GOVERNMENT JOB
Why Budget 2024 must have more than Sensex on its radar
Budget 2024: The Union budget is set to dominate headlines in India, with the question of whether realpolitik or coalition compulsions will dictate the budget's economic policy. The interplay between economics and politics is not new to India, as it is part of elected democracies. The BJP's performance fell short of expectations due to inflation and unemployment, both factors within the domain of economic policy.
Law to curb paper leaks during ongoing legislature session: Devendra Fadnavis
Congress member Balasaheb Thorat, NCP (SP) legislator Rohit Pawar, BJP's Ashish Shelar and Bhaskar Jadhav of the Shiv Sena (UBT) asked the government if it will enact a strong law to curb paper leaks.
How Bengaluru's IT professionals could benefit from proposed Hosur airport
Proposed Hosur International Airport gains support for boosting regional development and creating job opportunities along the Tamil Nadu-Karnataka border. The proposed international airport in Hosur aims to benefit Bengaluru's IT corridor and Electronics City, alleviating the long commute to Kempegowda International Airport. Tamil Nadu Chief Minister M.K. Stalin announced the airport will handle 30 million passengers annually, boosting the socio-economic development of Hosur and neighboring districts.
Interviewers don't have access to candidate's quota info: UP Govt
The govt's replay came after Apna Dal (S) chief Anupriya Patel alleged bias against backward, scheduled caste (SC) and scheduled tribe (ST) aspirants. The state government further said that if aspirants belonging to any category do not get the average qualification marks, then the commission does not have the right to change the unfilled vacancies into a different category and that these vacancies are "carried forward".
Jobs, inflation data may break the US Treasury market out of narrow range
Bond market trends are closely tied to Powell's testimony, economic indicators, and Treasury yield movements. Factors like the recent Australia inflation rebound, central bank actions, and insights from Macquarie Group are key considerations for investors navigating market uncertainties.
Reserved vacancies in UP sometimes filled with General candidates: Anupriya Patel to UP CM Yogi
Union minister Anupriya Patel has raised concerns about the recruitment process in UP government jobs, particularly those given through interviews. She claims reserved category vacancies are sometimes filled with general candidates, as no suitable reserved category candidate has been found. Patel, an OBC, argues that candidates from OBC/SC/ST categories have met the minimum qualifying criteria and are eligible for these posts.
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Prematurely retire non-performers from service: Centre to PSUs, PSBs and other statutory bodies
The Centre has instructed all ministries to promptly review employees' performance to identify non-performers for premature retirement. The Department of Personnel and Training (DoPT) mandated adherence to guidelines under Fundamental and Pension Rules to ensure efficiency in government operations. Ministries must submit monthly reports starting July 2024 as per DoPT's 2020 directives
Haryana government may file review petition: CM after SC junks state's plea on quashing extra-marks policy
Haryana Chief Minister considers review petition or bill after Supreme Court upholds high court order quashing state's policy of granting extra marks in job exams. The policy, termed 'populist measure', was struck down by a vacation bench of Justices Abhay S Oka and Rajesh Bindal.
Centre notifies rules under anti-paper leak law, mandates NRA to prepare SOPs for tests
The Indian government has released rules under the Public Examinations (Prevention of Unfair Means) Act, 2024, which mandates the National Recruitment Agency (NRA) to prepare norms, standards, and guidelines for computer-based tests. The Act, passed by Rajya Sabha and Lok Sabha, aims to prevent unfair means in public examinations conducted by various public bodies.
View: Some suggestions for systemic improvements to minimise, or stop, future NEET-NET-type leaks
Recent events have put the National Testing Agency (NTA) under scrutiny due to the leakage of the NEET-UG test paper, impacting admission to medical colleges. With over 2 million students taking the NEET exam annually for around 1 lakh competitive seats, the stakes are high for career-defining opportunities.
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.
Sarkari babus don't be late to office or you'll lose attendance; Centre cracks whip on latecomers
The Centre's DoPT mandates biometric attendance by 9:15 AM, allowing a 15-minute delay with half-day leave deduction for latecomers. The directive enforces punctuality and advance notice, addressing concerns post-Covid-19 outbreak.
India business activity rises in June, job creation at 18-year high
India's business activity expanded at a faster pace this month than in May, thanks to gains in manufacturing and services. The pace of job creation was at its strongest in over 18 years, marking a strong start to the country's economy this financial year. HSBC's flash India Composite Purchasing Managers' Index rose to 60.9 in June, marking nearly three years above the 50-level separating growth from contraction.
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.
