India needs to generate 78.5 lakh jobs a year on average until 2030 in the non-farm sector to cater to the rising workforce, Economic Survey estimated, urging the private sector to contribute. The Indian economy needs to generate an average of nearly 78.5 lakh jobs annually until 2030 in the non-farm sector to cater to…
BENGALURU: Karnataka govt’s controversial decision to introduce hefty job reservations for “local candidates” in the private sector faced a severe backlash from industry bodies and the business community, forcing chief minister Siddaramaiah to retract, at least temporarily.Late Wednesday night, the CMO released a message stating: “The job reservation bill for Kannadigas, cleared by the state…
NEW DELHI: Hours after deleting social media post on 100 per cent reservation for Kannadiga amid massive row, Karnataka chief minister announced the cabinet decision once again on X. The missing part — mandatory recruitment of 100 per cent Kannadigas for ‘C and D’ grade posts in all private institutions. “The cabinet meeting held on…
New Delhi: With the swearing-in of Narendra Modi’s council of ministers over, the question uppermost on everyone’s mind is who will be the next finance minister. Will Nirmala Sitharaman stay in the wood-paneled office on the first floor of North Block, which is home to the finance ministry, or will she move to another ministry…
NEW DELHI: The pension scheme for the corporate and individuals, regulated by Pension Fund Regulatory and Development Authority (PFRDA), may have been hit by the new tax regime, which offers lower tax rates but no exemptions, such as, those for investment.Latest data released by PFRDA on Thursday estimated that the growth in overall subscriber base,…
