'I found it unbelievable that L&T said 45,000 jobs were waiting to be filled because of unavailability of suitable skillsets.' 'So, when the Opposition sweepingly says there are no jobs, I'm sorry... I'm not saying it's raining jobs, but there are jobs. The (skill) gap has to be bridged.'
As per the recommendations of the 2nd National Commission on Labour, the ministry is codifying existing 44 central labour laws into four codes by simplifying, amalgamating and rationalising the relevant provisions of the legislations.
President Droupadi Murmu on Saturday conferred Bharat Ratna, the country's highest civilian honour, on former prime ministers P V Narasimha Rao and Chaudhary Charan Singh, agriculture scientist M S Swaminathan and two-time former Bihar chief minister Karpoori Thakur, posthumously at a ceremony held at the Rashtrapati Bhavan in New Delhi.
'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.'
The high-level committee on 'one nation, one election' approached 62 parties out which 47 responded -- 32 in support of holding elections simultaneously, 15 against it.
What is most troubling is that not a single party that is part of INDIA has talked about any kind of reform and economic sense, argues R Jagannathan.
As the Centre faces multiple hurdles, BJP-governed states such as Rajasthan, Madhya Pradesh and Gujarat have swiftly moved in to usher in radical reforms as they aim to take a larger share of the FDI pie.
Saudi clubs have spent more than 400 million euros ($439 million) in the close season to sign players from Europe's elite teams.
It is only the Indian approach of holding on to multiple realities and contradictory ideas simultaneously that is likely to deliver peace and progress. Binary logic is out of sync with reality, notes R Jagannathan.
Finance Minister Nirmala Sitharaman will present the Union Budget for 2023-24 in Parliament on February 1. The Budget is a statement of the government's estimated receipts and expenditures for a fiscal year (April 1 to March 31). It's divided into Revenue and Capital Budget. The Revenue Budget includes the government's revenue receipts and expenditures while the Capital Budget includes its capital receipts and payments.
'If we don't want to be the poorest large economy even in 2030, we need to be doing very much more than is being attempted.'
The external affairs minister also recalled how Pandit Nehru was hesitant in taking assistance from the United States following the 1962 war with China as he was unsure how it would be seen.
After assuming power in 2014 with a full majority of its own, the BJP-led NDA government started an ambitious process of reforming labour laws in the form of codes aimed at making the framework less cumbersome with a variety of alterations. It had planned four codes each for industrial relations, wages, social security and welfare, and occupational safety, health and working conditions. To this end, 35 central labour laws were to be converted into four codes that would have had the virtue of streamlining labour relations. But none of the proposed code Bills could be converted into a law principally because neither trade unions nor industry representatives came on board. They hold the key to India's low-growth-high unemployment paradigm but the government may struggle to push them through this time as well. Somesh Jha explains why
Uzbekistan's ambassador to India Dilshod Akhatov said on Tuesday that constitutions of 190 countries, including that of India, were studied to bring in holistic and comprehensive changes to the Constitution of the country.
Lakhs of people had come for the event held on a 306-acre ground in Kharghar. The nearest weather station to the spot had recorded a maximum temperature of 38 degrees Celsius.
Rules being drafted, to also cover unorganised sector; maternity benefit, old age pension, sickness allowance to be included
He also said the Shiv Sena led by Chief Minister Eknath Shinde and the BJP will jointly contest the upcoming elections to the Mumbai civic body.
'A large portion of youngsters who aspire to join the civil services are not motivated by the spirit of public service and idealism of which the civil services offer in abundance.' 'When they join the mandarin club they look for the loaves and fishes of office, rather than make a difference and wipe what Mahatma Gandhi called 'every tear from every Indian',' points out Rup Narayan Das.
'If the NDA comes to power with 320-330 plus seats, then we could see some correction. We could possibly see a level of 19,500 to 20,000.' 'If the NDA comes to power with a majority of 400-plus, we could see the markets going to about 23,500-24,000 levels.' 'And from there we could see some correction because markets are expensive at this point of time and a correction is overdue.'
Bhujbal said Sharad Pawar announced support to the BJP in 2014 after it formed government following the Assembly polls without the Shiv Sena's backing.
