'it's not just youth in India who are left behind because of their inability to find jobs; nearly two-thirds of Indian women of working ages do not participate at all in the paid labour force.'
Amid the rhythmic chug of the train, a chorus of voices rises, each bearing its tale of hope and despair.
The 14-member delegation of the Apex Body Leh and Kargil Democratic Alliance met the high-powered committee for Ladakh headed by Minister of State for Home Affairs Nityanand Rai.
The ministry said the high powered committee for Ladakh headed by Minister of State for Home Nityanand Rai has been working actively with representatives of the ABL and the KDA and significant progress has been made.
'When manufacturing or even services cannot generate the kind of employment they are looking for, they prefer to be unemployed rather than under-employed.'
'If the central government does not give rights to the people of Ladakh, then it won't be good for our country.'
Private security industry is now five-million strong, but lack of rules ensures that the guards are exploited, says a report by trade unions.
Diamond cutting and polishing industry had laid off over 20 per cent of its skilled labour (total estimated strength is one million).
Currently, banks are closed every second and fourth Saturday of a month. Why shouldn't they be shut every Saturday? When most customers carry their banks in their pocket (the app on the mobile phone), there is no need to keep banks open on Saturdays, argues Tamal Bandyopadhyay.
Operations of public sector banks (PSBs) may be impacted as bank union AIBEA has given a strike call for Saturday to oppose incessant outsourcing of jobs. Although the officers are not part of the strike, there may be some impact on cash deposit and withdrawal, clearing of cheques etc. Several banks, including Bank of Baroda and Punjab & Sind Bank, have already informed their customers about the potential impact on services if November 19 strike materalises.
Samarveer, originally from Molki village in Rajasthan's Baran district, was found hanging from a ceiling fan in a room he shared with his cousin who had gone to duty at the time of the incident, the police said.
Piramal Realty will invest Rs 3,500 crore over the next two years in four ongoing housing projects as it aims to deliver a 6 million square feet area to customers, its CEO Gaurav Sawhney said. Founded in 2012, Piramal Realty is the real estate arm of the business conglomerate Piramal Group. It is one of the leading developers with 15 million square feet of residential and commercial under development in the Mumbai Metropolitan Region (MMR).
What is the lure of a government job? The answer is India's worst kept secret: Job security. And among the many government jobs desperately sought after is in the armed forces. Which is why the riots by aspiring armed forces job seekers against the government's Agnipath scheme should not really be surprising, points out Harishchandra.
It may sound bizarre, but incidents of public sector bankers dying by suicide could probably equal the number of such bankers quitting their jobs, reveals Tamal Bandyopadhyay.
Trends that added colour to workplace culture in 2022.
In December 2020, as economists debated the shape the global economic recovery might take - Z, V, U, W or L - JP Morgan came up with the concept of the K-shaped curve. The investment bank used the shape of the letter K to illustrate the growing difference between large and small businesses in the United States. Since then, as the Covid-19 pandemic exacerbated the gap between the rich and poor, the term has gained a larger connotation to embody the characteristics of development across economies.
Some of India's largest companies have seen a slowdown in the growth of temporary, contract and casual jobs, as compared to the increase in their total workforce. The absolute number of such jobs is up 30 per cent between financial year 2017-18 and 2021-22 (FY18-22), shows an analysis of data collated from the annual reports of S&P BSE 100 companies. Forty-eight firms were considered for the final analysis based on the availability of uniform data across the last five years. In comparison, the total workforce numbers are up 36 per cent in the same period.
'It's a big technology company and may offer good remuneration, but stability in my career is equally important to me.'
For large numbers of employees in the government system, the month-end salary cheque is no longer guaranteed. So the days of the government and State-owned enterprises wanting to be ideal employers are over, observes T N Ninan.
Road and rail traffic was partially affected in some regions on Monday during a 'Bharat bandh' called against the Agnipath military recruitment scheme, while protests appeared to taper off in many states, with authorities stepping up security and imposing curbs after days of unrest.
The recent spate of technical glitches in aircraft has prompted the Directorate General of Civil Aviation (DGCA) to issue an order on July 18, making aircraft maintenance engineers (AMEs) with category B1/B2 licences the final authorities in certifying planes. This has put the spotlight on the availability of such personnel. According to the order, airlines were resorting to frequent one-off authorisation by the Category A certifying staff at transit stations, which is not in line with existing regulatory provisions.
'We are worried for the workers because in the private sector, jobs are not secure, there is no decent work condition and there is no social security.' 'That's why we are opposing the economic policies of this government.'
Housing sales have jumped over two-fold during July-September period at 62,800 units across seven major cities on better demand driven by low mortgage rates and hiring in IT/ITeS sector, according to property consultant Anarock. Sales of residential properties stood at 29,520 units in the year-ago period and 24,560 units in the previous quarter. The seven cities tracked by Anarock are Delhi-NCR, Mumbai Metropolitan Region (MMR), Chennai, Kolkata, Bengaluru, Hyderabad and Pune.
Agnipath may be an exercise to address the genuine needs of the armed forces. But overall, it betrays the tendency to use the military and paramilitary for employment generation and shaping a national character, instead of treating them as the professional services they are, notes Shyam G Menon.
The top driver for the Indian workforce while choosing an employer are salary and employee benefits, followed by work-life balance and job security.
It is important for working professionals to not get attached to a designation or title or brand or a company name, asserts Aditya Malik, MD & CEO, Talentedge.
Work stress is unavoidable even if you love what you do, but there are steps you can take to keep job stress to a minimum, says Nakshi Satra, founder, Inha Wellness.
He urged employees to work as a team, follow the vision the lender has set out for itself and beat competition.
The new government order to review the service record of employees who have completed 30 years in the job to identify inefficient or corrupt staff and retire them prematurely has invited the ire of labour unions, who believe that this is a step towards privatisation.
As the BCCI works out a compensation package and a formula to distribute it for the COVID-19 hit domestic cricketers, voices demanding central contracts for such players are getting louder with seasoned names like Jaydev Unadkat, Sheldon Jackson and Harpreet Singh Bhatia leading the chorus.
In a two-pronged strategy to secure migrant workers, the Uttar Pradesh government has decided to set up a migration commission for the employment of such labourers in the state and made it clear that any state that wants them from UP has to seek its permission.
According to Randstad Employer Brand Research (REBR) 2020, Microsoft India scored high on financial health, strong reputation and utilisation of the latest technologies. Others in the top 10 list are Samsung, Amazon, Infosys, Mercedes-Benz, Sony, IBM, Dell, ITC and TCS.
Cricket Australia unveiled a "game-changing" parental leave scheme on Thursday designed to let players in its history-making women's team remain in the game while raising a family.
The Consumer Confidence Index score for India decreased by six points to 128 in the April-June quarter of 2017, from a high of 136 from the last polled survey in Q4 of 2016, market insight first Nielsen has said in a statement.
'Three decades after liberalisation kicked off, my friend's son and niece -- both born well after that historic shift in economic policy -- find themselves newly off the beaten path for no fault than listening to their heart,' notes Shyam G Menon.
If you are an expert in programming languages, statistics and algebra, then a career in AI and ML is worth a shot in 2021.
Parents should enroll their children in coding classes only as a leisure time activity, that too with strict curbs on screen time.
However, the government has enacted an important change to the fixed-term employment framework that may help companies in handing out contractual jobs to its existing permanent workforce.
'We want the government to provide job security for all these workers,' says E S N Reddy, district general secretary of CITU.
The biggest worry is not the shrinking of the labour market, but the collapse of good jobs.
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