Global rating and research houses such as Fitch and Goldman Sachs have cut their estimates of growth for India’s gross domestic product (GDP) for the current fiscal year 2020-21 (FY21). While Fitch now expects the country’s GDP to contract 10.5 percent in fiscal year 21 compared to its previous estimate …
Read More »There is no restriction or prohibition to fill government positions, clarifies the Ministry of Finance | India News
NEW DELHI: The finance ministry said Saturday that there are no restrictions or ban on filling positions at the Government of India and that’s normal recruitment You will continue as usual without any curbs. The ministry’s clarification came after reports indicated that the government had asked all ministries to review …
Read More »MGNREGA Scheme: Center Plans to Expand World’s Largest Employment Program to Cities | India Business News
NEW DELHI: India is considering expanding its flagship jobs program in towns to workers in cities made unemployed by the closures caused by the pandemic, a government official said. The program, when approved, can be implemented in smaller cities and will initially cost around 35 billion rupees ($ 4.8 billion), …
Read More »The Indian government plans to extend the world’s largest employment program to cities
India is considering extending its flagship village jobs program to city workers made unemployed by closures triggered by the pandemic, a government official said. The program, when approved, can be implemented in smaller cities and will initially cost around 350 billion rupees ($ 4.8 billion), said Sanjay Kumar, deputy secretary …
Read More »UP’s new policy to give employment to 20 lakh migrants; labor reforms to create this many MSME jobs
[ad_1] UP expects labor law changes to create new MSMEs and at least five-lakh new jobs. (Representational image) A policy to provide jobs to migrant workers, which are expected to return to Uttar Pradesh amid the lockdown, is currently underway by the state government. “A policy is being framed to …
Read More »See: Many things about jobs could change in the post-closing era
[ad_1] By Nicolas Dumoulin There is no escaping the fact that within a few weeks, the global health emergency, COVID-19 has fundamentally changed the way the world and India will do business. This is an unprecedented situation and adaptation and evolution of the workplace will be key in all companies. …
Read More »With a gradual opening, India tries to avoid a serious economic cost: Bibek Debroy
[ad_1] By Bibek Debroy We are not in an ideal world, worldwide and within India. Scylla’s health is obvious, with many heads and legs (as a metaphor for heterogeneous states) increasing the numbers of infection and death, although India’s death rates are still low. The increase in numbers is due …
Read More »US lawmakers want H-1B visas and foreign student internships to be suspended to protect US jobs
[ad_1] Representative image WASHINGTON: Four influential US senators pressure president Donald trump suspend all guest workers visas including H-1B tickets and optional practical training (OPT) for foreign students – freeze that will negatively affect India – amidst an astonishing American jobs wipeout not seen since the Great Depression. In a …
Read More »Covid-19: Rahul Gandhi asks Prime Minister Modi to delegate power and trust the states | India News
[ad_1] File photo of Congress leader Rahul Gandhi NEW DELHI: Maintaining that the fight against Covid-19 cannot be only the PMO, leader of the Congress Rahul Gandhi on Friday he asked the prime minister to delegate power and make states partner in decision-making. Gandhi said there will be a “calamity” …
Read More »1 in 4 people employed lost jobs in March and April: CMIE
[ad_1] NEW DELHI: An employment crisis may be facing the country as several crucial sectors of the economy have been severely affected by the Covid-19 outbreak that threatens to push more people into poverty, engulfing both workers in the formal as well as informal sector. The blockade triggered a massive …
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