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Employmentopportunitiesto1crore
youthby2020
PTI |Updated:Jan21,2017,10.30PMIST

READMOREON PradhanMantriKaushalVikasYojana|Hyderabad|BandaruDattatreya

HYDERABAD:Thegovernmenthassetatarget
tocreateemploymentopportunitiestoonecrore
Markets News Industry SmallBiz Politics Wealth MF Tech Jobs Opinion Slideshows Magazines More ETNOW Speed ETPortfolio
youth by 2020 through a skill development
scheme under the Pradhan Mantri Kaushal
VikasYojana(PMKVY),UnionMinisterofState
for Labour and Employment Bandaru
Dattatreyasaidtoday.
TheministeralsosaidthattheUnion
Governmenthasdecidedtoopen100 "The Union Government will be establishing
drivertraininginstitutesacrossthe
skill development centres across the country
countryandoneofthemwillbesetup.
with an amount of Rs 12,000 crore to create
employment opportunities to 1 crore youth by
2020,"saidDattatreyaafterinauguratingatwoday'JobMela'here.

The minister said, "To increase employment avenues for job seekers, The
7 Ministry of Labour and Employment is establishing Model Career Centres
(MCC) across the country. There are 950 employment exchanges in the
7 country,outofthese100centreswillbedevelopedasmodelcentresatthecost
Comments ofRs350crore."

The minister also said that the Union Government has decided to open 100
drivertraininginstitutesacrossthecountryandoneofthemwillbesetuphere.

"The Union Government has already sanctioned Rs 170 crore for skill
developmentcentresinTelanganastate.

The model career centre will provide counselling and assessment, soft skills
training,technicalupskillingandplacementtostudents,headded.

READMOREON PradhanMantriKaushalVikasYojana|Hyderabad|BandaruDattatreya

Comments(7) AddYourComments

CrisilsaysFMshouldfocusonjobcreationin
Budget2017

http://economictimes.indiatimes.com/industry/jobs/employmentopportunitiesto1croreyouthby2020/articleshow/56707733.cms 1/9
1/29/2017 Employmentopportunitiesto1croreyouthby2020TheEconomicTimes
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Employmentopportunitiesto1crore CrisilsaysFMshouldfocusonjob Automationmaycurtailemployment Menworklonger,butwomenmoreope


1 youthby2020 2 creationinBudget2017 3 opportunities:CRangarajan 4 toworkingwhileonholiday:Study
NEXTSTORY
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CrisilsaysFMshouldfocusonjob
creationinBudget2017
PTI |Updated:Jan27,2017,04.42PMIST

READMOREON Job|FinanceMinister|Crisil|ArunJailtley

MUMBAI: Stating that employment has not


been increasing in the last three years, rating
agencyCrisiltodaysaidcreatingjobsshouldbe
thetopfocusoftheFinanceMinisterinhisthird
budgettobepresentedonFebruary1.

7
"The last three years have seen a slow but
0 "Weshouldaimatreducingover steadyuptickineconomicgrowth,butitislikely
Comments
employmentinagricultureby that this hasn't been accompanied by
7
providingopportunitiesoutsideit,"it
Comments commensuratejobincreaseinemploymentand
said.
that those sectors which grew faster have low
labour intensity and share in
RELATEDCOMPANIES EXPAND overalloutput,"itsaidinanote.

Crisil 11.75(0.55%)
The agency said over 1.5 million
people are entering the job
market every month and the rapid adoption of automation which reduces the
dependencyonlabourisonlyaggravatingthesituation.

"ThethrustoftheBudgetshouldbeonsectorsthatcanimmediatelypushjob
creation,"itsaid.

Itsaidpolicysupportwillneedamixofbothshorttermandlongtermfocusand
identified the road sector, which has historically helped in times of crisis, as a
potentialsectorbetargetedintheshortterm.

However, the longterm focus must be on alleviating structural constraints to


employment creation, it said and elaborated on longterm employment growth
strategies.

http://economictimes.indiatimes.com/industry/jobs/employmentopportunitiesto1croreyouthby2020/articleshow/56707733.cms 2/9
1/29/2017 Employmentopportunitiesto1croreyouthby2020TheEconomicTimes

"We should aim at reducing overemployment in agriculture by providing


opportunitiesoutsideit,"itsaid.

The manufacturing sector should also be pushed by emphasising on local


manufacturingalongwithimprovingexportcompetitiveness,itsaid.

Policies should be designed to push growth in labour intensive services


sectors such as trade, medical and education services, community and social
andpersonalservices,itadded.