Job creation is India's top economic challenge, policy experts say
According to a poll of policy experts by Reuters, tackling India's chronic joblessness will be the biggest challenge for the government over the next five years, despite the country's status as the world's fastest-growing major economy. The economy grew more than 8% last fiscal year, but this growth has not translated into sufficient job creation, particularly for young people. The recent parliamentary elections saw Prime Minister Narendra Modi's BJP losing its majority, partly due to issues such as widening inequality, inflation pressure, and a lack of well-paying jobs.
Amid protests, Gujarat govt decides to recruit 7,500 teachers
Gujarat government to recruit 7,500 TAT-cleared teachers in secondary and higher secondary schools to fill vacancies in 3 months following protests.
India's electronic manufacturing likely to double in the next five years: Govt sources
India's electronic manufacturing is likely to double in the next five years, according to sources in the Ministry of Electronics and Information Technology. The country's electronic manufacturing is likely to reach around USD 250 billion in the next 5 years, said a source in the ministry.
Andhra Pradesh govt issues order to begin teachers recruitment drive for over 16,000 vacancies
The Andhra Pradesh government has initiated the recruitment of 16,347 government teachers by issuing an order and aims to complete the process by the end of 2024. Chief Secretary Neerabh Kumar Prasad directed the school education commissioner to conduct the Mega DSC (District Selection Committee) - 2024 and fill the teacher posts by December 31, 2024.
Rural jobs, roads, housing next on government radar
The government plans to construct 30 million houses under PMAY and is focusing on addressing rural distress to boost growth in private consumption expenditure and household savings.
Sebi to hire 49 officers; invites application
Sebi initiated the hiring process for 49 Officer Grade A (Assistant Manager) positions in various departments to enhance regulatory functions.
Recruitment for 50,000 posts to be initiated soon: Haryana CM
Haryana Chief Minister Nayab Singh Saini announced that his government will begin the recruitment process to fill 50,000 vacant posts in the state, as part of its efforts to provide employment opportunities and support youth aspirations. He stressed the continuation of the "transparent" recruitment system for government jobs and praised the youth's faith in the government's functioning
Modi 3.0 has heavy lifting to do on tax reforms to managing stock risks
Economists outline key priorities for India's incoming government, emphasizing the need for growth, job creation, and macro stability. Pronab Sen highlights the importance of sustainable livelihoods, while Pranjul Bhandari suggests that 'easy' reforms could maintain 6.5% growth. However, achieving 70 million jobs requires politically sensitive reforms in agriculture, labor, and land. Additional recommendations include infrastructure investment, judicial reforms, enhancing export competitiveness, and further tax reforms, particularly bringing petroleum and power under GST.
Government seeks candidates for new chief at Indian Oil
The petroleum ministry recommended a tenure extension for SM Vaidya, but the prime minister's office rejected it. Speculation arises about Vaidya's future as his term nears an end.
Job market recovery may slow, for now
The absence of a decisive mandate in the 2024 elections may impact job market recovery temporarily. Coalition partners will have a stronger voice in policy decisions, affecting investor sentiment. Experts anticipate a short-term slowdown in job creation.
India’s GDP growth under Modi govt fetched it global fame, but why did it leave the desi electorate unimpressed?
Despite an 8.2% economic growth in 2023-24, India’s incumbent government didn't gain the expected electoral advantage due to a jobs crisis. While GDP rebounded swiftly post-Covid, formal job growth lagged. A rise in self-employment highlights insufficient job opportunities, reflecting the weak link between GDP growth and quality employment. In poorer regions like eastern UP, north Karnataka, and east Maharashtra, stagnant incomes and inflation further worsened living standards.
India, UK begin talks on recognising and mapping skill gaps
India is discussing skill mapping and mutual recognition of skills with the UK to enhance job opportunities for its workforce. The focus is on linking the NCS portal with the UK job portal and facilitating worker exchange in labour-intensive sectors under the MMPA.
UK workers' union says will proceed with industrial action at Tata Steel plants
Unite the Union said on Thursday that its workers will begin "working to rule" as well as taking part in a continuous overtime ban from June 18 to "severely disrupt and delay" the company's operations and order book unless the company rows back on the closure. It is calling for the Indian steel major to halt its plans until the July 4 General Election, when it expects the UK's Conservative Party led government will make way for the Opposition Labour Party.
View: Raise a glass to the job creators
In a recent interview, Narendra Modi emphasized the importance of supporting businesses and avoiding demonization. The Prime Minister's stance received positive feedback, contrasting with past socialist inclinations.
Tamil Nadu warns job seekers to remain cautious while accepting jobs in Southeast Asia
The Tamil Nadu government warns against deceptive job offers from Southeast Asia, urging caution among job seekers. Instances of coercion into illicit activities prompt legal action against offenders. The Non-Resident Tamils’ Welfare Department intervenes, rescuing victims and stressing the importance of thorough background checks. Vigilance is crucial to protect against exploitation and abuse in foreign employment.
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