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Employment generation rises at 8.14 lakh in March; about 67.59 lakh jobs created in FY19: EPFO payroll data
•Around 67.59 lakh jobs were generated in the entire 2018-19 fiscal, the payroll data based on members joining the schemes of the Employees' Provident Fund Organisation (EPFO) showed.
State of Working India Report 2019: Country's unemployment crisis is real; boosting investments in health, education can work wonders
S Mohammed Irshad •The biggest challenge regarding employment in the country is the gap between demand and supply.
Congress' proposal to boost industry: Will give 3-year blanket pass to new ventures, abolish angel tax, says Rahul Gandhi
•Rahul Gandhi also assured incentives and tax credits to entrepreneurs based on their ability to create jobs
Employment generation in formal sector touches 17-month high of 8.96 lakh in January: EPFO
•The sharpest revision was for March 2018 in the latest report which showed contraction or exit of 29,023 members from the EPFO subscriptions whereas last month's estimated addition of 5,498 members.
MSME sector presents an additional $70 bn lending opportunity to banks, says report
•MSMEs account for over $55 billion of lending currently, there is still a huge gap that can be addressed by financial institutions in the near term
Bengal Global Business Summit: Mukesh Ambani says Reliance Group plans to invest Rs 10,000 cr in state
Fp Staff •Mukesh Ambani announced a slew of measures for West Bengal from optic fibres to an ecommerce platform that would generate employment in the state.
Ahead of polls, govt allows OMCs to open over 55,000 new fuel pumps; to boost employment
•For the first time, the OMCs have invited bids from private players online to ensure transparency and the bidding process would be conducted by an independent agency.
Walmart's looming acquisition of Flipkart will be a game changer for e-commerce in India; merger to boost job creation
S Raghunath •Going by the recent news reports, US retail giant Walmart may soon foray into the e-commerce sector by acquiring a stake in Flipkart.
Global study suggests tourism in India will contribute more to economy, employ more people by 2028
Fp Staff •Happy tidings may in store for India's travel and tourism sector in the years to come, a global report released recently suggests.
International Labour Organisation projects India's unemployment at 18.6 million in 2018: Govt
•The International Labour Organisation (ILO) has projected unemployment in India at 18.6 million in 2018, higher than 18.3 million in 2017 in its report, Parliament was informed on Wednesday