Jobs Market Parliament

Opposition slammed BJP government over rise in unemployment and deaths of migrants

The Congress last week took up the Asian Development Bank (ADB) and International Labour Organisation (ILO) report, which has estimated that the unemployment rate in the country is likely to be at 32.5 per cent in case the spread of coronavirus is contained within six months of the start of rigorous containment measures. Further, the Read More…

Companies Indian Subcontinent Industries Jobs Market Opinion

CMIE agonises 2.39 Crores Salaried job lost in India during April ~July 2020

Centre for Monitoring Indian Economy (CMIE) data shows 17.7 million salaried jobs were lost in April 2020 and another 0.1 million jobs were lost in May.   Though 3.9 million jobs were gained in June, additional five million jobs were lost in July.   CMIE in India nearly five million salaried people lost their jobs Read More…

Companies Industries Jobs Voice

50 pilots sacked in single day , No salary Government humiliates Pilots ICPA fuming

In a letter to Rajiv Bansal, Chairman and Managing Director, Air India on Friday, the Indian Commercial Pilots Association (ICPA) said around 50 pilots have received illegal termination letters from the Personnel Department in blatant violation of company`s operation manual and service rules.   “What`s happening? Around 50 of our pilots have been terminated overnight Read More…

Legal Opinion Supreme Court

Suo moto after 61 days : Can SC hear hidden tumult inside the  silence of migrants

  The migrants have been making long journeys more than 1000 kms  on foot with hunger after public  transports came to a total halt ..   Earlier after lot of accidents on road and railway tracks had  happened during lockdown involving migrants various PILs knocked Supreme Court doors but it failed to convince the honourable bench comprising Read More…

Business Companies Industries Market Voice

Need oxygen not medicine : MSME Associations termed Rs 20lakhs Crores stimulus as gimmick

BJP led Modi government’s much-awaited stimulus including collateral free loans of upto Rs 3 lakh crore has failed to impress micro, small and medium enterprises (MSMEs) with industry bodies terming it frivolous and gimmicky.   Announcing relief for MSME sector as part of Rs 20 lakh crore stimulus to tide over coronavirus crisis and boost Read More…

Business Companies Industries Jobs Market

Automation skilled Engineers are not only highly paid but in demand : IT Services

Tier-I IT services companies TCS, Infosys, Wipro, HCL and Tech Mahindra have seen their headcount go up by a whopping 90,964 people during 2018-19 a 9.2% jump year-on-year.   TCS, the country’s largest IT services provider, has increased its headcount by 29,287 in 2018-19, compared with just 7,775 in 2017-18.   On the other hand, Read More…

Indian Subcontinent Industries National Opinion

Professionals says Modi’s claims in Lok Sabha on jobs creation is not factual : Alarming Unemployment

Amid the controversy over the withholding of a report on the country’s unemployment situation, the government has cited data from provident fund records, Income Tax filings and the National Pension System (NPS), besides a possible upswing in the informal sector to show generation of crores of new jobs.   However, this does not mean there Read More…

Indian Subcontinent National Supreme Court

EWS 10% quota to Upper caste : Supreme Court refused to stay but agree to examine

The Supreme Court Friday decided to examine the Centre’s decision to grant 10 percent reservation in jobs and education to poor candidates belonging to Upper caste category.   The bench, however, did not stay the operation of the Centre’s decision granting quota to the poor in the Upper caste category.   A bench comprising Chief Read More…