-The Times of India While the economy is growing at just over 7% per year, jobs increased by just 1.1% last year, according to a recently-released report covering eight key sectors of the non-farm economy. An earlier report had pegged joblessness at a fiveyear high of 5% in 2015, and under-employment at a staggering 35% of the over-15 years labour force. Seen in this context, the government is facing a growing employment...
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Nothing to cheer about in Indian job market
-GoIMonitor.com Unemployment, irregular jobs and low salaries continue to hurt India while it continues to embrace labour reforms PRIME MINISTER Narendra Modi pitched for greater use of technology through an unusual equation ‘IT+IT= IT’ which had Internet in splits and Twitterartis trending #pinksliprevolution to underscore the impending layoffs in India’s famed IT sector. But the country’s unemployment saga lies far beyond the glass towers and high figure pay cheques. Around 77 per...
More »IT union calls strike in Chennai against unjustified dismissal of employees -Gireesh Babu
-Business Standard Alleges while govt's providing incentives to corporate houses, cos are cutting jobs for more profit Chennai: The New Democratic Labour Front (NDLF) IT Employees Wing, a trade union, is planning to conduct a protest march next week against what it calls an unjustified dismissal of employees by IT firms. It is looking to represent around 20 employees who have been dismissed from various IT firms with the Tamil Nadu labour...
More »India Exclusion Report 2016 paints a bleak picture of jobs, equality, agriculture
-MoneyControl.com Even as the Indian economy grew, the inequality between the rich and the poor too has widened with drastic fall in jobs and increase in number of landless farmers, the India Exclusion Report 2016 says. Even as the Indian economy grew, the inequality between the rich and the poor, too, has widened with a drastic fall in jobs and increase in number of landless farmers, says the India Exclusion Report...
More »Govt sets up task force to look into jobs data discrepancies
-PTI The government attaches the highest priority to job creation, says Arvind Panagariya The government has set up a task force headed by Niti Aayog Vice-Chairman Arvind Panagariya to recommend ways to deal with employment data discrepancies and come up with reliable solutions to promote job creation. “A task force has been created under the chairmanship of the vice-chairman, NITI Aayog Arvind Panagariya with Labour Secretary M Sathiyavathy, Secretary Statistics T C A...
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