Billionaire Gautam Adani to two Union Ministers and Maharashtra Deputy Chief Minister Devendra Fadnavis among others on Sunday hailed India crossing $4 trillion mark though there was no official confirmation if the country has achieved the landmark. The finance ministry and the National Statistical Office did not immediately comment on the viral social media post on India's GDP crossing $4 trillion. Highly placed sources said that the viral news was incorrect and India was still shy of that landmark.
Chaudhary Charan Singh, who on Friday was conferred with India's highest civilian award Bharat Ratna, is popularly known as a champion of farmers.
Several states declared a holiday for schools, while government offices, other establishments and public sector banks remained closed for half a day.
Underscoring the importance of voter satisfaction and trust in the electoral system, the Supreme Court on Thursday told petitioners who sought its direction to go back to using ballot papers not to suspect the efficacy of Electronic Voting Machines (EVM) and appreciate if the Election Commission does good work.
They all seem to forget that the Music Academy is as much an independent institution as T M Krishna is an individual musician. In drawing those red lines for the Academy management, they do not even seem to recognise that they too have crossed a red line themselves, points out N Sathiya Moorthy.
Mystery, horror, biopics, documentaries, fantasy, romance, comedy, coming-of-age, pick the genre you like from the wide variety on OTT this week.
Top Tamil actor Vijay on Friday announced the launch of his political party, Tamizhaga Vetri Kazhagam, and said he will contest the 2026 assembly polls in the state.
Small but significant labour reform laws are expected to be introduced in 2008, to benefit both the employees and employers.
A Kerala court on Tuesday sentenced to death 15 persons associated with the now-banned Islamist outfit Popular Front of India (PFI) in connection with the murder of Bharatiya Janata Party OBC wing leader Ranjith Sreenivasan in this district in 2021, the special prosecutor of the case said in Alappuzha.
A collaborative approach can yield better results in reforming labour laws that can be implemented in the whole country, instead of different states following different norms in their own jurisdictions. That approach could also help the governments convince the trade unions to see merit in these reforms, says A K Bhattacharya.
Is it is necessary to play divisive politics to succeed in the next general elections? asks Dr Sudhir Bisht.
IMF, which has also lowered its global economic growth forecast for 2016 and 2017 by a marginal 0.1 per cent to 3.1 and 3.4 per cent respectively, recommended six 'reform priorities' for India
'The 2024 election results will lead to much intense targeting of Modi, more intense debates, many more breakdowns in Parliament and many more movements on the streets.' 'The results have hit Modi's standing, and the politics of the Opposition parties will be sharply focused to ensure that Modi doesn't get back his charisma of being 'invincible' with help of State power.' Sheela Bhatt looks at the political situation through the prism of 2024 Lok Sabha election results.
Chinese state media on Wednesday said Prime Minister Narendra Modi's economic reforms have achieved "little progress" and asserted that the Chinese economy was five times bigger than the Indian economy.
German chancellor Angela Merkel's centre-right coalition has agreed on a plan to reform the nation's banking system and to impose a levy on the financial institutions to make them accountable for future financial crisis.
''During the recent visit of the hon'ble prime minister to Mumbai, I have conveyed to him my desire to be discharged of all political responsibilities and to spend the remainder of my life in reading, writing and other activities.'
Aiming to send the right signal to different sections of society, the BJP has embraced figures like Chuhar Mal, Emperor Ashoka, Ramdhari Singh Dinkar and Maharana Pratap.
When the Constitution is viewed from the context in which it emerged, it is nothing short of remarkable, he asserted.
ICICI Lombard General Insurance Company reported financial improvement and optimistic commentary in Q4FY24. It reported 17 per cent year-on-year (YoY) growth in Gross Written Premium (GWP) and 115 bps improvement in the Combined Ratio (COR) in FY24, and improved COR guidance with COR going from 104.5 per cent in FY23 to 103.3 per cent in FY24, 102.4 per cent in FY25 and 102.0 per cent in FY26.
Home Minister Amit Shah on Wednesday appealed to the opposition for the unanimous passage of the women's reservation bill and said shortcomings, if any, can be rectified at a later date.
