India’s economic growth has long been a cornerstone of optimism, buoyed by strong domestic demand, a dynamic workforce, and a robust services sector. However, recent data points to early signs of strain, raising critical questions about the sustainability of this growth trajectory.
“India’s skilled workforce is gaining immense global recognition, with our talent pool being widely appreciated. Our emergence as a global skill capital is a testament to our commitment to excellence,” said the Union Minister of State (Independent Charge) for Skill Development and Entrepreneurship (MSDE) and Minister of State for Education, Jayant Chaudhary.
India’s demographic dividend ~ a youthful, rapidly growing workforce ~ represents a golden opportunity to bolster economic growth and drive innovation. However, reaping this dividend requires more than surface-level measures like skill training programmes.
The upcoming festive season in India is likely to see the creation of up to 10 lakh jobs with a notable surge in gig and female workforce participation, a report showed on Thursday.
Among the dedicated railways workforce, a talented voice shines bright. Rimi Chakraborty, a gifted artist and dancer, presently posted as technician-I at the office of principal chief mechanical engineer at Eastern Railway headquarters.
Music streaming platform Tidal has laid off more than 10 per cent of its workforce, or about 40 employees.
Homegrown quick-grocery delivery provider Dunzo, set to raise $35 million in funding from existing backers like Reliance Industries and Google…
Popular video game company Electronic Arts (EA) is laying off around 6 per cent of its workforce amid global macro-economic uncertainties.
Respondents reported challenges caused by the sudden transition to remote work, with 72 per cent citing they were not fully prepared from a technology perspective.
It will be interesting to see how this wave of e-learning becomes the next big step for talent acquisition, disrupting two industries at once - Education and Hiring.
