Read more about Covid will force 18 mn Indians to find a new occupation by 2030: Report on Business Standard. The pandemic will have a lasting impact on labour markets, a report said on Friday
Read more about Hiring sees growth in education, real estate in January: Naukri on Business Standard. Hiring activity saw sequential growth in certain sectors including education, real estate and banking, said a new report from job portal Naukri.com
Hiring activity in India Inc continued to remain stable in January with no changes when compared to the previous month, according to a job analysis report by Monster.com. The employment index has been stable since November 2020, as hiring activity remained consistent with a neutral trend in the last quarter. However, there has been a year-on-year decline of 18% as of January 2021 compared to the previous year due to the impact of the pandemic, according to Monster Employment Index. The report indicates that job postings in some industries have improved, with some doing even better than the pre-Covid levels when compared to January 2020.
Even as India s hiring activities declined last year due to the coronavirus pandemic, there is a sudden increase in demand with about 53 per cent of companies saying they are planning to increase their headcounts in 2021, according to a survey. The pandemic adversely impacted economies across Asia-Pacific, including India, which had entered 2020 with robust hiring activities, according to professional recruitment services firm Michael Page India s Talent Trends 2021 Report . It added that the pandemic led to a dip in hiring activities by 18 per cent in 2020. The survey-based report, however, added that optimism is already starting to show, with about 53 per cent of companies in India looking to increase their headcounts in 2021.
Union minister Nitin Gadkari on Tuesday asked the Tribal Affairs Ministry to coordinate with the MSME Ministry and come up with a scheme to provide employment to 25 people in every tribal village in India. The minister for Micro, Small and Medium Enterprises (MSME) and Road Transport & Highways said five crore jobs should be created by the MSME sector this year. He observed that there are 6.5 crore MSME units in the country and 11 crore jobs have been created through the sector till now. Gadkari said the turnover of village industries at present is Rs 80,000 crore, which needs to be increased to Rs 5 lakh crore.