moderated to 3.86 per cent against 4.42 per cent in May 2023. The All-India CPI-IW for May 2024 increased by 0.5 points and stood at 139.9 points. It was 139.4 points in April 2024. The food and beverages group increased to 145.2 points in May from 143.4 points in April this year. The fuel & light segment dipped to 149.5 points in May from 152.8 points in April 2024. The Labour Bureau, an attached office of the Ministry of Labour & Employment, has been compiling the Consumer Price Index for Industrial Workers every month on the basis of retail prices collected from 317 markets spread over 88 industrially important centres in the country.
The labour ministry on Monday rebutted a recent report by Citigroup which forecast that India will struggle to create sufficient employment opportunities even with a 7 per cent growth rate. The ministry in a statement said the report "fails to account for the comprehensive and positive employment data available from official sources such as Periodic Labour Force Survey (PLFS) and the Reserve Bank of India's KLEMS data." The recent research report by Citigroup on employment in India, quoted by some of the print and electronic media, forecast that India will struggle to create sufficient employment opportunities even with a 7 per cent growth rate. Ministry of Labour and Employment strongly rebuts such reports which do not analyse all official data sources available in the public domain, it said. According to PLFS and RBI's KLEMS data, India has generated more than 8 crore (80 million) employment opportunities from 2017-18 to 2021-22. This translates to an average of over 2 crore (20
The statement further adds that section 5 of the Equal Remuneration Act, 1976, clearly stipulates that no discrimination is to be made while recruiting men and women workers
The index is aimed to promote 'healthy competition' between states to improve labour welfare, productivity, social security coverage, and more
While the four labour codes have already been passed by the Parliament, implementing them could prove tricky for the new coalition government led by prime minister Narendra Modi
IT sector employee union NITES has urged the Ministry of Labour and Employment to probe repeated delays in the onboarding of over 2,000 campus recruits by tech major Infosys. Nascent Information Technology Employees Senate (NITES) alleged that the delays have persisted for more than two years, and caused significant hardship for the affected professionals, leaving them 'in a limbo'. Infosys did not comment on the matter. Harpreet Singh Saluja, President of Nascent Information Technology Employees Senate (NITES), In a statement, alleged that Infosys' actions constitute a "serious breach of trust" with these young professionals. "Many had turned down other job offers in good faith, relying on Infosys's offer letters. Now, they face financial hardship and uncertainty due to the lack of income and a clear onboarding timeline," he said. The union has written to the Ministry of Labour and Employment seeking an investigation into the matter, to ensure that Infosys fulfills its obligation
Peak summer is also peak production time, but the mandated SOPs and heat action plans offer little respite
Retail inflation for industrial workers eased to 4.59 per cent in January compared to 4.91 per cent in December 2023 mainly due to lower prices of certain food items. Food inflation stood at 7.66 per cent in January 2024 against 8.18 per cent in December 2023. Food inflation was 5.69 per cent in January 2023 a year ago, a labour ministry statement said. Retail inflation based on the consumer price index for industrial workers (CPI-IW) was 6.16 per cent in January 2023. The All-India CPI-IW for January 2024 increased by 0.1 point to 138.9 points from 138.8 points in December 2023. The maximum upward pressure in the current index came from the Housing group contributing 0.48 percentage points to the total change. At the item level, House rent, Ladies Suiting, Casual wear, Saree Cotton, Woolen Sweater/Pull-over, Plastic/PVC Shoes, Tailoring Charges/Embroidery, Chewing Tobacco, Foreign/Refined Liquor, Pan Masala, etc. are responsible for the rise in the index. However, it stated that
A comprehensive jobs data is the need of the hour in India to help understand what kind of employment opportunities are getting created and which sectors are hiring, and the government should look at developing an equivalent of the Bureau of Labour Statistics (BLS) in the US, Wadhwani Foundation Global President and CEO Ajay Kela told PTI. "India is a young country and the youth population is massive. Every month we have one million people who turn 18 and they need jobs. We must make sure there are jobs available for all such people who need to support themselves and their families," Kela told PTI in an interview on Tuesday. On his expectations from the interim budget, Kela said, "What's missing in India is that there is no solid data in the job space. The US has the BLS, we don't have an equivalent of that. "Any programmes or schemes you develop... in the absence of not understanding what jobs are getting created, which sectors are hiring, what do the next 4-5 years look like in ..
