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Tag: India
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Qatar Airways Global Recruitment Campaign
Qatar Airways is currently conducting a global recruitment campaign that is described as “the biggest talent acquisition in the history of the aviation industry.”.
Qatar Airways is accepting applications from Indian citizens for recruitment events in Delhi (16–17 September) and Mumbai (29–30 September) starting September 16.
While the event in Delhi seemed to go smoothly, the first day of the recruitment campaign in Mumbai was chaotic. The person in charge clearly did not expect so many participants and was overwhelmed by the number of participants. Many candidates were reportedly asked to leave without an interview.
We are extremely sad to watch this video of educated and unemployed youth in India. I hope that in the coming years, Indian entrepreneurs will come up to reduce the unemployment ratio in India. It’s very important to work on that because as per current stats of India about unemployment. We are not doing up to the mark neither government is able to provide jobs to our youth also the competition to get a job is getting high day by day in all the industry.
What do you think? What is the reason for unemployment in India? What suggestions would you like to make to reduce the unemployment rate in India? Let us know in the comments.
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Fitness Challenge by CEO of Zerodha Nikhil Kamath
A new fitness challenge for staff members has been introduced, adding to a long list of staff health-related activities.
Nitin Kamath, the CEO of one of the fastest-growing online brokerage companies, Zerodha, challenges their Employees to lose weight and offers Rs 10. lakh as a reward. Zerodha boss sets fitness challenge for employees; announces 1-month bonus, ₹10 lakh motivation kicker
Kamath said the fitness challenge would be optional. In this challenge, an individual needs to burn at least 350 active calories per day, in any form.
Calling work from home and sitting as the new “smoking,” he added, “We are doing whatever it takes to nudge everyone on the teams, & hopefully, they and their families will move daily.”.
It was a good move by the founder of Zerodha because nothing is more important than health. If the employee stays fit, obviously, it will impact productivity and give a boost to a happy culture in a company. Companies should come forward and announce this kind of health-related challenge to their employees to encourage their fitness.
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IIT Madras placements: The highest salary offered is $250,000.
The average salary received by students during campus placements for 2021–22 is Rs. 21.48 lakh per annum.
With a total of 1200 job offers received from more than 350 companies during phases I and II of campus placements, the Indian Institute of Technology Madras (IIT Madras) has recorded the highest ever number of job offers in an academic year, which is great news for them.
231 pre-placement offers were also received from students’ summer internships. A total of 1,430 job offers were recorded, which is higher than the previous highest of 1,151 job offers recorded in the 2018–19 academic year.
This also includes 45 international job offers from 14 companies, which, as per IIT-Madras, is also a new record high. Of these, 11 came from Rakuten Mobile, Inc., while other global offers came from Glean, Micron Technologies, Honda R&D, Cohesity, Da Vinci Derivatives, Accenture Japan, Hilabs Inc., Quantbox Research, MediaTek, and Uber.
During the first and second phases of campus placement, 131 start-ups made as many as 199 offers. Meanwhile, all 61 MBA students were placed this season, resulting in a 100% placement rate for the Department of Management Studies at IIT Madras.
Every year, IIT Madras conducts placement in two stages. While phase I occurred between December 1 and December 31, 2021–22, phase II typically begins in the second half of January and continues until the end of the school year. Phase II of campus placements ran from 2021–22 until May 27, 2022.
131 start-ups made as many as 199 offers during the first and second phases of campus placement. Meanwhile, all 61 MBA students were placed this season, giving IIT Madras’ Department of Management Studies a 100% placement rate.
The average salary received by students during campus placements in 2021–22 is Rs 21.48 lakh per year. The maximum available compensation is $250,000.
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IIT Delhi Campus Internship 2022 – More than 100 companies participated.
There were approximately 130 companies in IIIT-D, of which 108 provided salaries of 10-45 lakhs and Some companies provided salaries of 6-10 lakh. Indraprastha Institute of Information Technology Delhi (IIIT-D) completed its campus internship this year, offering the best annual package of 110,0000-470,0000 rupees per year.
The institute hosted about More then 100 companies, where competitive salaries ranging from 10 to 45 Lakh and 32 provided competitive salaries ranging from 6 to 10 lakh. Companies like Google, Microsoft, LinkedIn, American Express, , Amazon, etc. have joined the recruitment process and varied into the current batch. Of the students who provided the role.