MoreFromBudget
CIIcallsforsmoothtaxdisputesettlementprovisioninBudget2017
YoungIndia'sbudgetexpectations:Cheapergadgets,morejobs
Budget2017:Fourtaxesthatshouldbeloweredorabolished
FinanceMinistrymayscrapsugarcessinBudget2017
Employmentopportunitiesto1crore CrisilsaysFMshouldfocusonjob Automationmaycurtailemployment Menworklonger,butwomenmoreope
1 2 creationinBudget2017 3 opportunities:CRangarajan
youthby2020GovernmentmaymakeAadhaarmustforrailconcessioninBudget2017 4 toworkingwhileonholiday:Study

READMOREON Job|FinanceMinister|Crisil|ArunJailtley
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Comments AddYourComments

Automationmaycurtailemploymentopportunities:
CRangarajan

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Automationmaycurtailemployment
opportunities:CRangarajan
PTI |Updated:Jan24,2017,04.40PMIST

READMOREON JobsInIndia|EmploymentInIndia|CRangarajan|Automation

HYDERABAD:FormerReserveBankGovernor,
CRangarajan today cautioned that automation
which is part of "Digital Age" may curtail
employment opportunities to people even
though it is expected to create jobs at "higher"
levels.

9 CRangarajanhascautionedthat "Though the situation in India with regard to


Comments
automationwhichispartof"Digital replacement of jobs by machines is not
Age"maycurtailemployment
alarming, it should be noted for future
opportunities.

http://economictimes.indiatimes.com/industry/jobs/employmentopportunitiesto1croreyouthby2020/articleshow/56707733.cms 3/9
1/29/2017 Employmentopportunitiesto1croreyouthby2020TheEconomicTimes

considerations," Rangarajan said at the


SeventhFoundationDayLectureattheICFAIFoundationforHigherEducation
(IFHE)here.

LakshmiNarayana,vicechairmanofCognizantdeliveredthekeynoteaddress
titled'DigitalWayForward'.

"Until recently, until the dawn of the digital age, the replacement of human
beingsbymachineswasonlyatalevelwherewhatwasroutineandrepetitive.
But the emergence of artificial intelligence, is now increasingly replacing the
humanbeingsathigherlevelsofaccuracies.

"So while the job market is open up in the highly sophisticated levels of
intellectualpower,perhapsthejobmarketisclosingdownatlevelswherethe
workisroutineandratherworkwhereartificialintelligencecantakesomeplace
ofthehumanbeings,"RangarajanwhoisalsochancellorofIFHEsaid.
Employmentopportunitiesto1crore CrisilsaysFMshouldfocusonjob Automationmaycurtailemployment Menworklonger,butwomenmoreope
1 youthby2020 2 3 opportunities:CRangarajan 4
He said in the early stagescreationinBudget2017
of the industrial revolution, the machines were toworkingwhileonholiday:Study

assisting the human beings. Whereas, now, increasingly the machines are
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replacinghumanbeings.

"We,inIndia,maynotstillbethere.Wehavestillsomewaytogo.Butsooner
orlaterastagecanbereachednotonlyinIndia,elsewhereintheworldhowto
cope up with the increasing number of machines which replaces the work of
humanswillhavetobehandled,"heopined.

Expressing concern about the quality of higher education in India, the former
Economic Advisor to the Prime Minister said as per reports on Engineering
colleges, nearly 70 per cent of the people come out of the institutions are not
equippedwithnecessaryskills.

EarlierLakshmiNarayananinhiskeynoteaddresssaidfourkeysectorslikes
7 of DefenceAviationSpaces Research, Renewable Energy, Healthcare
PharmaBiotechnology, Information and Communication Technologies are
7 currentlydrivingtheglobalGDPgrowthduetolargeinvestmentsmadeinthese
Comments fields.

READMOREON JobsInIndia|EmploymentInIndia|CRangarajan|Automation

Comments(9) AddYourComments

Menworklonger,butwomenmoreopentoworking
whileonholiday:Study

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1/29/2017 Employmentopportunitiesto1croreyouthby2020TheEconomicTimes

Menworklonger,butwomenmore
opentoworkingwhileonholiday:
Study
ByVaruniKhosla ,ETBureau |Updated:Jan24,2017,03.44PMIST

READMOREON Vacations|Timesjobs|Jobs|IndiaInc.|Employees|Careers

NEW DELHI: India Inc. bets on its male


employees to put in extra work hours more
often but when it comes to working during
vacations,femaleemployeescomeupfirst.

