Employment Generation News
Economic slowdown hits employment generation; remittances register decline in a few states: SBI report
It said a sample of data on remittances by migrant labourers to selected states in the last one year showed that there is a decline in remittances in states like Assam, Bihar, Rajasthan, Odisha and UP.
Decision on GST rate deduction for automobiles for FinMin, state government to decide: Nitin Gadkari
Last week at the SIAM annual convention, Gadkari assured the auto industry that he would take up the issue of GST rate reduction for automobiles to 18% from 28%
Economic Survey 2019 to chart out reform road map of Narendra Modi 2.0 govt; direct tax collection likely to hit
The Economic Survey prepared by Chief Economic Adviser Krishnamurthy Subramanian is likely to flag headwinds that the economy might face in its pursuit to become the world's fifth largest economy.
In push for employment generation, Modi govt mulls migration support centres, rural self-employment training institutes
Execution of projects to impart training and provide employment to youth has been slow due to the indifferent attitude of the local machinery.
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
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
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
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
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
Budget 2018: Employment generation must figure high on Narendra Modi govt's agenda
When both endogenous and exogenous factors conspire to prevent industrial and employment revival, the only course left for the Modi government to announce a big bang reform that can take off without much resistance if the BJP ruled states show the way
Ensure employment creation with special focus on rural unemployed, says Pranab Mukherjee
Mukherjee said recent figures suggest a "marked improvement" in the reduction of unemployment ratio in urban areas but the rural areas continue to face troubles
Pakistan defence spend may rise 30% but its real enemies are Chinese debt trap, poverty
A steeper-than-expected rise in defence spend wouldn’t be good news for a crippled economy like Pakistan, largely running on Chinese aid.
Union minister Kalraj Mishra says involvement of people in khadi can uproot terrorism
Union minister Kalraj Mishra on Tuesday said that involvement of people through the khadi industry could help uproot terrorism.
More jobs? Forget IT, look at healthcare instead
Between 2004-05 and 2011-12, education, health and recreation services added even more employment than the fast growing financial, real estate, business and IT services sector.