Jobs, employment, hiring

Share of women among new subscribers grows to 26% in FY23 from 21% in FY19; share of young people (18-28 age group) getting formal jobs has risen to 66.5% in FY23 from 62.1% in FY21

Indian Army

Army job aspirants can apply only once a year for recruitment rallies with a common entrance exam held first, an Army official said.
Briefing reporters about various stages involved in the new recruitment scheme, Brigadier Jagdeep Chauhan Deputy Director General Recruiting (Rajasthan) said that the common entrance exam will be held first and the physical and medical exam of the qualified candidates will be held later.
In the earlier pattern of recruitment, the entrance exam used to be held after the physical test.
He emphasized that aspirants should apply between February 16  and March 15 this year and they apply only once a year for recruitment rallies.
The first phase of the new recruitment system includes recruitment notification, online registration, issue of admit cards, the conduct of the online Common Entrance Exam, publication of results and call-up.
The second phase involves admit card and biometric verification, physical fitness test, physical measurement test, medical .

Mumbai, local train, suburban, transport, passengers, people, population, economy, growth, jobs, employment

The urban population is more educated and generally has a different set of job preferences than the rural

chart

Real rural wages of general agriculture labourers (male) rose just 2.64 per cent in September, followed by 3.11 per cent in October, and again 2.64 per cent in November

labour force, jobs, employment, unemployment, women, gender, female, workers, construction, real estate, welfare schemes

Three states launched urban employment guarantee schemes to tackle the pandemic-induced job losses that affected women more than men during the first wave

Career counsellor

The best time to approach a career counsellor is when your child is in class nine--someone who will help him dodge the duds and choose a line based on the child's interests, aptitude and ability

It could be a new scheme or modified version of an existing employment programme, officials say

migrants, workers, shramik trains, railways, people, passengers, coronavirus, covid

Officials try to put to rest controversy over exclusion of West Bengal, other states from the list

Illustration by Ajay Mohanty

Breakthrough will come from what we teach and how

RBI imposes penalty on SBI, Indian Bank, Punjab & Sind Bank

Das asserted that directors in UCBs, who are elected to their positions, must possess expertise in diverse banking functions, including risk management and information technology

Shaktikanta Das

In Feb 2018, the MoD established two defence industrial corridors to serve as engines of economic development and growth of defence industrial base in the country

An exhibit of Su 30 MK-I fighter aircraft at the Bharat Dynamics Limited (BDL) pavillion during the 12th edition of DefExpo, in Gandhinagar on Tuesday

Defence Expo 2022

Weak demand, global slowdown add to their woes

Crude oil

International credit agency Moody's Investors Service has made sweeping assertions against Aadhaar without citing any evidence, the Unique Identification Authority of India (UIDAI) said on Monday.
The UIDAI issued a strong rebuttal to Moody's Investors Service which claimed that the Aadhaar system often results in service denials and the reliability of biometric technologies, especially for manual labourers, in hot and humid climates is questionable.
"A certain investor service has, without citing any evidence or basis, made sweeping assertions against Aadhaar, the most trusted digital ID in the world. Over the last decade, over a billion Indians have expressed their trust in Aadhaar by using it to authenticate themselves over 100 billion times," the UIDAI said in a statement.
The unique id Aadhaar's custodian said that the report in question does not cite either primary or secondary data or research in support of the opinions presented in it.
"The investor service did not make any

Adhaar, UIDAI

India has the potential and should aim to grow at 8 per cent annually to bring about transformative changes in the lives of millions of people by around 2050, said noted economist and former US Treasury Secretary Larry Summers here on Saturday.
India's GDP growth in 2022-23 was 7.2 per cent as against 9.1 per cent in 2021-22. According to the Reserve Bank of India's projections, India's GDP will likely grow 6.5 per cent in the current fiscal year.
Summers clarified that 8 per cent growth was not his forecast on the basis of current policy, but added, "given India's potential, even in a more challenging world economy, I believe that it is an imaginable goal.
"...an eightfold expansion in the economy is transformative in the lives of hundreds of millions of people. I think it is something to target as India defines its greatness in this next century."
In his lecture on 'The World is on Fire', organised by the CII in partnership with Department of Economic Affairs (DEA), the eminent .

RURAL DEVELOPMENT, GDP, ECONOMYRURAL DEVELOPMENT, GDP, ECONOMY

The income tax department on Saturday asked taxpayers to respond to intimation from the I-T department regarding outstanding demands of previous years to facilitate faster clearance of refunds for 2022-23 fiscal.
With some taxpayers taking to social media about receiving intimation from the I-T department regarding past unsettled tax demands, the department in a post on 'X' said, this is a taxpayer-friendly measure where an opportunity is being provided to assessees in line with "principles of natural justice".
As many as 7.09 crore returns have been filed for income earned in 2022-23 fiscal. Of these, 6.96 crore ITRs have been verified, of which 6.46 crore returns have been processed as on date, including 2.75 crore refund returns.
"However, there are a few cases in which refunds are due to the taxpayer, but previous demands are outstanding, the department said," the I-T department said.
The Section 245(1) of Income-tax Act, 1961, mandates providing an opportunity to taxpayers to 