3 AnewTimesJobsstudyon'TheGenderDivide
Comments
@ Work" reveals many differences in work
Employmentopportunitiesto1crore
Worklifebalanceholdsgreat CrisilsaysFMshouldfocusonjob Automationmaycurtailemployment
stylesandpatternsbetweenthesexes. Menworklonger,butwomenmoreope
1 youthby2020 2 creationinBudget2017 3 opportunities:CRangarajan 4 toworkingwhileonholiday:Study
significanceforbothmaleandfemale
employeesasalmost70%maleand
Markets News Industry SmallBiz Puttingintheextrahours
Politics Wealth MF Tech Jobs Opinion Slideshows Magazines More ETNOW Speed ETPortfolio
60%femaleemployeesclearlystate
theywillnottradeagoodworklife
balanceforabetterpaypackage. Nearly 40% of both male and female
employees put in around 1012 hours in a
regulardayatwork,however70%maleemployeesalsodoovertimeatworkas
comparedto40%femaleemployees.Ofthe70%maleemployeeswhoputin
extra time at work 50% do it every day, 30% do it on alternate days and just
20%doittwiceaweek.

Ofthe40%femaleemployeeswhodoovertime55%saidtheydoittwicea
week,35%doitonalternatedaysand10%doiteveryday.

While there has been a significant shift in evaluating performance based on


productivity, this TimesJobs study confirms that perceived gender differences
7 stillexist.However,thisismoreofamindsetissue,thananactualdifferencein
jobperformance.Evenifwomendonotspendasmanyhoursintheworkplace,
7 theirproductivityandoutputisequal,ifnotgreaterinsomecases,thanthatof
Comments
men today. This is increasingly being recognized in India Inc." says Nilanjan
Roy,HeadofStrategy,TimesBusinessSolutions.

Thoughmoremaleemployeesputinextrahoursatworkmorefrequently,the
levelofdispleasureindoingovertimeisalmostequalforbothgenders.About
60%maleand70%femaleemployeesarenothappyputtinginextrahoursat
work.

OutofOfficebutStill@Work

Interestingly, female employees are more open to the idea of working during
holidaysandvacationswith55%femaleemployeessayingtheyhavenoissues
doing office work while holidaying as opposed to just 30% male employees
agreeingtodoso.

WorkLifeBalance

Worklifebalanceholdsgreatsignificanceforbothmaleandfemaleemployees
asalmost70%maleand60%femaleemployeesclearlystatetheywillnottrade
agoodworklifebalanceforabetterpaypackage.
http://economictimes.indiatimes.com/industry/jobs/employmentopportunitiesto1croreyouthby2020/articleshow/56707733.cms 5/9
1/29/2017 Employmentopportunitiesto1croreyouthby2020TheEconomicTimes

On the question of happiness with their current balance, 65% female


employees say they are happy with their current worklife balance while only
40%maleemployeessaytheyarehappywiththeircurrentworklifesituation.

TabooTopics

While openly revealing matters related to jobsearch, salaries and increments


arestillregardedastaboosatworkplace.TimesJobsrevealsthatthesematters
are often more forbidding for female employees, as 70% male employees are
happy to disclose to their colleagues if they are looking out for a job change
while70%femaleemployeesareaversetotheidea.

Also, 60% male employees would comfortably disclose their salary package
among their peers, while 70% female employees would not as they feel
embarrassedandotherswillfeeljealousorunhappymakingcomparisons.
Employmentopportunitiesto1crore CrisilsaysFMshouldfocusonjob Automationmaycurtailemployment Menworklonger,butwomenmoreope
1 youthby2020 2 creationinBudget2017 3 opportunities:CRangarajan 4 toworkingwhileonholiday:Study
Itappearsthatsocialfactorsandconditioningarebyandlarge,responsiblefor
the apparent gender differences at the workplace. But, at the same time, this
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studyalsorevealssomeinterestingsimilaritiesandsurprisingfactswhichbreak
gender stereotypes at the workplace and bring in a different perspective
altogether.

READMOREON Vacations|Timesjobs|Jobs|IndiaInc.|Employees|Careers

Comments(3) AddYourComments

Goodworkgetsdonewhengreatmindscome
together:VivekPrabhakar

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7

7
Comments
SanjayLeelaBhansali DJDaveClarkerefusesto 7482percentathletes
slappedduring'Padmavati' tourUSwhile'misogynist suffermoderateorsevere
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Goodworkgetsdonewhengreat
mindscometogether:Chumbak's
VivekPrabhakar
ETBureau |Updated:Jan20,2017,01.59PMIST

READMOREON VivekPrabhakar|Chumbak

Myfirst100daysatwork
My first job was as a marketing executive at Titan. Things were moving at
breakneck speed at the time. I had to work on the mandate of finding a new
public relations agency, put together a storeopening process and begin work

http://economictimes.indiatimes.com/industry/jobs/employmentopportunitiesto1croreyouthby2020/articleshow/56707733.cms 6/9
1/29/2017 Employmentopportunitiesto1croreyouthby2020TheEconomicTimes

0 on our summer campaign. I found myself


Comments
jugglingoperationsandbrands,whilejustafew
months ago my biggest concern had been
havingenoughpocketmoneyforcollege.

