Business Standard

unorganised sector

Own Account Enterprises rose by 6.5 mn between 2010 and 2023: NSO data

Contrarily, total number of workers employed by OAEs declined by 1.81 million to 67.95 million in this period

Own Account Enterprises rose by 6.5 mn between 2010 and 2023: NSO data
Updated On : 11 Jul 2024 | 12:43 AM IST

Worker groups demand social security fund for unorganised workers in Budget

The matter was also discussed with the finance minister Nirmala Sitharaman on Monday as central trade unions made representations as part of the pre-Budget consultation

Worker groups demand social security fund for unorganised workers in Budget
Updated On : 26 Jun 2024 | 11:48 PM IST

Pension plan for unorganised sector sees only 5 mn subscribers in 5 years

Experts attribute the slow offtake under the scheme to high inflation and rise in cost of living

Pension plan for unorganised sector sees only 5 mn subscribers in 5 years
Updated On : 02 May 2024 | 2:50 AM IST

Centre plans to extend PMSBY claims deadline for informal workers

Between August 2021 and March 2022, close to 270 million workers had registered on the e-Shram portal

Centre plans to extend PMSBY claims deadline for informal workers
Updated On : 21 Apr 2024 | 10:49 PM IST

Wider social security net on cards for unorganised sector workers

Meetings have already begun with the relevant ministries and government depts

Wider social security net on cards for unorganised sector workers
Updated On : 17 Apr 2024 | 11:09 PM IST

Flexi staffing industry grows 3.6% in December quarter of FY24: Report

The staffing industry grew 3.6 per cent in October-December 2023 as compared to the previous quarter, the Indian Staffing Federation (ISF) said on Monday. ISF, the apex industry body representing manpower outsourcing industry, released the Flexi Staffing Industry Employment growth report for Q3 FY2024 (October-December 2023). The staffing industry witnessed a 3.6 per cent growth in December quarter FY24 in comparison to July-September period, recording a robust demand for flexi (contract) workforce, ISF said in a statement. The staffing industry grew at 16.4 per cent year-on-year in the period January-December 2023. The rise in employment was particularly notable in key sectors such as e-commerce, retail, FMCG, logistics, manufacturing, hospitality, tourism, aviation, energy etc, it stated. The report highlighted that as of December 2023, the total formal flexi workforce employed by members of ISF reached 1.62 million. The reported figures for new flexi jobs by ISF represent the

Flexi staffing industry grows 3.6% in December quarter of FY24: Report
Updated On : 15 Apr 2024 | 4:54 PM IST

BS Manthan: Unorganised sector prone to climate risk, say experts

Experts say states that announced green policies have led the investment pack

BS Manthan: Unorganised sector prone to climate risk, say experts
Updated On : 28 Mar 2024 | 11:57 PM IST

ESIC considers to extend medical benefits to unorganised, gig workers

Employees' State Insurance Corporation has already initiated several discussions with various stakeholders

ESIC considers to extend medical benefits to unorganised, gig workers
Updated On : 17 Jan 2024 | 11:27 PM IST

Industry bodies eye access to the e-shram portal to fill talent gap

Industry has asked for access to the e-Shram database which will help us enable skilling and employability of the unorganised workforce in the country

Industry bodies eye access to the e-shram portal to fill talent gap
Updated On : 09 Jan 2024 | 11:46 PM IST

As firms go on hiring freeze, freshers looking for jobs hit record-high

As many as 2.6 million freshers were actively looking for job opportunities in the last 30 days

As firms go on hiring freeze, freshers looking for jobs hit record-high
Updated On : 04 Oct 2023 | 11:04 AM IST

AU SFB to Ujjivan SFB: Where do small finance banks go from here?

UCBs that aspire to become SFBs do not want the same limits on loan size and priority sector targets that SFBs have, especially when not many of them have sought to become SFBs

AU SFB to Ujjivan SFB: Where do small finance banks go from here?
Updated On : 28 Sep 2023 | 11:52 PM IST

Only 3.62% of Rajasthan's workers registered to Centre's pension scheme

Four years since its launch, the Rajasthan authorities have managed to enrol less than five per cent of its unorganised workers in the Pradhan Mantri Shram Yogi Maandhan Yojana

Only 3.62% of Rajasthan's workers registered to Centre's pension scheme
Updated On : 21 Sep 2023 | 4:48 PM IST

Despite Centre's continued push, fresh registrations on e-shram portal fall

After registering 270 million unorganised workers between August 2021 and March 2022, only 11.7 million workers were registered in 2022-23 against a target of 50 million

Despite Centre's continued push, fresh registrations on e-shram portal fall
Updated On : 30 Jun 2023 | 9:23 PM IST

