CREATING JOBS
Stop diverting attention, create opportunities for youth: Priyanka Gandhi to PM Modi
In a post in Hindi on X, Priyanka Gandhi said, "A few days ago, the prime minister was saying in Mumbai that we have broken records by providing employment to so many crores of people. Today, a video of a huge crowd of unemployed people who had come to the same Mumbai for a few vacancies is going viral. Before this, 15 lakh unemployed people had come to a hotel in Gujarat for 25 vacancies and a stampede-like situation had developed."
No takers for 18 lakh jobs in financial services sector in India: FBSB India CEO
India is grappling with unemployability in the financial services sector, with nearly 18 lakh jobs not filled last year. GIFT City in Gandhinagar, which employs nearly 6,000 people, is expected to generate nearly 1.5 lakh jobs in the next five years. FPSB India CEO Krishan Mishra said that banks, insurance companies, brokerage houses, and mutual fund companies need trained professionals, and that there are about 40 times as many jobs as the number of Certified Financial Planner (CFP) professionals available.
India's covid-year employment spike led by agriculture: RBI Data
RBI data showed surge in employment during pandemic year despite GDP contraction. Agriculture, construction, and health sectors lead the way with millions of new jobs. PM Modi claims 80 million jobs created, silencing critics. Debate rages on as experts question the true impact. Unprecedented growth in job numbers stuns analysts and sparks controversy.
Vizhinjam port has created 2,000 direct and indirect jobs, will create 5,500 more by 2028-29: Karan Adani
The mothership 'San Fernando' recently berthed at the new Vizhinjam International Seaport, marking a historic day for India's maritime industry and its entry into global transshipment. The port is poised to become a critical player in international trade routes, boasting state-of-the-art infrastructure and advanced technologies. With a significant investment and job creation, Vizhinjam is set to revolutionize maritime operations and solidify its position as a key transshipment port.
12.5 crore jobs created under Modi govt; 2.9 crore under UPA rule: Hardeep Puri lauds SBI report
Union Minister Hardeep Singh Puri praised a State Bank of India (SBI) report noting that the Modi-led government created 12.5 crore jobs in the past decade, contrasting sharply with the 2.9 crore jobs generated during the UPA's rule. Puri highlighted India's ascent to the world's fifth largest economy and its path towards becoming the third largest.
In last 10 years, a total of 12.5 crore jobs created: Hardeep Singh Puri cites SBI report, praises Modi Govt
Union Minister of Petroleum and Natural Gas Hardeep Singh Puri on July 11 praised the Modi Government after a report was released indicating that around 12.5 crore jobs were created during the last 10 years. The Union Minister also said that ...
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220,000 flexible jobs created in 2023-24: ISF report
“The staffing industry also continued to demonstrate QoQ (quarter-on-quarter) growth of 2.3% in Q4 FY24, adding 30,000 new flexi employment opportunities. The market witnessed a significant improvement across most sectors," said Lohit Bhatia, president, ISF.
Graphics with ET: Centre to continue to focus on infrastructure creation in Budget 2024
The Centre remains dedicated to transforming India into a developed nation by 2047, with a continued emphasis on building infrastructure to attract investments, generate employment, lower logistics expenses, and improve the business environment. ET examines the desired improvements in the road sector.
KVIC turnover crosses Rs 1.5 lakh cr, 10 lakh jobs created in FY24: Chairman
Khadi and Village Industries' annual turnover surpassed Rs 1.5 lakh crore for the first time in the fiscal year 2023-24, creating over 10 lakh new jobs, Chairman Manoj Kumar announced on Tuesday. The provisional figures for 2023-24 released by KVIC indicate significant growth over the last decade, with a 315 percent increase in production and a 400 percent rise in sales.
India created over 80 million jobs from FY’18 to FY’22, says ministry of labour and employment
Quoting the data from the Periodic Labour Force Survey and the KLEMS data of the Reserve Bank of India, the ministry said on Monday that this translated to an average of over 20 million jobs or employment per year and demonstrates the effectiveness of various government initiatives aimed at boosting employment across sectors.
'Jobless growth': Congress slams govt over 'accentuated unemployment crisis'
The Congress criticized the Modi government for exacerbating India's unemployment crisis due to failed policies like demonetization and GST. Citing a Citigroup report, they highlighted the urgent need for job creation and reforms to address the high unemployment rates in the country.
UP govt says Noida Film City project to create 50,000 jobs, benefit 5-7 lakh people indirectly
YEIDA chief executive officer Arun Vir Singh said the constitution of a film city alongside the upcoming airport in Jewar was Adityanath' vision, which is now set to become a reality. "Construction of the Film City is scheduled to begin within the next four to six months, with film-related activities expected to commence within three years," Singh said.
As tech grip on medical industry becomes stronger, it creates space for new jobs profiles
Ebenazer Paul highlights the increasing demand for skilled professionals in medical billing and coding, driven by technological advancements and evolving healthcare regulations. The industry offers diverse opportunities for growth and specialization, with a focus on continuous education and certifications to stay competitive.
