Government has approved incentive schemes for creating 1,00,000 employment opportunities a year for the physically challenged persons in the private sector.
Under the scheme, government will take care of the employer's contribution to Employees Provident Fund (EPF) and Employees State Insurance (ESI) for providing employment for the first three years to persons with disabilities. The scheme is valid for persons with monthly income up to Rs 25,000.
The scheme covers all persons with disabilities defined under Disabilities Act, 1995 and National Trust for welfare of persons with Autism, cerebral palsy, mental retardation and Multiple Disabilities Act, 1999.
Sunday, March 30, 2008
More Jobs For Disabled In Pvt Sector
Tuesday, March 18, 2008
BFSI sector to create a million jobs every year
According to industry sources, the rapidly growing banking, financial services and insurance (BFSI) sector in India is expected to create about a million jobs every year for the next five years. The insurance industry will lead by creating 500,000 jobs. The issue is no longer about finding BFSI jobs for people, but ensuring that there are enough people with relevant skills for the jobs at hand.
I feel Ma Foi Employment Trends Survey is too conservative in its projections as far as jobs in the BFSI sector are concerned.
Monday, March 10, 2008
A million new jobs in 2008 in India
Ma Foi Employment Trends Survey estimates that a million new jobs will be created in India in 2008. Health Sector shows the highest growth in recruitment at 8.9% followed by IT at 7.3%, ITES at 7.2% and Hospitality at 6.9%.
Experienced workers are hired more than freshers, who constitute a little more than a quarter of the newly hired. Sectors where the demand for freshers is above 30% include Hospitality, Energy Generation & Supply Sector, ITES and Mining & Extraction.
In the city analysis, Mumbai is poised to generate the highest number of employment followed by Delhi, Chennai and Kolkatta.
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