Labour minister launches features on eShram portal for unorganised workers

Union labour minister Bhupender Yadav on Monday launched new features on eShram portal including the one which will help in capturing family details of migrant workers for providing the benefit of child education and women centric schemes. Registered workers can now connect with employment opportunities, skilling, apprenticeship, pension scheme, digital skilling and states' schemes through eShram portal, a labour ministry statement said. Union Minister for Labour & Employment Bhupender Yadav launched new features in eShram Portal today (Monday), it stated. The new features added in eShram portal will enhance the utility of the portal and facilitate ease of registration for unorganised workers, it claimed. A feature of capturing family details of migrant worker has been added to the eShram portal, the ministry said. It explained that this feature can help in providing child education and women centric schemes to the workers who have migrated with family. Further, it stated that a

Labour minister launches features on eShram portal for unorganised workers
Updated On : 24 Apr 2023 | 7:20 PM IST

Delhi govt hikes minimum wages of workers in unorganised sector: Report

The Delhi government has raised the minimum wages of workers in the unorganised sector, saying this will be a respite for them from inflation. The new rates of minimum wages will be effective from April 1, the government said in a statement. The minimum wage given to labourers in Delhi is the "highest" as compared to other states of the country. Lakhs of labourers and employees in Delhi will get the benefit, claimed Delhi Labour Minister Raaj Kumar Anand. According to the new rates, the monthly wage of skilled workers has been increased from Rs 20,357 to Rs 20,903, a hike of Rs 546. The monthly salary of semi-skilled workers has been increased by Rs 494 per month from Rs 18,499 to Rs 18,993, the statement said. There will a monthly raise of Rs 442 in the minimum wages of unskilled workers, from Rs 16,792 to Rs 17,234. Supervisors and clerical employees in Delhi will also benefit from the new rates of minimum wages issued by the Delhi government, the statement said. According to t

Delhi govt hikes minimum wages of workers in unorganised sector: Report
Updated On : 20 Apr 2023 | 11:39 PM IST

Pension scheme for unorganised workers being evaluated: Govt to House panel

Against an enrollment target of 10 mn beneficiaries in each of the financial years starting 2020-21, only 522,868 workers were enrolled in the scheme in the past three years till Dec 2022

Pension scheme for unorganised workers being evaluated: Govt to House panel
Updated On : 15 Mar 2023 | 10:32 PM IST

Women in Indian informal sector ready for lower wages for health benefits

There is a growing aspirational shift in the mindset of female representatives in the informal workforce, as a significant percentage of women said they are ready to compromise on higher salaries in lieu of health benefits, according to a survey. As per the survey by business service provider Quess Corp, 63 per cent of women in the Indian informal economy would compromise on salaries for health security benefits, compared to only 28 per cent of men. For the report, 4,179 respondents were surveyed between September 2022 and January 2023. For an increasing proportion of female employees, job security, training and career development are becoming absolute priorities even beyond the contents of their pay slips, it said. "We must acknowledge the value and contribution of women to India's informal formal economy, while simultaneously acknowledging that their requirements have now evolved. "India Inc must invest in training and skill development for better employability of women, helpin

Women in Indian informal sector ready for lower wages for health benefits
Updated On : 07 Mar 2023 | 5:10 PM IST

Centre working to bring retail trade, e-commerce policies: Govt official

The government is working to bring a national retail trade and e-commerce policy to promote the growth of the sector in the country, a senior official said on Monday. Joint Secretary in the Department for Promotion of Industry and Internal Trade (DPIIT) Sanjiv said that the retail trade policy would provide brick and mortar retail traders a business friendly environment, modern infrastructure facilities and easy access to credit. The policy is expedited to focus on formulating strategies to provide a globally competitive and sustainable environment for the overall development of retail trade through targeted efforts. The Department, he said, is also working to bring an e-commerce policy for online retailers. "We want that there should be a synergy between e-commerce as well as retail traders," Sanjiv said at a conference on FMCG and e-commerce here. The Department is also in the process of formulating an insurance scheme for all the retail traders. The accident insurance scheme w

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Updated On : 06 Mar 2023 | 5:54 PM IST

ONDC to support small retailers against large tech-based e-com firms: Goyal

The Open Network for Digital Commerce (ONDC), a unified payments interface-type protocol, will help small retailers survive the onslaught of large tech-based e-commerce companies, Commerce and Industry Minister Piyush Goyal said on Monday. ONDC is an initiative of the ministry to help small retailers expand their business and reduce the dominance of e-commerce giants. It aims to build an open, interoperable network on which buyers and sellers can transact without needing to be present on the same platform. It offers small retailers an opportunity to provide their services, and goods to buyers across the country through an e-commerce system, where buyers will be able to purchase the products, which are sold on any platform. "ONDC will help our small retail survive the onslaught of large tech-based e-commerce companies," Goyal said here at an event on the retail sector. He said that the effort is to encourage small companies, and startups to integrate into the e-commerce ...

ONDC to support small retailers against large tech-based e-com firms: Goyal
Updated On : 06 Mar 2023 | 5:06 PM IST

A first: Atal Pension Yojana logs 10 million enrolments in a calendar year

The number of enrolments in 2022 rose to 12.5 million from 9.2 million in 2021

A first: Atal Pension Yojana logs 10 million enrolments in a calendar year
Updated On : 22 Jan 2023 | 10:43 PM IST