-The Hindu Over 1.4 lakh toilets were built by 53 CPSEs, with key support coming from power, coal and oil firms Public sector units claimed to have constructed 1.4 lakh toilets in government schools as part of a Right to Education project, but almost 40% of those surveyed by the Comptroller and Auditor General of India (CAG) were found to be non-existent, partially constructed, or unused. In an audit report presented in...
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MSME sector is on the verge of collapse, says Nitin Gadkari
-PTI/ The Hindu Business Line Union Minister Nitin Gadkari on Thursday said that micro, small and medium enterprises (MSME) sector is on the verge of collapse, and urged major industries to release the outstanding dues to such companies within a month. He said that the position of MSMEs was the “worst” as they were now engaged in a “battle for their survival”. The Minister also noted that the pendency of dues owed...
More »10 per cent quota: Pool of jobs in govt, banks shrinking steadily -Aanchal Magazine & Anil Sasi
-The Indian Express The latest data compiled by the Department of Personnel and Training (DoPT) on recruitment over the last three years through the main agencies show a declining trend in selection and recruitment, from 1,13,524 cumulatively in FY2015 to 1,00,933 in FY2017. New Delhi: In terms of employment prospects, beneficiaries of the 10 per cent reservation for economically weaker sections in the general category, which was passed in Parliament last week,...
More »Under Modi, 25% Decline in Public Sector Workers -Subodh Varma
-Newsclick.in Casual and contract workers’ proportion to regular workers has gone up to a record 53%. Nearly 2.4 lakh workers of government-run public enterprises have lost their jobs since the Narendra Modi led BJP government took power in 2014. That’s a massive 25 per cent of the workforce. Simultaneously, the number of casual and contract workers has increased to 3.8 lakh. The proportion of such employees has zoomed up from just 36%...
More »New EPF enrolment during Sep., 2017 to Apr., 2018 confined to a few industries & states, indicates data
A document of the Ministry of Statistics and Programme Implementation (MoSPI) dated 25th June, 2018 says that the number of members subscribing to the Employees' Provident Fund (EPF) scheme gives one an idea of the level of employment in the formal sector viz. mostly employment in establishments employing 20 or more persons (though EPF is applicable for certain organisations, which employ less than 20 persons, subject to certain conditions and...
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