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A $16-bn loan book is making India's biggest private lender tense

India’s most valuable lender by market capitalization decided against proceeding with an earlier proposal to extend the employment of ...
The Economic Times
English EditionEnglish Editionहिन्दीગુજરાતી
| 13 July, 2020, 09:50 AM IST | E-Paper


    NSDC, Microsoft announce partnership to empower Indian youth with digital skills

    The objective of the partnership is to transform India into a skilled nation. Microsoft will collaborate with NSDC’s eSkill India portal to provide free access to learning resources and conduct digital skilling awareness drives, equipping the next generation of learners with the skills they need to thrive in a digital economy.

    Govt develops ASEEM portal for sustainable livelihood opportunities

    The ASEEM portal, developed by the National Skill Development Corporation...

    India is giving its migrants the licence to skill

    The move is in line with the recently unveiled Garib Kalyan Rojgar Abhiyan and comes after ...

    • ​ The partnership aims to strengthen NSDC's online content aggregation platform - eSkill India - through which it enables e-learning amongst skill seekers and will contribute towards strengthening the Skill India mission, TCS iON said in a statement.

      It seems that although a large chunk of conventional types of jobs can become less attractive for the informal workforce, but there will be some jobs where the existing workforce can be put to use their existing skills. This can serve the twin purpose of providing employment while also ensuring that adequate skilled workforce is available for critical and upcoming tasks in the economy.

      "We have assessed that skilled professionals can earn up to 9 per cent more, while those who complete certifications can earn almost 15 per cent more than unskilled workers," said an official. .

      About ₹30,000 crore will be made available to states in 2020-21 under the Jal Jeevan Mission. The scheme aims to provide a functional tap water connection to each of the over 14.8 crore rural households.

      Across the board, a clear position emerges among HR leaders: the old frameworks, policies and procedures will no longer work, going forward. Arriving at new frameworks for a post-COVID paradigm requires CHROs not only to invest afresh in employees but introspect and reorient themselves to the unfolding uncertainties of the future.

      "Our government has accorded the highest priority to promoting the interests of Indian emigrants for the last six years," Jaishankar said. The government's focus has been to provide better opportunities and welfare measures to prospective migrants, he added.

      The Centre, through the skill ministry's National Skill Development Corporation, started the work of creating a database of skilled workers coming from Gulf and other countries.

      Naik has been re-appointed as a non-executive chairman for a period of three years with effect from October 1, 2020 and up to September 30, 2023, it said, adding Dip Kishore Sen has been reappointed as a whole-time director with effect from October 1, 2020 and up to April 7, 2023.

      The Kerala State Coir Corporation has brought out coir mats with sanitising solutions that can control the spread of Covid virus indoors through footwear. ``We hit upon the idea when the sales of coir products in the domestic as well as in overseas markets fell sharply due to Covid 19,’’ said Kerala finance minister Thomas Issac.

      Govt promotes establishment of model and aspirational skill centres known as Pradhan Mantri Kaushal Kendra (PMKK) in every district in the country for imparting skill training in the districts. For establishment of PMKK, capital expenditure up to 75% of the project investment as well as operational support is provided through the implementing agency, the NSDC.

      The company has created qualification packs to define the competency standards that will provide a framework for academic institutions to design their course curriculum to better conform to industry hiring standards. These have been approved by National Skill Development Corporation (NSDC), National Skill Development Agency (NSDA), and National Skills Qualifications Committee (NSQC).

      As per the National Sample Survey Office report on migration in India, almost 55% households in rural areas and 67% in urban areas migrated for employment-related reasons in 2007-08. The survey was conducted between July 2007 and June 2008, and covered a sample of over 572,000 people.

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