The Union Budget focuses on maximising the employability potential of the country’s young population Modi government’s fourth annual Budget is packed with giveaways and several much-needed programmes. It not only incentivised creation of new jobs in the formal sector, its renewed focus on infrastructure development, skill development, and the rural economy will now have a direct impact on job creation. Every year, around 100 million youth seek jobs in the Indian job market. But according

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EXECUTIVE SUMMARY With the largest number of insurance policies in force in the world, Insurance happens to be a mega opportunity in India. It’s a business growing at the rate of 15-20 per cent annually and presently is of the order of Rs 450 billion. Together with banking services, it adds about 7 percent to the country’s GDP. The gross premium collection is nearly 2 per cent of GDP and funds available with LIC for

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Of the metropolitan cities that join the race in creating job opportunities, Bangalore shoots ahead with a 95 per cent chance in employment opportunities. There is a reason for joy for those looking for jobs in the telecom industry as the sector is expected to create about two million jobs this year. There will be an overall hiring boost, triggered by the entry of new service providers like ‘Make in India’ . “While the increased

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How to Decide Which Job to Take When You Have Options As the job market shifts to a “candidate driven” atmosphere, you could find yourself in a position to be selective about your next job.  Job seekers who are in high demand fields and employees who have a strong track record of career success are often are in the enviable position of being able to choose their next job from multiple opportunities. If you have

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  Going against outsourcing will make America lose jobs, not create more, Nasscom president R Chandrashekar has said, reacting to newly sworn-in US President Donald Trump’s inauguration speech that hinted at reining in outsourcing of services. Speaking to News18, Chandrashekar pointed out that the US has a shortage in skills and Trump wants to create jobs. “The Indian IT industry helps the US on both fronts. So going against outsourcing will make US lose jobs

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Hiring managers and recruiters alike say they’ve seen more poorly written resumes cross their desks recently than ever before. Attract more interview offers and ensure your resume doesn’t eliminate you from consideration by following these seven key tips: 1. Don’t over-complicate things. A resume does not need color, intricate fonts, borders, icons or pictures; unless you are in the creative industry. All a resume truly needs is the four sections shown in the template below: Summary

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NEW DELHI: Increasing use of digitisation, automation and artificial intelligence in businesses and organisations will hit Indian employees the hardest in the world in the short term by cutting jobs. A survey by ManpowerGroup—The Skills Revolution—released recently at the World Economic Forum in Davos asked 18,000 employers in 43 countries across six industry sectors how they expected technology to impact their business in the next two years. For the question—Where will digitization increase or decrease

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New Delhi: India and China together account for the largest technically automatable employment potential— more than 700 million full-time equivalents between them—because of the sheer size of their labour forces. This is a key finding of McKinsey Global Institute’s (MGI) report titled A future that works: Automation, employment, and productivity. According to the report, the automation potential is concentrated in China, India, Japan, the US and the largest European Union nations. More than half the

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As per survey, Indian employees are expected to see an overall projected salary increase of 9% The New Year is expected to bring good news for job seekers with the country’s organised sector set to generate about 8.75 lakh new jobs, though the average salary hike is likely to be in single digit, say experts. The hiring outlook for India got a significant blow post- demonetisation and segments like real estate, construction, infrastructure and high-end

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Over 50% young profs to look for job change in 2017: Survey The government’s move on demonetisation has not affected professional expectations in 2017, as more than 49 per cent employees expect to change jobs and more than 50 per cent of them are looking forward to a substantial increment, a new survey has revealed. The findings show that more than 49 per cent expect to change jobs as they are expecting the economy to

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