-Hindustan Times A report by Gartner, a leading IT service management company, says that 54 per cent of the companies in India do not have enough technology and resources for Employees to work to home. While companies across the world mull over having their Employees log in from home in the wake of the coronavirus scare, a report suggests that for many companies in India, this might just be a distant dream. Please...
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Economic Survey: Focus on wealth of big business than wealth and health of nation -Surajit Das
-Newsclick.in The Economic Survey 2019-20 indicates that the government’s broad policy direction will remain the same -- of neglecting the social sector and serving the interests of the big businesses. This year’s Economic Survey begins with emphasising the importance of wealth of nations (inspired by Adam Smith) and depicts long-term contributions of the US, China, India and various other countries in world GDP (gross domestic product). The shares of China and India...
More »Employees' unions oppose govt plan to sell shares in LIC
-PTI Finance Minister Nirmala Sitharaman said the Life Insurance Corporation of India (LIC) will be listed as part of the government disinvestment initiative. LIC Employees' unions on Saturday opposed the Centre's plan to sell a part of its shares in the state-run insurance behemoth through an initial public offer (IPO), insisting that the move is "against the national interest". Please click here to read more. ...
More »867,964 people joined formal workforce in November, shows payroll data -Prashant K Nanda
-Livemint.com * The number was better than October when 686,158 people joined the formal work but less than any other months in the current financial year * In July it was 1.2 million, and in June it was 1.18 million, in May it was 1.01 million and in April it stood at 1.06 million NEW DELHI: At least 867,964 new people joined the formal workforce in November 2019, an improvement from the month...
More »ESIC may cover gig economy workers as part of new Social Security Code Bill -Somesh Jha
-Business Standard The government has made an enabling provision in the code to provide insurance cover, under the ESI schemes, to gig, platform and plantation workers Workers employed in the gig economy may soon be eligible for insurance benefits provided by the state-run Employees’ State Insurance Corporation (ESIC). The move is a part of the Social Security Code Bill, 2019 approved by the Union Cabinet on Wednesday. The Code has also proposed...
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