This year, the overall batch campus placement rate in 2022 was 98.10%, with students receiving an average wage of 19.72 lakh rupees and a median of 16.50. lakh In addition, the highest compensation offered to an Indian-based brokerage firm is reported to be 470,000 rupees per year. For overseas internships, this year’s highest salary package was 1.84 cr, with the second highest being 54.83 lakh rupees.
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Kerala has set a goal of getting over 15,000 startups and 2,00,000 jobs in next 5 years, Chief Minister Mr. Vijayan said.
He changed into inaugurating version of the `Huddle Global 2022′ organized via Kerala Startup Mission.
Also, the Chief Minister opened the primary Fintech Accelerator and Finishing School within the state at the sidelines of the two-day big-priced conclave that brought together worldwide leaders from the startup eco-machine to reinforce networking and forge partnerships.
Along with the startup infrastructure at the Technology Innovation Center in Kochi, the authorities is thinking about a comparable campus in Thiruvananthapuram to awareness on rising technology, he stated.
Huddle Global 2022′ gives startups a platform to exhibit merchandise and engage with era/enterprise leaders, except supplying them the scope to discover methods on transferring in advance within the global rising from COVID-19.
Given that India is one of the world’s biggest startup ecosystems, with more than 55,000 startups, the authorities is privy to the importance of every state’s contribution to the general improvement of this country’s startup ecosystem. Startup India rating locations Kerala as one of the pinnacle Indian States for startup surroundings, Vijayan stated.
Stating that the technique followed by schools, faculties, and the expert eco machine has created modern startups, he stated that numerous authorities tasks, together with IEDC (Innovation and Entrepreneurship Development Centres for faculties), YIP (Young Innovators Programme), programs for incubation and acceleration, company innovation, and so forth, have made Kerala the first-class vicinity to begin and develop enterprises.
Minister for Industries, Law, and Coir P. Rajeev, in his presidential deal with the meeting, stated Kerala has constructed a completely unique version to nurture startups from ideation to the scale-up stage.
The purpose of Huddle Global is to create an environment in which the ardor meets the cause to learn, network, bridge the space among commercial enterprises, disclose capability, and notice the real results he brings.
In his video message, Alderman Vincent Keaveny, Mayor of the metropolis of London and associate in commercial enterprise regulation organization DLA Piper, stated India is at the verge of turning into Asia’s pinnacle fintech hub, just as the United Kingdom is Europe’s pinnacle fintech hub.
The Fintech Accelerator and Finishing School is an initiative of Kochi-primarily-based Open Financial Technologies in collaboration with KSUM to guide startups developing fintech solutions.
Open Financial could be making an investment of Rs 100 crore for the subsequent 5 years as a part of the center of excellence and Fintech Accelerator.
Open Fintech Accelerator could release its first cohort on March 1.
On the primary day of the occasion, KSUM signed MoUs with Google for Startups, Habitat, Jetro, Global Accelerator Network, I Hub Gujarat, NASSCOM, and CSL, amongst others.
One of Asia’s biggest startup eco-machine congregations and India’s largest networking platform for entrepreneurs, the occasion specializes in commercial enterprise, funding, and partnership possibilities for startups amid sustained combat towards the pandemic-precipitated stalemate.
The occasion, presenting keynote periods, management talks, tech talks, startup demo and different commercial enterprise-oriented activities, has a startup expo of each worldwide and Kerala-primarily based totally
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Delhi Top University : Top most prestigious university in India
Discover Delhi’s Top Universities: Unlocking Success in Any Field
Delhi’s got brainy schools, like the super famous University of Delhi! These top unis are all over the world rankings, and they teach everything from business and engineering to painting and singing. So no matter what you love, Delhi’s got a school for you.
These schools are loaded with fancy libraries, cool labs, and teachers who know their stuff. But it’s not all books and tests! You can also take quick courses on fun things like pottery or dancing, and meet new friends from all over.
So, if you’re dreaming of a big, bright future, come to Delhi! Its top universities can help you unlock your talents and chase your dreams, whatever they may be!
Here’s why Delhi should be your top choice for higher education
- Elite Universities: Delhi is home to renowned institutions like University of Delhi, known for its academic excellence and strong alumni network. These universities attract the brightest minds, offering top-notch faculty and cutting-edge programs.
- Broad Spectrum of Studies: Dive into any field that sparks your curiosity! From traditional courses like business and engineering to creative pursuits like music and art, Delhi’s universities cater to diverse interests and career aspirations.