The government will launch the second version of the National Career Service (NCS) portal as well as persuade states to roll out labour reforms as part of efforts to further improve the ease of doing business and provide social security for the unorganised labour, particularly gig and platform workers, in 2024. Union Labour and Employment Minister Bhupender Yadav told PTI that his ministry will soon launch the "advanced version, namely NCS 2.0, to facilitate better job matching and search facility for jobseekers along with a recommendation engine for skilling by the use of latest technologies and leveraging Artificial Intelligence and Machine Learning". The NCS project was launched in July 2015 to provide various employment-related services, including career counselling, vocational guidance, information on skill development courses, apprenticeship and internships, through a digital platform. As of November 30 this year, the NCS platform had more than 3.64 crore registered jobseekers
Retail inflation for industrial workers increased marginally to 4.98 per cent in November compared to 4.45 per cent in October this year, mainly due to higher prices of certain food items. Food inflation stood at 7.95 per cent against 6.27 per cent in the previous month (October 2023) and 4.30 per cent during the corresponding month (November 2022) a year ago, a labour ministry statement said. According to the statement, year-on-year inflation for the month stood at 4.98 per cent in November compared to 4.45 per cent for the previous month (October 2023) and 5.41 per cent during the corresponding month (November 2022) a year before. The All-India CPI-IW (Consumer Price Index for Industrial Workers) for November 2023 increased by 0.7 points and stood at 139.1 points. The CPI-IW was 138.4 points in October 2023. On one-month percentage change, it increased by 0.51 per cent with respect to the previous month, whereas it remained stationary between the corresponding month a year ago,
Over 5.48 crore job cards under the Mahatma Gandhi National Rural Employment Guarantee Act were deleted in 2022-23, a 267 per cent jump from the previous fiscal, the Union Rural Development Ministry informed Lok Sabha Tuesday. In reply to a query by JD(U) MP from Bihar Dileshwar Kamait, Minister of State for Rural Development Sadhvi Niranjan Jyoti said West Bengal saw the highest number of MGNREGA job cards being deleted at 83,43,469, which is 5,203 per cent more than 2021-22 when 1,57,309 job cards were deleted. In Bihar, job cards of 83,30,633 workers were deleted, which is 315.84 per cent more than the previous fiscal. Uttar Pradesh saw the deletion of 78,78,403 job cards, 608 per cent more than the previous fiscal, while Andhra Pradesh saw the deletion of 77,96,889 job cards, the minister said. She added that in total 5,48,27,121 job cards were deleted in 2022-23. This is an increase of 267.18 per cent compared to 2022-21 when job cards involving 1,49,31,801 workers were deleted
Retirement fund body Employees' Provident Fund Organisation (EPFO ) has invested Rs 27,105 crore in exchange-traded funds (ETFs) during the current fiscal till October, Parliament was informed on Monday. EPFO had invested Rs 53,081 crore in the ETFs during the fiscal 2022-23, higher than Rs 43,568 crore in 2021-22, Minister of State for Labour and Employment Rameshwar Teli said in a written reply to the Lok Sabha. The reply showed that the EPFO has invested Rs 27,105 crore in the ETFs so far in the current fiscal 2023-24 till October 2023. The body had invested Rs 14,983 crore in ETFs in 2016-17, Rs 24,790 crore in 2017-18, Rs 27,974 in 2018-19, Rs 31,501 crore in 2019-20 and Rs 32,071 in 2020-21, according to the reply. Teli explained to the House that the EPFO does not invest directly in individual stocks, including stocks of any blue-chip company. EPFO invests in equity markets through ETFs, replicating BSE-Sensex and Nifty-50 indices, Teli said. It has also invested from tim
Infosys founder had said young people should work more for India's progress
Himachal Pradesh has witnessed the highest overall unemployment rate of 33.9 per cent, followed by Rajasthan at 30.2 per cent, among the age group of 15 to 29 years in cities during July-September 2023, according to the Periodic Labour Force Survey (PLFS). The PLFS data of the National Sample Survey Office (NSSO) also revealed that unemployment among the 15-29 age group in urban areas was high among females at 49.2 per cent in the July-September quarter of this fiscal year as compared to 25.3 per cent among males in Himachal Pradesh. in the case of Rajasthan, the joblessness in females in cities was high at 39.4 per cent in the quarter as against 27.2 per cent in males. Jammu & Kashmir also reported a high rate of joblessness at 29.8 per cent in the age group in cities. In the case of Jammu & Kashmir, unemployment was high among females at 51.8 per cent in the quarter compared to 19.8 per cent among males in the period in cities. The data showed that the overall unemployment ..
The Union labour ministry has issued a show cause notice to Tata Group-owned Air India Express for alleged violation of regulations with respect to certain disputes with the airline's management and cabin crew members, according to sources. Many cabin crew members have raised concerns, including about room sharing during layovers. In this regard, a complaint was filed before the labour department and the matter is under conciliation as per the Industrial Disputes Act, 1947. A query sent to Air India Express seeking comments regarding the show cause notice remained unanswered. The airline, which was taken over by the Tata Group in January last year, implemented certain policies that were under the conciliation process, as per the sources. The show cause notice has been issued alleging that the carrier changed the service conditions of the workmen during the pendency of the conciliation proceedings under the labour law regarding the disputes. The show cause notice has been issued as