With the sector advancing at an impressive CAGR of 25-30%, projections indicate the creation of 12 million jobs, encompassing 3 million direct and 9 million indirect roles.
Scholz pushes early EU FTA; Modi says right time to join India growth story
The Ministry of Skill Development and Entrepreneurship and Swiggy on Saturday launched an initiative to provide skilling and employment opportunities within Swiggy's food delivery and the quick commerce network. The partnership will benefit 2.4 lakh delivery partners and staff of restaurant partners associated with Swiggy. The initiative will provide employment, internship and training opportunities for people in restaurant operations, and various aspects of retail management. Under the Swiggy Skills initiative, its delivery partner platform will be integrated with Skill India Digital Hub (SIDH), providing access to online skill development courses, certifications, and training modules to Swiggy's workforce. Jayant Chaudhary, Union Minister of State (Independent Charge) for Skill Development and Entrepreneurship (MSDE), said, "Today's partnership showcases how public private partnerships can accelerate and create new avenues for the workforce in the (logistics) sector. There are hu
When electrical engineer Preetam Gaikwad first moved to Jena in 2013, she was smitten by what the eastern German city had to offer: a prestigious university, top research institutions, and cutting-edge technology companies, global leaders in their field. Eleven years later, the Indian native takes a more sober view. I'm really worried about the development of the political situation here, Gaikwad, 43 said. Jena is in the eastern German state of Thuringia, which has elections on September 1. The far-right Alternative for Germany party, or AfD, is currently leading the polls with about 30 per cent support, far ahead of the centre-right Christian Democrats (21 per cent) and the centre-left Social Democrats of Chancellor Olaf Scholz (7 per cent). The AfD's anti-foreigner stance is the cornerstone of its campaign, raising concern among businesses like Jenoptik, Gaikwad's employer. The company, which supplied lens assemblies for Perseverance, the NASA remote vehicle on Mars, employs 1,68
In July, the Union Budget announced a set of five schemes at a cost of Rs 2 trillion for skilling and employment as part of the Prime Minister's package
Companies are actively hiring for roles such as application developer, software engineer, full-stack developer, and senior software engineer, said the report
At 'Budget with BS: The Fine Print,' Finance Secretary TV Somanathan said companies costs for interns will be funded through their CSR budgets
Severe skilled, unskilled shortage threatens to pull emergency brake on India's industrial engine
The demand for skilled blue-collar workers from India has gone up by 25 per cent in the UAE during May 2023-April 2024, compared to the same period of the previous year, especially in sectors including technology, healthcare, construction, among others, a report said on Tuesday. According to a report by blue-collar worker marketplace Huntr, the demand for skilled blue-collar workers from India has surged by 25 per cent during May 2023-April 2024, as compared to the same period of the previous year. In terms of job roles, the demand for electricians, plumbers and technicians has grown at a rate of around 20-25 per cent over the past year, it added. However, the demand for non-skilled workers has seen a more modest increase of approximately 10-15 per cent leading to a decline in the migration of non-skilled workforce by around 10 per cent, it noted. The report by Huntr is based on quantitative surveys with qualitative interviews with 1,00,000 blue workers enrolled on the platform fro
It is not really a case of jobless growth, just that job creation is more for the low-skilled
Significantly higher salary thresholds for overseas workers, including Indians, applying for the UK's Skilled Worker visas kicked in on Thursday, as part of tough new measures announced earlier to cut Britain's overall migration figures. For those applying under the Skilled Worker visa route, the salary threshold for an application will rise from GBP 26,200 to GBP 38,700 an increase of 48 per cent. The UK Home Office said it forms part of a robust and fair package of measures, which will mean 300,000 people who arrived in the UK last year would now not be able to and also prevent undercutting of domestic workers by cheap overseas labour. It's time to turn off the taps and end the flow of cheap workers from abroad. Mass migration is unsustainable, and it's simply not fair. It undercuts the wages of hard-working people who are just trying to make ends meet, said UK Home Secretary James Cleverly. We are refocusing our immigration system to prioritise the brightest and best who have t
The revised salary thresholds in UK are poised to significantly impact Indian professionals and other skilled workers globally
Mobility pacts that opened the door for Indian skilled labour were among key successes
The Telecom Sector Skill Council (TSSC) is planning to train and place over 1.5 lakh candidates in telecom and related emerging technologies in the next financial year to reduce the demand-supply workforce gap. The increasing convergence of telecom with the technology sector and especially the launch of 5G has resulted in a higher demand for skilled/unskilled/reskilled workforce in the industry. "As we witness this increasing demand in the telecom workforce, TSSC aims to empower the youth in tier II, III cities and rural areas with digital and core telecom and tech skills. In the next fiscal year, we plan to train and place over 1.5 lakh candidates in telecom and related emerging technologies," TSSC CEO Arvind Bali said on Thursday. The telecom sector is the third-largest industry in India that accounts for roughly 6.5 per cent of all foreign direct investment (FDI) inflow and also by 2027, India is anticipated to account for 11 per cent of all 5G subscriptions worldwide, he ...
The Union Cabinet granted approval for an agreement between India and Italy to promote mobility students, skilled workers, business professionals, and young talent
Govt in discussion with several countries to send skilled workers
The data showed that 13,944 skilled candidates got jobs in Saudi Arabia, followed by Qatar (3646), United Arab Emirates (2832) and the United Kingdom (1248)
But only 40% of Indian graduates in computer science, IT, and math are employable in tech sector
The MoU was signed in the presence of Minister for Railways, Communications and Electronics and Information Technology, Ashwini Vaishnaw
The prime minister also made a strong pitch for United Nations reforms in line with the changing realities of the world and to ensure representation of voices that matter