AI will eliminate certain roles, but will create more jobs than it eliminates: Deloitte AI exec
In an interview with PTI, Tandon, Managing Director, AI and Insights Practice Leader, Deloitte LLP, said AI will not snatch jobs, but will simply do away with some of the easier jobs, and create new roles.
How to create a successful green career: Read what experienced professionals have to say
The green industry is booming with opportunities for young professionals seeking fulfilling careers. Insights from industry experts reveal the motivations behind choosing green roles, the evolving scope of sustainability positions, educational requirements, salary expectations, and challenges faced in navigating this dynamic sector.
Yoga can attract more tourists to J-K, create jobs for locals: PM Modi
Prime Minister Narendra Modi stated on Friday that yoga could help Jammu and Kashmir attract more tourists and offer new livelihood opportunities for local residents. His remarks were made during an address on the 10th International Yoga Day by the banks of Dal Lake. Modi pointed to a recent competition in Egypt where yoga was used to promote tourism.
Get on the job of jobs
A thorough assessment of historical and current employment trends across sectors leads to a deeper dive into complexities of jobless growth. Mapping out the strengths and weaknesses of each sector is crucial for formulating strategies to enhance job-creating potential. In addition to understanding the employment-generation capacities of different sectors, India's low labour force participation rate (LFPR) poses a significant challenge.
Salesforce, its partners expected to create 1.8 million new jobs in India by 2028: IDC report
Salesforce in India is set to create 1.8 million jobs and $88.6 billion in revenues by 2028 through AI-driven initiatives. The company's focus on public sector solutions and digital lending reflects its commitment to India's growth.
Indian Railways creates 13,000 new jobs for train drivers after West Bengal accident
According to instructions issued to general managers of all Zonal Railways, 18,799 vacancies for assistant locopilots (ALP) have been approved by the Railway Board. This is over 3.3 times the 5696 vacancies for ALP notified in January 2024.
Are senior GCC roles creating an opportunity for IT services professionals?
The mushrooming of global capability centers is driving the need for senior talent sourced from the IT services industry, with a shift to GCCs. Indian GCCs offer value in cost efficiency, innovation, and market expansion, attracting senior IT executives for global leadership roles.
Retail, ecommerce create job openings for freshers and experienced professionals
A recent report by GI Group Holding India reveals increasing job opportunities in retail and e-commerce, with retail seeking fresh hires and e-commerce targeting experienced professionals. Applications for retail jobs rose by 8% in 2023, driven by young talent aged 18-30. The logistics sector, crucial for delivery, is also thriving, especially in tier-1 cities.
Green energy will help fight pollution and create jobs in India
India, committed to climate mitigation programme, today stands 4th globally in renewable energy installed capacity, 4th in wind power capacity and 5th in solar power capacity, as per International Renewable Energy Agency - Renewable capacity statistics 2023.
Leather exporters seek national policy to attract investments, create jobs, boost shipments
CLE Executive Director R Selvam said that the sector needs a national policy as it is a labour-intensive sector, which employs about 4.4 million, with over 85 per cent women.
Dubai-based Pluugin e-commerce plans expansion in India, create 2,000 jobs in 3 years
Dubai-based Pluugin E-commerce plans to expand in India, aiming to create over 2,100 jobs in three years and achieve full pan-India coverage within 12 months. India will also serve as the backend office for operations in Bangladesh, Nepal, and Sri Lanka. The company focuses on MSMEs, promoting a global presence for 'Make in India' brands.
EPFO created 11.4% more formal jobs in 2023-24 at 15.4 million, shows payroll data
The provisional payroll data, released by the ministry of labour and employment on Monday, shows 1.44 million net members were added to EPFO in March, 2024 vis-a-vis 1.54 million added in February out of which 0.74 million were new members.
India needs to create 115 million jobs by 2030, research shows
India needs to create 115 million jobs by 2030 to boost services and manufacturing for economic expansion. The country must generate 16.5 million jobs annually, 10.4 million from the formal sector, to address high youth unemployment and low labor force participation rate.
Hotels up hiring game: About 100,000 jobs likely to be created in 12-18 months
Hotels across segments are ramping up their workforce as they are adding more rooms and entering new markets amid a strong pickup in business and leisure travel. The jobs they are recruiting for are a mix of permanent, temporary and gig, said Balasubramanian A, vice president and head of consumer, hospitality and ecommerce at TeamLease.
Over 514 million jobs created during 2014-2024
The report is based on 80 case studies covering borrowers who took multiple loans and data of various government schemes.
51.40 crore person-years employment generated during 2014-24: SKOCH Report
A recent SKOCH report revealed that between 2014 and 2024, the Modi government regime generated 51.40 crore person years of employment. The report, titled "Employment Generative Impact of ModiNomics: The Paradigm Shifts," is based on 80 case studies and data from various government schemes. It found that governance-led interventions created 19.79 crore jobs, while credit-led interventions contributed 31.61 crore jobs.
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