Impetus given to education and employment of oppressed communities: Bommai

Impetus given to education and employment of oppressed communities: Bommai

: Chief Minister Basavaraj Bommai on Sunday said that the government had given impetus to education and employment of the oppressed communities in the State. Speaking after inaugurating Maharshi Valmiki Jayanti and presentation of Sri Maharshi Valmiki award here, he said that every order dispatched from the Vidhana Soudha was in accordance with social justice … Read more

Govt survey: Formal sector employment jumps by 0.4 million in Q3FY22

Govt survey: Formal sector employment jumps by 0.4 million in Q3FY22

India’s formal sector employment jumped by 0.4 million in the October-December quarter of 2021 with the total number of workers employed across nine sectors at 31.4 million compared to 31 million in July-September quarter and 30.8 million in the April-June quarter of 2021, the labour ministry said on Thursday. As per the quarterly employment survey … Read more

Govt considering COVID-19 vaccine booster dose for those travelling overseas for education, jobs, official & biz work

Govt considering COVID-19 vaccine booster dose for those travelling overseas for education, jobs, official & biz work

The next phase of COVID-19 vaccination commenced on March 1 last year for people over 60 years of age and those aged 45 and above with specified co-morbid conditions. The government may soon allow a precaution dose of COVID-19 vaccine for those seeking to travel abroad for education, employment, sports and for attending official or … Read more

India-UAE trade pact to boost apparel exports, employment, say exporters

India-UAE trade pact to boost apparel exports, employment, say exporters

Implementation of the comprehensive free trade agreement between India and the UAE would help boost the country’s exports and creation of lakhs of jobs, according to exporters. Welcoming the signing of the Comprehensive Economic Partnership Agreement (CEPA) between India and the United Arab Emirates (UAE) on Friday, Apparel Export Promotion Council (AEPC) Chairman Narendra Goenka … Read more

Parable of inequality: MGNREGS as social protection

Parable of inequality: MGNREGS as social protection

With the first wave witnessing the return of migrant workers to their home states further worsening the early crisis, the dependence on the scheme was evident. Synopsis Through its sophisticated social protection system with schemes like the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) and Public Distribution System (PDS) that target uplifting the poorest … Read more

View: Economic activity back at pre-pandemic levels, but jobs recovery a long haul

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The economic news out of India is encouraging, with a swifter-than-expected recovery from the second wave. The Nomura India Business Resumption Index, which tracks the pace of business resumption, crossed a milestone in mid-August, rising above its pre-pandemic level of 100 for the first time since the pandemic began last year. However, despite the sharp … Read more

Employment situation improves in June as economic activity picks up pace: CMIE

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Of the 22.7 million jobs lost during the second wave of the pandemic, nearly 7.8 million have recovered in June after economic activity started picking up, taking the total employment in the country to 383 million last month, the Centre for Monitoring Indian Economy said. “While the improvement in employment in June and in particular … Read more

Fed’s “big tent” framework may fray under inflation surge

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WASHINGTON: The US Federal Reserve‘s carefully crafted move last year to a jobs-first monetary policy, touted as giving workers their best chance after the pandemic, is being tested by a potentially table-turning rebound of inflation and what’s become a relative rush of policymakers determined not to let it get out of hand. When the Fed … Read more

EPFO’s net new enrolments up 28 pc to 13.36 lakh in January

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Net new enrolments with retirement fund body EPFO grew 27.79 per cent to 13.36 lakh in January compared to the same month in 2020, according to the payroll data released on Saturday, providing a perspective on formal sector employment amid the pandemic. “The provisional payroll data of EPFO published on 20th March, 2021 highlights a … Read more