The unemployment rate in the country fell to 6.95% in July – the lowest in four months, an indication of possible recovery in the labour market.
There were 75,000 connections made between jobseekers and employers in June, with a total of 34,212 job seekers newly registered.
A US$500 million World Bank programme will invest in social protection schemes for urban informal workers, gig-workers, and migrants.
Earlier in June, India issued an advisory to encourage WFH for all nursing mothers for at least a year, in jobs where remote work is possible.
India has fallen 28 places to rank 140th among 156 countries in gender gap parity, according to a World Economic Forum report.
The country’s urban unemployment rate fell 5.0 percentage points to 9.7% month-on-month for the week which ended on June 13.
The programme targets improving the performances of 555,000 MSMEs and is expected to mobilise financing of US$15.5 billion.
The committee will provide technical inputs and recommendations to set minimum wages and a national floor for minimum wages.
The country is reporting almost 200,000 COVID-19 cases daily, causing many local governments to impose curbs to control the spread of the virus.
Some companies, both in the public and private sector, have already begun lining up its vaccination programme for their staff and family members.
Firms should review operations and minimise the use of in-person manpower, limiting it to critical operations or activities required by law.
Various departments have asked their employees to report at staggered timings, while those living in COVID-19 containment zones are told to stay home.
All non-essential services like malls, beauty salons and places of worship were ordered to shut operations from Monday.
The central government has postponed the implementation of four new labour codes originally scheduled to be rolled out on April 1.
The committee set up to study evidence on the matter comprise members from education and yoga institutions, as well as the corporate sector.
Official data also showed that the net payroll additions hit 1.11 million in January as employment continues to rise.
Employees, especially those with high allowances, are likely to see a major change in their salary structures if the new wage code kicks in from April 1.
The Centre for Monitoring Indian Economy (CMIE) has said the country’s unemployment rate has fallen to 6.9% in February from 7.3% last July.
The International Labour Organization (ILO) has said Indian employees ranked among the highest at being overworked and earned the least.
Based on the country’s present demographics, the working population is projected to increase by 12 million annually.
The government has issued new SOPs that allow work to resume in offices after disinfection has been done in accordance with new protocols.
The National Employment Council estimates that over 160,000 new jobs will be created this year through committed investments.
The government’s paperless portal for MSME registration – Udyam Registration – has processed 2.03 million registrations in the last three months.
Labour and employment secretary Apurva Chandra said the new labour codes would provide the flexibility of four working days in a week.
The data could help formulate health, housing, skill, insurance, credit and food schemes for migrant workers, says the finance minister.
India’s lockdown period saw companies adopt a WFH arrangement for their staff, cutting down on staff strength, hiring freelancers and outsourcing tasks.
Out of those who could retain their jobs, about 83% of women workers in India faced a severe income drop, said Oxfam India.
The government is considering whether some activity under the manufacturing sector should also have the flexibility to work from home (WFH).
Prime Minister Narendra Modi said the government will initiate a seed fund for startups of Rs10 billion (US$136.3 million).
The Ministry of Labour & Employment has made the proposal to formalise work from home (WFH) regulations for the services sector in the new year.