Myworstmistake
Iwasalwaysmovingsofastbecausetherewas
"Therewasreallyverylittletimefor so much to do and so many projects to
regretsorintrospectionorto complete. There was really very little time for
specificallylookatamistakeasmy
regretsorintrospectionortospecificallylookat
biggest,"VivekPrabhakarsaid.
amistakeasmybiggest.

ThebestleadershiplessonIlearnt
TheamountofresponsibilityIwasgivenatmyfirstjobwasamazing.Veryfew
questionswereaskedbutIwasalwaysfreetoaskforhelp.Thisalsoensured
that there was no concept of hierarchy as there was a belief that good work
getsdonewhengreatmindscometogetherandnotbypullingrank.Boththese
Employmentopportunitiesto1crore CrisilsaysFMshouldfocusonjob Automationmaycurtailemployment Menworklonger,butwomenmoreope
1 youthby2020 2 creationinBudget2017 3 opportunities:CRangarajan 4 toworkingwhileonholiday:Study
lessons have held me in good stead till this day, with some of the lessons
comingbackintotheculturewehavebuiltatChumbak.
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Comments AddYourComments

SPJIMRplacementsforClassof2017endswith
topsalaryofRs39.5L,averagesalaryofRs20.9L

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SPJIMRplacementsforClassof2017
endswithtopsalaryofRs39.5L,
averagesalaryofRs20.9L
BySreeradhaBasu,ETBureau |Updated:Jan19,2017,04.13PMIST

READMOREON TAS|SPJIMR|Salary|Placements|P&G|Microsoft

MUMBAI: The Class of 2017 at SPJIMR has


completedfinalplacementswithatopsalaryof
Rs 39.5 lakh. The average salary rose to Rs
20.9lakh,upfromRs.19.3lakhlastyear.

0 More than 90% of the PGDM batch received


Comments
offers of Rs 15 lakh or more, with a median

http://economictimes.indiatimes.com/industry/jobs/employmentopportunitiesto1croreyouthby2020/articleshow/56707733.cms 7/9
1/29/2017 Employmentopportunitiesto1croreyouthby2020TheEconomicTimes

Theconsolidationphaseinthee salaryofRs20lakh.
commerceindustryledtothenumber
ofoffersmadebyecommerce
The placements season this year saw 104
remainingconsistentwithlastyear.
companiesoncampustohirethe229students
oftheClassof2017.
RELATEDCOMPANIES EXPAND

This season saw regular


HUL
recruiters like TAS, Deloitte,
Accenture Strategy, Mahindra
AxisBank
GMC, HUL, P&G, Microsoft,
PwCPRTM, Axis Bank, and JM
Financial.Thebatchalsoreceivedfiveinternationaloffers.

The campus saw participation from 51 new companies including Goldman


Sachs, Reckitt Benckiser, General Mills, ITC, Johnson & Johnson, GEP,
Miebach Consulting, Samara Capital, Investec, DBS Bank, ICICI Prudential,
MCX, Directi, HCL Infosystems,
Employmentopportunitiesto1crore LinkedIn, SAP, DSP BlackRock,
CrisilsaysFMshouldfocusonjob Samsung,
Automationmaycurtailemployment Menworklonger,butwomenmoreope
1 youthby2020 2 creationinBudget2017 3 opportunities:CRangarajan 4 toworkingwhileonholiday:Study
Amway, Heinz, Siemens, Sony Music, Pernod Ricard, Texas Instruments
amongothers.
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ConsultingandFMCGfirmsyetagainledtheplacementsintermsofnumberof
offers.Theconsolidationphaseintheecommerceindustryledtothenumber
ofoffersmadebyecommerceremainingconsistentwithlastyear.

Around30%ofthebatchwasrecruitedbyFMCGfirms,a38%increaseinthe
numberofoffersfromlastyear.Topconsultingfirmsmadeoffersto27%ofthe
Classof2017,whichissameaslastyear.

More than half of the Class of 2017 received PrePlacement Offers and Pre
PlacementInterviewsthroughtheirautumninternshipsattopcorporatehouses,
someofwhichincludedAmazon,AsianPaints,AxisBank,ColgatePalmolive,
GE,HUL,Mondelez,P&G,TAS,ITCamongothers.
7
According to a placement report issued by the institute, 98% of the batch
7 baggedsalariesofRs.14lakhandmore.
Comments
READMOREON TAS|SPJIMR|Salary|Placements|P&G|Microsoft

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Employmentopportunitiesto1crore CrisilsaysFMshouldfocusonjob Automationmaycurtailemployment Menworklonger,butwomenmoreope


1 youthby2020 2 creationinBudget2017 3 opportunities:CRangarajan 4 toworkingwhileonholiday:Study

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