Here's what education experts from various fields in India want from the Education Budget 2022. From better digital infrastructure to better education loans, experts are calling out for means to better quality education considering the effect of the Covid-19 pandemic.
An important aspect that the 2022 Budget should address is employment generation and growth across various sectors. Lohit Bhatia President-Workforce Management, Quess Corp & President, Indian Staffing Federation
Unemployment rate stood at 4 8% in FY20: Rameswar Teli indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
Formal job creation data for March shows that the economy was on a revival path
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Synopsis
The payroll data from the ministry of statistics and programme implementation, released on Tuesday, shows a higher number of jobs were created under the Employees State Insurance Corporation and the National Pension Scheme while those under Employees Provident Fund Organisation iwere at par with those created in February.
Net additions under ESIC stood at 1.23 million in December, 0.95 million in November, 1.21 million in October and 1.15 million in September. Average monthly addition under ESIC in 2019-20 stood at 1.2 million.
Higher number of formal jobs were created in the country in March despite the imposition of fresh lockdowns in several states, suggesting formal job creation in India continued to keep up the momentum.
Synopsis
Provisional payroll data from the Ministry of Statistics and Programme Implementation, released on Friday, the number of exits under EPFO stood at 0.28 million in February compared to 0.53 million in January which have been revised upwards from 0.26 million last month.
The net subscribers added under EPFO in December were 0.94 million, 0.69 million in November, 0.90 million in October and 1.23 million in September.
Formal job creation in India maintained its pace with 1.23 million jobs created under the Employees Provident Fund Organisation in February while 1.15 million subscribers were added under the Employees State Insurance scheme. The National Pension Scheme saw second highest addition in the fiscal at 58,250 it in February after April 2020 clocked the highest addition at 64,647.