- World-Class Resources: Prepare for success with access to state-of-the-art facilities, well-stocked libraries, and experienced faculty. Delhi’s universities prioritize quality education, investing in resources that equip students for the global stage.
- Beyond Academics: Learning extends beyond textbooks in Delhi. Universities offer a plethora of short-term courses and extracurricular activities, allowing you to explore hobbies, develop new skills, and connect with like-minded individuals.
Delhi NCR Top Rank Universities
The most reputable university ranking system (QS) ranked Delhi University 81st in Asia. In addition, India Today regularly ranks the University of Delhi as the best university for general education. Below are some of the best universities in Delhi NCR.
- University of Delhi (Dilli Vishwavidylaya) : (DU) is the oldest university in Delhi and is one of the most prestigious universities in India. It is a public university with over 70 colleges affiliated to it. DU offers a wide range of courses, including arts, science, commerce, law, and engineering.
- Jamia Hamdard : (JMI) is a central university located in New Delhi. JMI is a minority institution that offers a wide range of courses, including arts, science, social sciences, and humanities. It is also known for its strong emphasis on research.
- Jawaharlal Nehru University (JNU) : (JNU) is a central university located in New Delhi. JNU is known for its academic excellence and its commitment to social justice. It offers a wide range of courses, including arts, science, social sciences, and humanities.
- Guru Gobind Singh Indraprastha University : (GGSIPU) is a public university located in Delhi. GGSIPU is a relatively new university, but it has quickly become one of the top universities in Delhi. It offers a wide range of courses, including engineering, technology, management, and law.
- Indian Institute of Technology Delhi: (IIT Delhi) is a premier institute of technology located in Delhi. IIT Delhi is one of the most prestigious universities in India and is consistently ranked among the top universities in the world. It offers a wide range of engineering courses, as well as courses in science, mathematics, and humanities.
- Delhi Technological University : (DTU) is a public university located in Delhi. DTU is one of the top engineering universities in India. It offers a wide range of engineering courses, including computer science, electrical engineering, mechanical engineering, and civil engineering.
Some of these include:
- Indira Gandhi National Open University (IGNOU)
- Jamia Millia Islamia
- Delhi Pharmaceutical Sciences and Research University
- National Law University
- Indian Agricultural Research Institute
- Shri Lal Bahadur Shastri National Sanskrit University
Delhi NCR’s Top Colleges for Business Administration
- Faculty Management Studies (FMS)
- Delhi School of Economics (DSE)
- Indian Institute of Foreign Trade (IIFT)
- Maharaja Surajmal Institute
Delhi’s vibrant academic scene presents exciting opportunities for every learner. So, don’t just dream – unlock your potential in Delhi’s top universities and step into a future brimming with success!
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Serious Issues of unemployment in India
More than 10,600 individuals passed on by self destruction in India in 2023 on the grounds that they were jobless, poor or because of liquidation and obligation, denoting a 8% increment north of 2022.
The latest government statistics shows at least approx 30 people daily in India doing suicide due to unemployment. Other side bankruptcy or indebtedness reduced in 2022, deaths due to poverty and unemployment recorded an increase.
Unemployment is a serious problem in India. According to the National Sample Survey Office (NSSO), the unemployment rate in India was 8.11% in April 2023. This means that about 43 million people were unemployed in India in April 2023.
There are many serious issues associated with unemployment in India
Some of the most serious issues include:
- Poverty: Unemployment is a major cause of poverty in India. When people are unemployed, they are unable to earn a living and they often fall into poverty.
- Social unrest: Unemployment can lead to social unrest. When people are unable to find jobs, they may become frustrated and angry. This can lead to protests, riots, and other forms of social unrest.
- Brain drain: Unemployment can also lead to brain drain. When people are unable to find good jobs in India, they may decide to move to other countries in search of better opportunities. This can lead to a loss of talent and skills for India.
- Economic growth: Unemployment can hinder economic growth. When people are unemployed, they are unable to contribute to the economy. This can slow down economic growth and make it difficult for India to compete in the global economy.
There are many factors that contribute to unemployment in India
Some of the most important factors include:
- Rapid population growth: India has a rapidly growing population. This puts a strain on the economy and makes it difficult to create enough jobs for everyone.
- Lack of education and skills: Many people in India do not have the education or skills that are needed for the jobs that are available. This makes it difficult for them to find jobs.
- Rigid labor laws: India’s labor laws are often seen as being too rigid. This makes it difficult for businesses to hire and fire workers, which can lead to unemployment.
