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Searched Tag: employment
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Restaurant sector can create 15 million jobs by 2028: NRAI

May 1, 2025, 07:00 PM - 2 min read

With restaurant bodies and food delivery aggregators at loggerheads, long-standing issues of service charge and input tax credit come to the fore

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Confidence remains high in India’s manufacturing for 2025.

Manufacturing sector records high job creation for 10th month

January 4, 2025, 06:01 PM - 2 min read

India's manufacturing sector has seen a notable increase in employment for the 10th consecutive month, as reported for December 2024. The job creation rate has also accelerated, reaching its fastest pace in four months.

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Congress MLA Sanjay Awasthi.

HP Congress govt created 31,000 jobs in 2 years: MLA Awasthi

January 2, 2025, 05:58 PM - 2 min read

“During the BJP's rule many job opportunities were delayed due to legal hurdles, leaving the youth of the state disappointed. In contrast, the Congress government, under the leadership of Chief Minister Sukhvinder Singh Sukhu, took immediate action to resolve these issues thus creating opportunities for employment,” he said. 

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CM Sukhvinder Singh Sukhu directs officers to formulate a comprehensive policy and compile department-wise details.

HP to settle job cases on compassionate grounds in one go

December 24, 2024, 03:51 PM - 2 min read

While reviewing the policy in a high-level meeting, the Chief Minister directed the officers to compile and present department, age, and educational qualification-wise data of the applicants seeking employment on compassionate grounds. 

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IT hiring expected to rise 8.5% next year: Report

IT hiring expected to rise 8.5% next year: Report

August 8, 2024, 06:03 PM - 2 min read

The IT sector is experiencing a resurgence in hiring, with an expected 8.5% job role increase by next year, according to an Indeed report. Driven by the demand for software roles, the growth is fueled by emerging technologies like AI and blockchain, as well as the thriving startup ecosystem and Global Capability Centers (GCCs).

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India's employment growth has been largely driven by self-employed individuals, unpaid workers, and temporary farm hires, according to private sector economists.

Economist finds India's job growth rooted in temp hires

July 10, 2024, 02:42 PM - 2 min read

The economists' comments follow the release of labour department figures earlier this week, which showed the creation of 20 million new employment opportunities annually since the 2017/18 fiscal year. This figure contrasts with a Citibank report claiming that only 8.8 million jobs were added each year since 2012, according to Reuters.

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Indian MSME sector to generate over 200,000 jobs by 2025, report says

Indian MSME sector to generate 2 lakh jobs by 2025

June 28, 2024, 02:20 PM - 2 min read

The Indian MSME sector, which currently employs around 1.2 crore people, is expected to generate over two lakh new jobs by 2025 across various sectors such as e-commerce, logistics, and supply-chain management, according to a report released on Thursday.

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India’s unincorporated sector employment rises 7.8%

India's unincorporated sector jobs rise 7.84%

June 15, 2024, 01:18 PM - 2 min read

India's unincorporated non-agricultural sector saw a 7.8% annual employment increase post-Covid, with significant growth in manufacturing, services, wages, and productivity, according to a Ministry of Statistics survey.

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Organised sector employment on the rise, says Finance Ministry report

India's organised sector employment surges

May 25, 2024, 03:27 PM - 2 min read

The Finance Ministry's report highlights a decline in unemployment rates alongside a rise in formal employment, attributed to initiatives like Aadhar and portals like Udyam. EPFO data shows a net payroll increase and a trend of rejoining members, indicating a growing formalized labor market.

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EPFO records 1.44 million new members in March, with youths making up 57%

EPFO records 1.44 million new members in March, with youths making up 57%

May 20, 2024, 08:10 PM - 2 min read

Recent EPFO data shows a significant employment increase in India's organised sector in March, with a net membership surge of 1.44 million. Notably, 56.83% or approximately 424,000 new members are aged 18-25.

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The World Bank's biannual regional outlook has forecasted robust growth for South Asia, reaching 6.0% in 2024, primarily driven by India's strong performance and the recovering economies of Pakistan and Sri Lanka.

Job creation crisis, South Asia's rapid growth hindered by employment challenges: World Bank

April 4, 2024, 11:44 AM - 2 min read

In 2023, South Asia's employment ratio stood at 59%, significantly lower than the 70% observed in other emerging market and developing economy regions. Notably, South Asia is the only region witnessing a decline in the employment of working-age men over the past two decades and exhibits the lowest share of working-age women in employment.

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Since the launch of India’s Production-Linked Incentive (PLI) scheme for smartphones in August 2021, the Apple ecosystem has solidified its position as a primary driver of blue-collar employment in the country.

PLI Success: Apple’s Indian ecosystem emerges as top job creator

April 2, 2024, 04:20 PM - 2 min read

Government officials and industry experts, revealed that a substantial portion of these employees are young, first-time job seekers aged between 19 to 24 years. Moreover, an estimated 300,000 people have benefited from indirect employment opportunities stemming from the Apple ecosystem. 

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