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INCENTIVISE JOB CREATION
PM Modi to disburse incentives worth around Rs 2,400 cr under PM-VBRY on June 19Prime Minister Modi announced Rs 2,400 crore in incentives under the Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY) on June 19. This ...
How to regain funds & frolic: India’s capex push needs savings, competitiveness and global capital flows to alignAsia is experiencing an industrial boom. India can benefit by increasing manufacturing and attracting investment. This will create jobs and...
If India wants faster growth, it must first solve its female labour force participation problemIndia's female workforce participation lags behind peer nations. Boosting this rate could significantly increase GDP. Experts suggest focus...
India turns the tables on China: The great supply chain flip beginsIndia's electronics sector is transforming. For years, the country assembled products using imported parts. Now, Indian companies are expor...
0.4 million new employees availed fiscal benefit under PMVBRYThe Pradhan Mantri Viksit Bharat Rozgar Yojana has provided incentives to over 440,000 new employees. The government has disbursed ₹465 cro...
Formal job creation down for two fiscals after record FY23Net formal job creation under EPFO has declined for two consecutive years through FY25, falling from 13.8 million in FY23 to 12.9 mn. This ...
17 crore jobs created under Modi rule in 10 years: Mansukh Mandaviya to ParliamentThe Modi government created 17 crore jobs in ten years. This is a significant increase from the UPA's 3 crore jobs. The government provided...
Govt to roll out employment-linked incentive scheme from August 1The Labour Ministry announces the PM Viksit Bharat Rozgar Yojana will begin August 1, 2025. The scheme aims to create over 3.5 crore jobs. ...
Fool-proof mechanism in place to implement employment linked incentive scheme: Labour MinistryThe Labour Ministry has devised a digital mechanism for the Rs 1.07-lakh crore Employment Linked Incentive (ELI) scheme, aiming to generate...
Budget 2024: FM announces Rs 2 lakh cr package for five job schemes, skilling for 4 crore youthFinance Minister Nirmala Sitharaman on Tuesday announced a slew of initiatives to boost skilling and jobs in the budget.
Budget 2024: Schemes worth Rs 2 lakh crore for job creation, skilling and internship; move to benefit 41 million youthFinance Minister Nirmala Sitharaman unveiled a comprehensive package in Budget 2024-25 aimed at enhancing employment and skill development ...
Tamil Nadu to offer sops for creation of high paying jobs in Global Capability CentresThe Tamil Nadu government plans to incentivise high-paying job creation in Global Capability Centres (GCCs) through a payroll subsidy. This...
Budget provides buffer from global challenges: Parameswaran Iyer"With a continued focus on good governance, the budget aims to simplify systems with the help of initiatives such as Jan Vishwas Bill, whic...
Tough job: Govt’s new scheme to incentivise jobs creation is unlikely to trigger hiringCompanies’ performance, which will lead to more hiring, depends on revival of the domestic and international markets. And that rests on job...
Atmanirbhar Bharat 3.0: Job booster likely to trigger consumptionUnder the stimulus package, an additional Rs 10,000 crore has been set aside for the PM Garib Kalyan Rozgar Yojana in the current financial...
FM announces Atma Nirbhar Bharat Rozgar Yojana to incentivise job creationEstablishments with less than 50 employees must recruit at least two new employees and organisations with more than 50 employees must emplo...
Government's move on provident fund evokes mixed feelings across sectorsWhile many HR heads across sectors are saying it will act as an incentive for them to create more jobs in the formal sector, others say the...
Incentivise job-intensive industries, says Mohandas PaiPai, a former chairman of Sebi Primary Markets Advisory Committee, also said formal jobs being created are inadequate to meet India's needs.
Labour ministry may soon release details of scheme to create more jobsThe move is expected to create more jobs besides increasing formalisation as 90% of the country’s workforce is in the informal sector.
World Economic Forum: India to extend incentives for setting up of training centresCommerce and Industry Minister Anand Sharma, who is here for the annual WEF meeting, said creation of jobs is a major challenge in the 21st...