- Corruption: Corruption is a major problem in India. This can make it difficult for businesses to operate and can lead to unemployment.
There are a number of things that can be done to address the issue of unemployment in India
Some of the most important things include:
- Investing in education and skills: India needs to invest in education and skills training. This will help to ensure that people have the skills that are needed for the jobs that are available.
- Reforming labor laws: India needs to reform its labor laws. This will make it easier for businesses to hire and fire workers, which can help to reduce unemployment.
- Tackling corruption: India needs to tackle corruption. This will make it easier for businesses to operate and can help to create jobs
Table of Stats
Stat Value Unemployment rate in India (April 2023) 8.11% Number of unemployed people in India (April 2023) 43 million Percentage of people living in poverty in India (2022) 21.9% Number of people who have migrated from India in search of work (2022) 3.5 million Contribution of unemployment to economic growth (2022) -2.5% Unemployment is a serious problem in India. It has a number of negative consequences for the economy, society, and individuals. However, there are a number of things that can be done to address the issue of unemployment. By investing in education and skills, reforming labor laws, and tackling corruption, India can create a more prosperous and equitable future for its citizens.
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Omicron Variant Impact on jobs
Omicron Variant Impact on jobs and hiring in India. White-collar jobs market is likely to remain unhindered for the moment despite fears over the new Omicron variant. Top company said
The growth that the white-collar jobs has been witnessing over the last 4-5 months is expected to continue unless there is an intense third wave of the pandemic that leads to stricter restrictions and disruption of the supply chain.
Big companies like Tata Steel, Axis Bank, RPG Enterprises and Motilal Oswal Financial Services, and startups like Upgrad said they do not expect hiring to get impacted third wave of the pandemic. We do not see any impact on our hiring plans,” said a Tata Steel spokesperson.
The white-collar jobs market is aided by projections of robust economic growth. A rise in consumption, increase in private equity and M&A deals as well as expanding vaccination coverage to manage the impact of third wave of the pandemic. Adding to these are a shortage of talent and high attrition in several sectors.
“Demand and supply gap is leading to increased action. There is demand for talent in both tech and non-tech roles,” Sudhir Dhar, executive director, HR, at Motilal Oswal Financial Services told ET, adding:
New-age economy companies and ecommerce majors, flush with liquidity and growing at a heightened pace after Covid, will also continue to hire despite concerns over a possible third wave as they are facing rising attrition and all-time high offer dropouts – candidates rejecting an offer from one company and taking up another.
“We are continuing with what we are doing and the same holds true for future plans as well,” said Mayank Kumar, cofounder of edtech firm upGrad.
“The plan is to grow employee base net at 1,000 to 1,500 more employees at a group companies’ level as well as to cater to our Indian and global teams by the exit of this financial year,” he said. Sectors such as IT, outsourcing, funded startups, tech and financial services will continue to hire.
Other side Travel and hospitality industry is going through with the hard times and big groups is facing issues to manage their employees because of revenue loss. Third wave of the pandemic is not same for all the industry. Jobs Innovators understand the severity of third wave of the pandemic and their impact on jobs in India and across the world. Mainly small businesses who is going to suffer a lot. In this tuff time all the industries should be ready and take the necessary precautions and decisions which would keep their business smoothly.
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Temporary staffing services in India: A Solution for Growing Businesses
The Indian economy is growing rapidly, and with it, the demand for temporary staffing services. Businesses of all sizes are turning to staffing agencies to help them fill short-term vacancies, handle seasonal fluctuations, and complete special projects.
Hire workers for a specified duration or particular project basis, instead of recruiting them on a permanent basis. A temp is a temporary worker who works with a client company, but is on the pay roll of a third party staffing company. Today’s changing business environment required solutions for meeting your staffing requirements. Jobs Innovators Temporary staffing services in India
There are many benefits to using temporary staffing services
- It can help businesses save time and money. Instead of spending time and resources on recruiting and hiring, businesses can simply outsource their staffing needs to a staffing agency. This can free up valuable time and resources that can be used on other aspects of the business.
- Temporary staffing services can help businesses access a wider pool of talent. Staffing agencies have access to a network of qualified candidates, including those who are not actively looking for work. This can help businesses find the right people for the job, even if they are in a competitive hiring market.
- Temporary staffing services can help businesses reduce risk. When businesses hire temporary workers, they are not making a long-term commitment. This means that if the worker does not work out, the business can easily terminate the contract. This can help businesses avoid the costs associated with hiring and firing employees.
