The other dominant fear among the people is the irrational behaviour of people, once the lockdown is lifted.
'A start-up with 100 people has reduced the strength to 60-80 people to reduce cost.' 'Even if there is attrition, they prefer not to replace them.'
About 56 million Indians may have plunged into extreme poverty in 2020 as a result of the pandemic, increasing the global tally by 71 million and making it the worst year for poverty reduction since World War II, according to fresh estimates by the World Bank. "The global goal of ending extreme poverty by 2030 is likely to be missed: By then, about 600 million people will remain in abject poverty. A major course correction is needed," Indermit Gill, chief economist at the World Bank, tweeted. The World Bank in its latest "Poverty and Shared Prosperity" made fresh estimates of poverty using a new extreme poverty line based on the purchasing power parity (PPP) of $2.15, the earlier one being at $1.9.
There has been a 45 per cent growth in 'active internet users' in rural India since 2019, according a study by Nielsen, a global company for audience measurement, data and analytics. The Bharat 2.0 Internet report said that female active internet users grew by 61 per cent since 2019. The report said that India has 646 million active Internet users aged 2 years and above as of December 2021. Rural India has 352 million internet users--almost 20 per cent higher than urban.
The most common abuse happens in marriages in the confines of one's own home. Be it raising a hand on one's spouse without the slightest provocation, or abusing them without their consent, notes Aarti David.
The IIT-Bombay features on number 53 the top 100 for engineering while IIM-Bangalore finds a spot in the 101-150 category.
Increasing female economic participation by ensuring equal work opportunities for women and expanding access to education and skills training for female entrepreneurs.
The Transparency International survey found 69 per cent in India as saying they had to pay a bribe, followed by 65 per cent in Vietnam. China was much lower at 26 per cent while the same for Pakistan was 40 per cent.
The employment rate (number of person unemployed per 1000 person in the labour force) according to usual status was 17 in the rural areas and 45 in the urban locations.
Adapting to an inevitable digital intervention is India's only hope at beating a long-standing job crisis. To do so, focus on quality education and better skill development is fundamental, says Dr Yogesh Kumar Bhatt.
Indians are more vulnerable to technology support-related scams compared to the global average, and lost over Rs 15,000 on average in such scam, a Microsoft research has found. According to the 2021 Global Tech Support Scam Research report, which looks at tech support scams and their impact, consumers in India experienced a relatively high scam encounter rate of 69 per cent during the past 12 months, close to the 70 per cent rate experienced in 2018. In contrast, there was an overall five-point drop in scam encounters globally with a rate of 59 per cent over the same period. The survey was conducted in Spring 2021 and asked consumers to share their experiences with tech support scams for the year prior (January 2020 to present).
Lack of literacy is compromising the ability of farmers in India and China, two of the world's most populous countries with the smallest farm size, to raise productivity without losing soil fertility, says Kunal Bose.
The crisis in Indian banking has now reached a point where the NPAs of many public-sector banks are higher than their net worth
If everybody is 'working' from home, then how has TV consumption gone up? Who is making all that gourmet food being posted on social media?
Indian women have education, inspiration and perspiration -- but not enough employment, points out Mahesh Vyas.
With India poised to become the largest economy in the world by 2030, it cannot afford to leave half of its workforce behind.
While Norway tops the list, India's ranking is the lowest among BRICS economies
'50% of students lose out because of lack of English language skills.' 'Only 15% to 20% have the functional skills companies are looking for.'
In this interview with Rediff.com's Shobha Warrier, Ashok Kumar E R, the CEO and co-founder of Scripbox shares some more interesting observations about the way Indian women make financial decisions and offers advice on how, with the apt guidance and information, they could do a lot better.
The survey found that towns with less than 2 lakh population collectively returned a much higher number of internet users that the top four metros put together.
During the UPA government's second term in office, rural India's consumption expenditure grew at a faster pace than urban India's - for the first time since 1991.
China's Xiaomi to unveil its first India-made phone on Monday
It keeps getting harder every day for the government to drive its narrative that ample jobs are being created. They sound increasingly silly as they try to defend the indefensible, says Mahesh Vyas.
The intent to hire in the current quarter is likely to rise by 7 per cent over the previous three months if further lockdowns and workplace operating rules are not enforced, mainly driven by demand in healthcare, pharmaceuticals, educational services, ecommerce and technology start-ups and IT, according to a report. In fact, out of the 21 sectors reviewed, more than 8 sectors will witness a 9-11 per cent rise in their intent to hire in the current quarter, TeamLease Employment Outlook Report has revealed.
'Besides electoral opportunism, a sustained vilification of AMU on one or the other pretext helps them sustain their 'everyday communalism', the new strategy of the BJP of the Narendra Damodardas Modi-Amit Anilchandra Shah era,' says Mohammad Sajjad.
India has already termed as untenable the 'artificial enlargement' of the territorial claims by Nepal after its Parliament unanimously approved the new political map of the country featuring Lipulekh, Kalapani and Limpiyadhura areas which India maintains belongs to it.
'... because their parents wanted a boy.' 'But over 2 million women go every year due to sex-selective abortion, disease, neglect or inadequate nutrition,' says Devangshu Datta.
The wealth of India's richest 1 per cent increased by over Rs 20.9 lakh crore during 2017.
'The rise in unemployment, underemployment, discouraged workers and job insecurity is likely to continue, with very adverse consequences for the nation's economic well-being and social cohesion,' warns Shankar Acharya.
According to an Assocham survey, India Inc is not expecting much for itself in the upcoming Budget. The Budget is most likely to benefit the common man.
A survey of 300 engineering colleges revealed that only 29 per cent engineers are employable, while 30 per cent can be made employable after further studies, whereas 48 per cent are simply not employable
Time is running out: Will India manage to attain goals set by the UN.
Why are the poor turning Right instead of turning toward far-Left parties, ponders Pranab Bardhan.
The Manpower Employment Outlook Survey released on Tuesday also said that hiring activities are picking up in some sectors on the hopes of 'business sentiment turning positive in anticipation of a stable government coming to the helm'.
The first step is to estimate the retirement corpus you would need and to compute the approximate amount you can set aside every month, says V Viswanand, Senior Director and Chief Operations Officer, Max Life Insurance
Various indicators make it amply clear that there are grave challenges facing the new government of Chief Minister Nitish Kumar, reports Indivjal Dhasmana.
'Under-employment continues to be a very big problem.' 'What we see today is many youth who would have accepted any kind of job are not willing to accept any job.' 'They are ready to wait for a better job, one that justifies their educational qualification. 'This is one of the reasons why unemployment has risen.'
Whether India can create labour-intensive factory jobs instead that it needs to put millions to work in the next few years looks very unlikely.
The death toll also saw a record single-day increase of over 350 fatalities to move closer to the 8,500-mark, more than one-third of which have been recorded in 11 days since June 1 -- the day that marked the beginning of a phased exit from most restrictions imposed under a nationwide lockdown with effect from March 25.
'Young talent should not run after procuring certificates, but try and get hands on experience which will help them to be job ready.' 'Learning for the sake of learning does not make sense when it comes to securing a job.'