ITR, Tax, income tax, income tax returns

TRAI has mooted 'concurrent PLI scheme' focussing on components and sub-assembly manufacturing to facilitate collaborated production activities, as it released an extensive set of recommendations to promote manufacturing of networking and telecom gear in India through tax benefit, dedicated master fund and other sweeteners.
With a sharp gaze on goals of scaling domestic production and local value addition in global value chains, TRAI in its recommendations favoured additional two per cent benefit under the design-led PLI scheme for product lines meeting a certain criteria, while also talking of a dedicated 'Networking and Telecommunications Equipment Development' fund.
In order to spur innovation and encourage industry's drive towards beneficially owned resident Intellectual Property Rights (IPRs), lower corporate income tax has also been recommended. This would apply if the enterprise is continuously engaged in R&D driven manufacturing and attains half of its turnover based on ...

telecom

Prime Minister Narendra Modi on Saturday attended an all-women public meeting in his parliamentary constituency Varanasi, where the women showered flower petals on him for the Parliament's nod to the women's reservation bill.
The event was organised at the ground of Sampurnanand Sanskrit Vishwavidyalaya. Uttar Pradesh Chief Minister Yogi Adityanath accompanied Modi at the function.
The prime minister reached the venue after laying the foundation stone of an international cricket stadium in Varanasi.
Modi is currently representing Varanasi in the Lok Sabha for a second consecutive term.
The 128th Constitution amendment bill, referred to as the Nari Shakti Vandan Adhiniyam, to reserve one-third of the seats in the Lok Sabha and state assemblies for women received the Parliament's nod on Thursday.

Prime Minister Narendra Modi, PM Modi

Heavy rainfall lashed several parts of Nagpur for the last two days. The weather agency has already announced an alert for rainfall for Saturday as well

Commuters walk on waterlogged railway tracks following heavy rains, at Kurla in Mumbai (Photo: PTI)

Mumbai rains, waterlogging

The Nijjar murder is fast unfolding into treacherous scenarios that could have tragic consequences for both nations. No one stands to gain from the ongoing face-off

India Canada

India's rage is misplaced and hardly serves to endear the country to those appalled by the idea that it may have had a Canadian citizen killed

The leaders of both countries should encourage bilateral trade and people-to-people exchanges that can help build bridges

Canada has updated travel advisory for its citizens in India asking them to "stay vigilant and exercise caution" in the context of recent developments as there are calls for protests and some "negative sentiment" towards Canada on social media.
Tensions flared between India and Canada following Canadian Prime Minister Justin Trudeau's explosive allegations of a "potential" involvement of Indian agents in the killing of Khalistani extremist Hardeep Singh Nijjar, 45, on his country's soil on June 18 in British Columbia. India had designated Nijjar as a terrorist in 2020.
India angrily rejected the allegations as "absurd" and "motivated" and expelled a senior Canadian diplomat in a tit-for-tat move to Ottawa's expulsion of an Indian official over the case.
"In the context of recent developments in Canada and in India, there are calls for protests and some negative sentiment towards Canada on social media. Please remain vigilant and exercise caution," the Canadian government said in an

Fair market regulator is getting more powers as its new leadership settles in at work

On Tuesday, Bengaluru bandh was declared to protest against the Cauvery water release to Tamil Nadu through Karnataka. Bandh will create disruption in normal life in the capital city

cauvery row

Outlook should be broader and ask why Indian carriers have a small share in international routes, he says

indigo

Air India and Singapore Airlines will ensure minimum capacity on various domestic and international routes, including Delhi-Sydney and Delhi-Paris, as part of commitments made to fair trade regulator CCI to address possible competition concerns arising out of the Vistara merger.
Competition Commission of India (CCI), on September 1, approved the proposed merger of Vistara with Air India under a deal wherein Singapore Airlines will also acquire a 25.1 per cent stake in Air India.
Certain competition concerns due to the proposed merger were raised by the watchdog and to address them, the airlines have given certain commitments with respect to the merger.
As per the commitments, Air India has voluntarily offered to maintain "minimum capacity/ supply level" on certain overlapping O&D (Origin & Destination) domestic and overseas routes.
They are Bhubaneshwar-Delhi, Bengaluru-Guwahati, Cochin-Delhi, Delhi-Thiruvananthapuram, Amritsar-Delhi, Bhubaneshwar-Mumbai and Bengaluru-Delhi in

For comparison, the privatisation of Air India will result in an HHI score for the Indian aviation industry increasing by nearly 730 points from 2,775 to 3,503.

Aviation Sector, Aviation Industry

A day after the BJP announced its second list of candidates for the Madhya Pradesh assembly polls, the Congress on Tuesday said no matter who it fields, the people of the state have decided to oust those who had formed the government through the back door.
The opposition party said that with the announcement of the list, it seems results have been declared even before the polls.
The BJP on Monday released its second list of 39 candidates for the Madhya Pradesh assembly polls. It fielded Union ministers Narendra Singh Tomar, Prahlad Singh Patel and Phaggan Singh Kulaste and four other party MPs for the elections.
Besides the ministers, the MPs fielded are Rakesh Singh, Ganesh Singh, Riti Pathak and Uday Pratap Singh -- all from Lok Sabha.
Addressing a press conference at the AICC headquarters, Congress' media and publicity department head Pawan Khera also slammed Prime Minister Narendra Modi over his remarks in rallies in Madhya Pradesh and Rajasthan on Monday.
He said the Congress

job programmes

Formal job creation up second year on trot, hits 4-yr high, shows EPFO data

'Army job aspirants can apply only once a year for recruitment rallies'

Making urban MNREGA workable: A question of getting the structure right

Tepid rural wage growth poses stiff challenges for economic recovery

How urban job guarantee schemes can provide equal opportunity to women

A career counsellor to navigate your child through a plethora of choices

Covid-19 impact: Govt plans job scheme for urban poor and migrants

After initial row, govt may expand list of districts under rural job scheme

How to make jobs programmes work