Of the Rs 31,820.80 crore allocated to central sector schemes and projects, only Rs 11,868.05 crore was utilised, according to the revised estimates.
'It will increase the contribution to gratuity, which is something the employer has to give.'
Microsoft CEO Satya Nadella on Tuesday announced plans to invest $17.5 billion in India to help build infrastructure and sovereign capabilities for the country's AI-first future, marking the third major AI-driven investment in the country in the past two months. Microsoft said that the $17.5 billion (around Rs 1.58 lakh crore) investment builds on the $3 billion (around Rs 26,955 crore) funding announced earlier this year, which the company is on track to spend by the end of CY (calendar year) 2026.
A lowdown on how this career portal launched by the Government of India will change your search for jobs forever
The labour ministry on Thursday held discussions with representatives of private job portals, including Naukri, Monster, LinkedIn, Indeed and TimesJobs. The ministry held discussions towards strengthening the 'Employment and Skilling Ecosystem' in India, an official release said. Sunil Barthwal, secretary, ministry of labour and employment held a meeting on 10th February 2022 with representatives of the top private job portals of the country, the release said.
Migrant workers play a very vital role in building the nation and their rights cannot be ignored at all, the Supreme Court said on Thursday while asking the Centre to devise a mechanism so that they receive food grains without ration cards.
Ushering in a big wave of reforms by implementing the four labour codes, setting up the national social security fund to cover over 38 crore informal sector workers and improving the ease of doing business will top the agenda of the labour ministry in the New Year. In a major move, the ministry launched the e-Shram portal on August 26, 2021 for creating a national database of over 38 crore informal sector workers. It will help the government to ensure last-mile delivery of benefits of various social security schemes to the informal-sector workers.
100 model career centres all across the country to help job seekers connect with potential employers and skill providers.
Entrepreneurship, education and training will be provided in 2,200 colleges, 300 schools, 500 government ITIs and 50 vocational training centres through massive open online courses.
This will incentivise employers to recruit unemployed persons and also bring into books the informal employees.
Most employment surveys suffer from drawbacks such as limited data coverage, infrequent data collection, and time lag
The government has at last commenced important structural reforms.