Hi Friends,

Even as I launch this today ( my 80th Birthday ), I realize that there is yet so much to say and do. There is just no time to look back, no time to wonder,"Will anyone read these pages?"

With regards,
Hemen Parekh
27 June 2013

Now as I approach my 90th birthday ( 27 June 2023 ) , I invite you to visit my Digital Avatar ( www.hemenparekh.ai ) – and continue chatting with me , even when I am no more here physically

Saturday 16 December 2017

INPUTS FOR NATIONAL JOBS POLICY


National  Jobs  Policy :  Treasure  Hunt

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[ To find the treasure , click away on the links ]


News Report Source :  MoneyControl

 

 

National employment policy on the cards in budget 2018


 

The government in the next budget ( 1 ) might introduce a national employment policy ( 2 ) outlining a comprehensive blueprint ( 3 ) to generate quality jobs ( 4 ) in every industry.

 


Prompted by the rising unemployment ( 5 ) in the country, the government in the next budget might introduce a national employment policy ( 6 ) outlining a comprehensive ( 7 ) blueprint to generate quality jobs ( 8 ) in every industry.


The policy blueprint will be shaped by economic ( 9 ) , social ( 10 ) and labour policy ( 11 ) interventions, the Economic Times reported.


The policy is likely to be announced in the upcoming Budget, which will be the last one from the current Prime Minister Narendra Modi-led government before general elections ( 12 ) in 2019.


The employment policy ( 13 ) will have many sides and applications ( 14 ) .


It will incentivize employers ( 15 ) to create more jobs ( 16 ) , introduce economic reforms ( 17 ) appealing to companies along with supporting the medium and small scale industries ( 18 ) which provide a huge chunk of jobs ( 19 ) , a senior government official told ET.

 

Over 10 million youth ( 20 ) join the workforce ( 21 ) every year.


But there are not enough jobs ( 22 ) to engage them and thus, the unemployment issue ( 23 ) has risen to the extent of electoral importance ( 24 ) —used by opposition parties ( 25 ) to attack the Modi-led government.


The job generation ( 26 ) speed faced a six-year low in 2015 as only 135,000 new jobs were created compared to 421,000 jobs in 2014 and 419,000 in 2013, as per a quarterly industrial survey ( 27 ) conducted by the Labour Bureau under the labour ministry ( 28 ) .


Another significant aim of the policy would be to engage more workers ( 29 ) in the country’s organised sector ( 30 ) because that would get them minimum wages ( 31 ) and  social security ( 32 ) , the government official told the newspaper.


The policy could actually be impactful in this regard as over 90 per cent of workers in India are engaged in the informal sector ( 33 ) and hence, does not benefit from any social security law or minimum wage ( 34 ) rule.


The government is closely assessing the labour conditions and employment trends ( 35 ) in the country in order to lay out specific targets ( 36 ) and set up a monitoring system ( 37 ) .

The things the government is looking at include demographic composition of workers ( 38 ) employment challenges ( 39 ) in different sectors, and the overall macroeconomic condition ( 40 ) .



Cross  Reference :



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