#YogimaSethSharma

[humanengineers]

Employment: Highest number of formal jobs created in August in this fiscal Source | economictimes.indiatimes.com | Yogima Seth Sharma Highest number of formal jobs so far in the current fiscal were created in the month of August under the Employees Provident Fund Organisation and the Employees’ State Insurance Corporation, signalling a pick up in demand for workers in the organised sector as economic activities gain momentum. The payroll data of the ministry of statistics and programme implementation, released on Friday, shows the net new additions under EPFO stood at 10,05,852 while the number of newly registered employees under ESIC stood at 9,30,803 in August. Even the new subscribers under the National Pension Scheme were higher in August at 37,447 compared to 34,862 in July. However, the highest contribution under the scheme in the current fiscal was in April at 64,647 followed by May at 43,888, largely on the back of last-minute investment to avail tax exemptions. According to the data, the number of people who ceased to contribute to EPFO w... https://humanengineers.com/wp-content/uploads/2020/10/HR-News-25.jpg https://tinyurl.com/ye9fu26m https://humanengineers.com/employment-highest-number-of-formal-jobs-created-in-august-in-this-fiscal/?feed_id=16104&_unique_id=61277d6976359

[humanengineers]

Leadership Distraction: An Under-Used Tool for a Transparent World Source | economictimes.indiatimes.com | Yogima Seth Sharma The labour market in India continues to be under stress primarily because of the fall in the employment rate in rural India and the continued low employment rate in urban India, the Centre for Monitoring Indian Economy said, suggesting urgent need to create more jobs. “The falling employment rate in rural India and the continued low employment rate in urban India are the weaknesses in India’s labour market recovery process,” CMIE said in its weekly analysis. “Given that rural India has a much larger weight in all-India estimates, it is imperative that its employment rate stops falling any further," it added. According to CMIE, keeping the employment rate from slipping is challenging. “To merely keep the employment rate unchanged, the economy has to generate additional jobs. It needs to run to stay where it is,” CMIE suggested. CMIE data shows that the gap between the monthly employment rate in 2020-21 and the cor... https://humanengineers.com/wp-content/uploads/2020/10/HR-News-27.jpg https://tinyurl.com/ykxl6yjv https://humanengineers.com/leadership-distraction-an-under-used-tool-for-a-transparent-world/?feed_id=15879&_unique_id=6124d9b394915