India's Army Chief, General Upendra Dwivedi, emphasized the Indian Army's role as a "melting pot" and cited the harmony between Kuki and Meitei soldiers in the same units as an example of the force's unifying nature. He made the remarks during a lecture in Pune, highlighting the Army's efforts to promote unity and integration within its ranks. General Dwivedi also touched upon the Army's role in internal security in Jammu and Kashmir, the Northeast, and the upcoming Olympics.
The number of monthly fresh formal hirings saw a slowdown in August, signalling a downturn in the formal labour market. In August, the number of new monthly subscribers under the Employees' Provident Fund (EPF) decreased by nearly 11 per cent to 930,000. This is a four-month low from 1.05 million in July, according to the latest monthly payroll data released by the Employees' Provident Fund Organisation (EPFO) on Sunday.
Only 13 per cent employers in India have hiring plans in the July-Septermber quarter, says a survey.
Tata Sons will likely choose Singapore as a "key partner" for its semiconductor plans, a senior minister from the city-state said on Friday. Speaking to reporters after a meeting with Tata Sons chairman N Chandrasekaran earlier in the day, Singapore's minister for home affairs and law K Shanmugam said semiconductors was a "big discussion" point during the meeting. "If they (Tatas) want to, they can do business with anybody in the world.
Retirement fund body EPFO recorded a net addition of 19.94 lakh members in July this year, the labour ministry said on Monday. Union Labour Minister Mansukh Mandaviya said at a press conference that 10.52 lakh new or first-time workers subscribed to social security schemes run by Employees' Provident Fund Organisation (EPFO). The minister said almost 20 lakh net new members addition (19.94 lakh) was recorded in July this year.
In a recent report published by the Confederation of Indian Industry and the Boston Consulting Group, has estimated India would face 'talent gap'-- the lack of right skills for the job required -- of more than 5 million by 2012, as existing educational institutions do not impart employable skills. The report titled, 'India's demographic dilemma' brings out the fact the $1.1-trillion economy will have a shortfall of 750,000 skilled workers over the next five years.
The existing strategies are based on one-size-fits-all approach.
According to the Employment Outlook Survey released on Tuesday by workforce solutions major ManpowerGroup, 41 per cent of the surveyed Indian employers are expected to add on to their staff levels in second-quarter of this calender year.
According to the ManpowerGroup Employment Outlook survey released on Tuesday, that covered 5,131 employers across India, a net 19 per cent of employers are anticipating an actual rise in their staffing numbers, while 52 per cent expect no change and 28 per cent are not sure about adding to their existing staff strength.
However, the Indian government and companies need to focus on understanding the skill sets they would need in the future and train the country's young population accordingly to maintain the supply-demand balance of the job market, Manpower Group President (Global Corporate and Government Affairs) David Arkless told PTI in an interview in Davos.
As per the survey, 7 per cent of employers anticipate an increase in payrolls, 3 per cent forecast a decrease and 54 per cent expect no change.
The Union government has ordered the complete withdrawal of the counter-terrorist commando force NSG from VIP security duties and handing over its nine "high-risk" VIPs to the CRPF by next month, official sources said Wednesday.
The strike by the Maharashtra State Road Transport Corporation (MSRTC) employees for salary hike and other demands entered the second day on Wednesday, which continued to cripple the services and cause inconvenience to lakhs of passengers, especially ahead of the Ganesh festival.
According to the Manpower Employment Outlook Survey released today by ManpowerGroup, the hiring pace for the upcoming quarter has rebound from both, last quarter and a year ago at this time.
Indian employers have robust hiring intentions for the next three months, with 49 per cent of companies planning to add more staff in the January-March quarter, as employers are positive about achieving sustained post-pandemic recovery, a survey said on Tuesday. According to the latest ManpowerGroup Employment Outlook Survey, hiring sentiment in India is the strongest reported in eight years, improving by five percentage points in comparison with the prior quarter and by 43 percentage points when compared with this time one year ago. The survey of 3,020 employers noted that 64 per cent expect to increase their staffing levels, 15 per cent anticipate a decrease and 20 per cent do not anticipate any change, resulting in a seasonally adjusted Net Employment Outlook of 49 per cent.
