The first instalment of freedom
At 5 a.m., a vast segment of India’s workforce begins its day. There are no punch-ins, no holidays, no salary slips, and crucially no mention in the nation’s GDP figures.
At 5 a.m., a vast segment of India’s workforce begins its day. There are no punch-ins, no holidays, no salary slips, and crucially no mention in the nation’s GDP figures.
According to key findings for persons of age 15 years and above following CWS, the Unemployment Rate (UR) among male of age 15 years and above has declined to 5 per cent in August, the lowest level observed since April.
India’s Gen Z (born between 1997 and 2012) is not just joining the workforce; they’re redefining it.
Addressing a gathering of workers, contractors and officials at the Labour Skill Certification Ceremony here, the minister underlined the role of skill development in realising the vision of ‘Viksit Bharat 2047’, according to an official release here.
The company said the information is "factually incorrect" and categorically dismissed the claims made in the report.
This information was shared by Minister of State for Women and Child Development Savitri Thakur in Lok Sabha in reply to a question today.
India’s economic growth has long been a cornerstone of optimism, buoyed by strong domestic demand, a dynamic workforce, and a robust services sector. However, recent data points to early signs of strain, raising critical questions about the sustainability of this growth trajectory.
“India’s skilled workforce is gaining immense global recognition, with our talent pool being widely appreciated. Our emergence as a global skill capital is a testament to our commitment to excellence,” said the Union Minister of State (Independent Charge) for Skill Development and Entrepreneurship (MSDE) and Minister of State for Education, Jayant Chaudhary.
India’s demographic dividend ~ a youthful, rapidly growing workforce ~ represents a golden opportunity to bolster economic growth and drive innovation. However, reaping this dividend requires more than surface-level measures like skill training programmes.
The upcoming festive season in India is likely to see the creation of up to 10 lakh jobs with a notable surge in gig and female workforce participation, a report showed on Thursday.