We also manage the necessary statutory data for these employees on temporary services. We can also provide industry benefits customized to clients requirements. Jobs Innovators ensuring equality in employee benefits between company’s staff and temp staff.
The Advantages of Temporary Staffing in India
Some of the key benefits include:
- Cost savings: Temporary staffing can help businesses save money on recruiting, hiring, and onboarding costs.
- Access to a wider pool of talent: Staffing agencies have access to a network of qualified candidates, including those who are not actively looking for work.
- Reduced risk: When businesses hire temporary workers, they are not making a long-term commitment. This means that if the worker does not work out, the business can easily terminate the contract.
- Flexibility: Temporary staffing can help businesses be more flexible in their workforce planning. This is especially important for businesses that experience seasonal fluctuations or need to complete special projects.
While offering these Temporary staffing services in India, Jobs Innovators works across several industry verticals, catering to requirements of leading names in BFSI, Consumer Durables, Retail, Telecom, Chemical, Manufacturing, e-commerce, Pharmaceuticals and healthcare sectors.
with an external agency managing all the hr formalities and benefits, companies can just focus on the task on hand and move on. they are able to hire on temporary contract skills that they need without having to worry about who will manage all their benefits administration and formalities.
Table of Stats
Stat Value Number of staffing agencies in India 7,000+ CAGR of the temporary staffing industry in India 13.47% Majority of temporary staffing solutions in India IT and manufacturing sectors Benefits of temporary staffing Cost savings, access to a wider pool of talent, reduced risk, flexibility Factors to consider when choosing a temporary staffing agency Experience, network, fees, customer service Approximately stats I hope this blog post has been helpful. If you have any questions, please feel free to contact us.
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Unemployment Problem of India: Alarming and What Can Be Done
Unemployment Problem of India
India is experiencing an alarming rate of unemployment. In recent years, India’s unemployment rate has continuously increased, and it is now regarded a severe danger to the country’s economic and social stability.
According to the National Sample Survey Office (NSSO), India’s unemployment rate in 2022 would be 7.8%. This means that 7.8 out of every 100 people actively looking for work are unable to find work.
Unemployment among educated young people is a big issue. There are dozens of candidates for every vacancy. Only a few candidates are hired out of the hundreds who are interviewed. A student devotes several years of his life to his education. It is concerning that even after receiving Bachelor’s and Masters degrees, India’s youth face unemployment.
- Rapid population growth: India’s population is expanding at a rate of 1.2% each year. This means that while more people are entering the labour force each year, the quantity of available jobs is not increasing at the same rate.
- Lack of job-creating economic growth: India’s economy has grown slowly in recent years. This has resulted in a labour shortage, particularly in the manufacturing and service industries.
- The mismatch between labour skills and economic needs: The Indian education system is not producing the skills that the economy requires. As a result, there are many unemployed persons who are competent for low-skilled occupations, but there are not enough of these jobs available.
The unemployment problem in India has a number of negative consequences, including
Poverty: Unemployment leads to poverty, as people who are unable to find work are unable to earn a living. This can lead to a vicious cycle of poverty, as children of unemployed parents are less likely to be able to get an education and find a job, which further perpetuates the problem.
Social unrest: Unemployment can lead to social unrest, as people who are frustrated with their lack of opportunities may become more susceptible to radicalization or violence.
Brain drain: Unemployment can also lead to a brain drain, as educated and skilled people leave the country in search of better opportunities. This can have a negative impact on the country’s economic growth.
There are a number of things that can be done to address the unemployment problem in India, including
Improving the education system: The Indian education system must be improved in order to provide the skills required by the economy. More vocational training programmes might be implemented, as well as making it easy for people to retrain for new occupations.
Encourage entrepreneurship: The government should promote entrepreneurship by giving financial assistance and other incentives to new businesses. This would help to absorb the surplus labour force by creating new jobs.
Infrastructure investment: The government should fund infrastructure improvements such as roads, bridges, and power plants. This would provide construction jobs and contribute to economic growth.
India’s unemployment crisis is important, but it is not insurmountable. It is feasible to establish a more affluent future for the country with the correct policies and investments.
Table of Statistics
Year Unemployment Rate (% of Labor Force) 2017-18 6.1 2018-19 6.7 2019-20 7.1 2020-21 7.8 2021-22 8.1 Source: National Sample Survey Office (NSSO) India’s unemployment crisis is important, but it is not insurmountable. It is feasible to establish a more affluent future for the country with the correct policies and investments.