The July-September quarter (Q2) results for 2024-25 (FY25) from the largest listed consumer electrical solutions companies, Havells India and Polycab India, followed similar trends, demonstrating robust revenue growth while falling short of profitability expectations. Both companies witnessed overall growth in the 16-30 per cent range, but margins declined by 130-290 basis points (bps) year-on-year (Y-o-Y). Although brokerages are bullish on long-term prospects and have raised revenue projections, earnings forecasts have been revised downward due to margin pressures.
The encouraging news, however, is that India features among the top four countries out of 44 nations that projected a positive hiring trend.
Out of 24,230 IIT and NIT grads, about 8,000 students didn't find any takers during campus placement drives this year.
He made the announcement after Maharashtra minister and member of Maratha quota sub-committee Shambhuraj Desai, Shiv Sena MP Sandipan Bhumre met him at his native Antarwali Sarati village in Jalna district and discussed the issue.
'In the case of a road accident, prevention is the only answer.' 'There's no cure to death or disability when the accident happens, and when it's due to reckless or negligent driving, it's worse because it's avoidable.'
This is expected to benefit subcontractor firms such as Manpower Group, Randstad, Adecco, Kelly Services, Allegis Global Solutions and a host of other boutique staffing firms which supply skilled manpower to technology companies in the US.
State Bank of India (SBI) is planning to recruit over 15,000 people in 2024-25, increasing the strength of those in the field for marketing. The recruits will be also for deployment in the bank's operations subsidiary and expanding the branch network. The operations subsidiary - State Bank Operations Support Services - became functional last year.
'What's sad today is that there are so many people who cannot find work, not because the country is devoid of that opportunity, but because we are not doing enough in the country.'
According to ManpowerGroup's survey of more than 37,000 employers in 42 countries and territories, employers in Japan report the greatest talent shortages globally (81 per cent), followed by Peru (67 per cent) and India (64 per cent).
'The jungles of Doda covers about 250 km.' 'Sleeper cells are providing active help to the terrorists.' 'The terrain and situation is such that it is not possible to keep track of every inch.'
'India has a skill shortage of 56%.' 'This is a very interesting paradox -- the unemployment rate is 6% to 7%, and at the same time 20% of those qualified are unemployed.'
According to a global Talent Shortage Survey, Indian employers are finding it difficult to fill in positions in IT, accounting and administrative assistance.
The plan to relieve NSG from VIP security tasks has been in the making since 2012 when NSG commanders foresaw an event where simultaneous terror attacks could be witnessed at one time on multiple centres in the country and the commandos will have to be rushed in different directions.
The parliament duty group of the CRPF wound up its entire administrative and operational paraphernalia -- vehicles, weapons and commandos -- from the complex on Friday and its commander, a deputy inspector general-rank officer, handed over all the security points in the complex to the incoming CISF group, the sources said.
Several deaths were reported across the country due to rain-related incidents like lightning strikes and drowning.
According to several industry sources in the know, expenses towards deploying contractual staffer, which used to account 10 per cent of the overall billable employee cost at IT firms, has fallen to around 3 per cent. IT firms typically use the contractual workers from staffing solutions providers or subcontractors.
'There is a behavioural shift and conservativeness with companies cutting down on manpower and rationalising the number of people.'
Indian employers have the most optimistic hiring plans for the October-December quarter, driven by government's increased focus on ease of doing business.
Severe skilled, unskilled shortage threatens to pull emergency brakes on India's industrial engine.
Indian employers reported the strongest hiring plans while the weakest Asia Pacific forecast was reported in mainland China.
Globally, however, India's position is still better than other developed nations like Australia and Japan.
On July 25 and 26, the regulator's team carried out the surveillance of Air India in the areas of internal audit, accident prevention work and availability of required technical manpower.
'We have essentially tried to set out an agenda for the next five years and it, in essence, represents the political commitment to that agenda.'
The 1.4% decline projected for 2025 is driven by a 5.6% (72,000) dip in the strength of railway employees to 1.2 million by next year.
Opportunities for job seekers are expected to grow even better in 2015 with employers in India being most optimistic on hiring, says a report.
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