A crowd-source database shows that at least half the layoffs — over 11,000 — happened in 2022 alone. But data shows that hiring intent has begun to look up.
Modi govt's biggest flaw has been its disinclination to accept limitations of electoral majorities. This ruined land acquisition and farm reform, stalled labour codes.
The word stagflation is in vogue again as economies confront simultaneous prospect of low growth & high inflation. A misery index defines what people experience under this phenomenon.
Increasing flexibility at work should not come at the cost of an employee’s job security. After all, security is tied to job satisfaction, more so for women.
For an industry globally classified as hazardous, protections such as health insurance and a provident fund for workers are necessities. In Sivakasi, they remain elusive.
The industry forecasts exports are set to grow 16% in 2025-26, boosted by surplus domestic production and a drive to push into 26 underserved global markets with strong potential.
Indigenisation level will progressively increase up to 60 percent with key sub-assemblies, electronics and mechanical parts being manufactured locally.
It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.
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