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WORKFORCE FORMALISATION INDIA
EPFO wage ceiling raised to Rs 25000 per month; over 10 million formal sector workers to benefitThe enhanced wage ceiling, approved by the Cabinet on Wednesday, will put additional financial burden on employees and the government while...
Cochin Shipyard Ltd and Drydocks World form joint venture to strengthen India’s ship repair industryDrydocks World and Cochin Shipyard Limited have formed a joint venture. This partnership will operate and expand the International Ship Rep...
India’s AI edge lies in human judgement, leadership alignment: Microsoft Work Trend IndexThe findings suggest that India’s AI advantage is not limited to adoption. Workers are using AI to create new capacity, rethink processes a...
Bank unions announce strikes on September 11 over unresolved issuesThe United Forum of Bank Unions (UFBU), representing over 90% of India’s banking workforce, has announced strikes on September 11 and Septe...
India’s in-demand economic weapon can turn a global crisis into opportunityIndia is expanding its network of labour agreements with countries around the world to connect Indian workers with job opportunities abroad...
ET World Leaders Forum: Madhya Pradesh’s textile/garment industry a potential export/employment generation powerhouseMadhya Pradesh has a tremendous export, and employment generation avenue in its garment and textile industry, currently a little underutili...
ET World Leaders Forum: India set to be a growth market, but companies must up their gameIndia is poised to be a major global growth market over the next decade, driven by seven structural strengths including economic stability,...
Per Annum records over 400% growth in AUM; eyes next phase with 5X workforce expansionCurrently, the firm's P2P lending and fractional real estate sectors are managing more than Rs 1,400 crore. Looking ahead, Per Annum is set...
MSMED Bill promises faster payments, but TReDS hurdles and GST ambiguity may leave smaller firms behindThe Micro, Small and Medium Enterprises Development (Amendment) Bill was passed by Parliament last week, nearly two decades after the MSMED...
Independence Day 2026: 79 years of work, ambition and the making of modern India2026 Independence Day of India: The country's job market transformed from government security to private paychecks and now relies on acquir...
EV industry to generate up to 40 mn jobs by 2030: ReportIndia's electric vehicle (EV) sector is expected to generate30-40 million jobs by 2030, with hiring likely to grow15-20% annually, accordin...
Pensionbazaar strengthens its corporate NPS platform to simplify retirement planningPensionbazaar has improved its Corporate National Pension System offering. This aims to make retirement planning more accessible and seamle...
India, Brazil agree to cooperate on digital labour platforms, skills, social protection: Union minister Shobha KarandlajeIndia and Brazil reaffirmed their strategic partnership and agreed to deepen labor cooperation. They discussed skills development, digital ...
Workforce formalisation: GAPS framework shows the way to successfully formalise the workforceThe Covid-19 pandemic has highlighted the plight of India's informal sector and has underscored the urgent need for workforce formalisation...
Companies push towards workforce formalisationA large number of the employers cited that managing an informal workforce has become extremely challenging with 45% stating that the primar...
Consumer goods cos accelerate workforce formalisation to reduce costs, step up productivityLarge consumer goods companies in India have started accelerating formalisation of their workforce with staffing solutions, to eliminate un...
Indian flexi-workforce rises to 3.3 mn in 2018 from 1.2 mn in 2015: ReportThe rise in number of flexi-staffing workers indicates formalisation of workforce.