Wednesday, 10 August, 2022
TopicJob creation

Topic: Job creation

India’s job crisis is real, needs quick intervention, research firm CMIE says

More than half of the 900 million Indians of legal working age don’t want a job, according to CMIE. Between 2017 and 2022, the overall labor participation rate dropped from 46% to 40%.

Reduce stake in PSU banks to 50%, provide job incentives to firms — CII’s wishlist for Budget

The industry body headed by Uday Kotak has made the suggestions to Finance Minister Nirmala Sitharaman as part of pre-Budget consultations

Modi govt announces Rs 2.6 lakh cr stimulus package ahead of Diwali to boost jobs, housing

New measures include Atmanirbhar Bharat Rozgar Yojana and tripling allocation for PM’s housing scheme. India’s overall Covid economic package is Rs 30 lakh cr.

Double-digit growth but high unemployment — challenge before Nitish Kumar’s new Bihar govt

Tejashwi Yadav's RJD offered 10 lakh new jobs, while Nitish’s ally BJP offered 19 lakh. Here’s how victorious NDA can set about fixing the problem.

Farming GM crops, employment fund — what govt panel has suggested to create 20 cr jobs in 5 yrs

A Working Group of Ministers on employment generation and skill development submitted its report to PM Modi, making 63 suggestions across 18 sectors for job creation.

India added 7 crore jobs in June — mostly daily wagers, farmers and small businesses

About 12 crore jobs were lost due to the lockdown in April, but things are gradually improving. However, only 39 lakh new salaried jobs have been created.

No jobs data from Niti Aayog for now, numbers expected only after Lok Sabha polls

Niti Aayog had promised to release the final statistics on jobs after a leaked NSSO report pegged unemployment at a 45-year high.

Job plan is missing link in Modi govt’s last budget amid drama over data

Much of the interim budget focused on consumer stimulus with few specific measures to create opportunities for about 12 million young Indians who enter the job market each year.

What a bra & panty business park near Visakhapatnam can teach Modi about job creation

The park is a textbook case on how clustering can make smaller companies competitive and more productive, and enable them to generate employment.

Vajpayee created 60 million jobs in 5 years, whereas Modi has just been creative with data

Modi's claims that there exist three lakh village-level entrepreneurs have not been backed up by any data.

On Camera

YourTurn

Representational image | Indian Navy/Facebook

Tale of two ships – How Delhi is asserting Indianness of the Indian Ocean to China

A US Navy ship docked in an Indian port for the first time. And a Chinese ship couldn’t in Sri Lanka. New Delhi is finally pulling strings.
Representational image | Rupixen/Unsplash

‘We are cracking down’— how Modi govt plans to make it tougher for states to fund freebies

The Narendra Modi government is looking at ways to check states’ spending on handouts like free electricity and rations. The first step is to tighten the noose on state borrowings.

Defence

Representational image | Indian Army soldiers during the Army Day Parade at Cariappa Parade Ground in New Delhi | ANI Photo

Army looks to reduce troops by 2 lakh, deployment in Kashmir could be rejigged

The Army, which faces a shortage of about 1.35 lakh personnel, is aiming to reduce its strength from 12.8 lakh to around 10.8 lakh.

In Kashmir 3 years on, 3 positive changes, 3 things that should’ve happened & 3 that got worse

Kashmir as a crisis has fallen off our headlines and from the top of our collective minds. Which is precisely the most important change for the better.
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