Courses in finance, data science, analytics, technology and management are the top five programmes with the highest level of enrolment.
Nearly 53% of employers prefer hybrid work arrangements for their employees, though the degree of adoption varies from company to company.
With more than 80 startups recognised every day, India is estimated to be home to some 75,000 startups, with the number expected to grow.
Three in four employees in the IT sector refuse to be in the office for even one day a week, citing reasons such as long commutes.
There are no proposals being examined to include such leave in regulations, said India’s Union Minister for Women and Child Development.
Workers who are covered include contractual workers, those who are travelling, temporarily incapacitated, and those who are working offsite.
With flexible work gaining momentum, about 73% of companies in India are evaluating the feasibility of hybrid working arrangements.
Under a new rule, firms are required to pay the full wages of the employee by the last working day, regardless of resignation, retrenchment, or dismissal.
This includes legally mandating all data-collecting institutions to analyse and publish gender-disaggregated statistics to reduce gender inequality.
New labour codes will potentially transform work culture, affecting working hours, salaries, leave and flexible work arrangements.
India’s gig economy currents employs about 7.7 million people and is set to nearly triple to 23.5 million workers by 2029-30.
With most companies adopting hybrid work, employers fear that ordering employees back to the office may trigger a wave of resignations.
The National Commission for Women has reviewed and analysed legislation affecting women, and recommended amendments to meet shortcomings.
A new programme aims to share information and experiences on policies and global practices relating to gig and platform workers and their social security.
MSMEs are at the heart of India's ambition to become a significant player and contribute to the global supply chain, said the Union Minister for IT.
In one of the largest expansions in the labour market since the beginning of the pandemic, 8.8 million people joined the country's workforce in April.
In a recent episode of HRM TV, Nela Richardson, ADP’s Chief Economist, shared key workforce trends from countries in the APAC region.
Recovery was observed over the last few months in sectors like construction, exports, commodities and consumption as COVID-19 restrictions were lifted.
In view of the recent spike in COVID-19 cases, companies are asking workers to continue work from home, or are adopting a hybrid system.
This has allowed a particular startup to hire from a large pool of talent, with 95% of staff working from other locations.
The platform will use artificial intelligence to draw up the best job matches and will offer end-to-end employment related information to jobseekers.
The first phase would see 5,000 such centres set up, with an eventual aim of having a hub present across all Indian cities.
The labour force participation rate in urban areas over the same period was 46.9%, down from 47.2% year-on-year, showed official data.
Under the 7th Pay Commission’s recommendations, a raise in the Dearness Allowance (DA) is expected for employees by the end of this month.
Heads of departments are also called on to ensure that employees wear face masks at all times, and abide by the appropriate social distancing measures.
The unemployment rate fell to 6.57% in January – the lowest since March last year, contributed by a decrease in rural unemployment.
A draft framework will be proposed to the Finance Ministry, with any subsequent changes requiring amendment to the tax laws.
Over the period, 31 million jobs were created in sectors such as manufacturing and education, an increase from 30.8 million in the preceding quarter.
Amid the recent surge in COVID-19 cases, the central government is allowing half of its employees below the rank of under secretary to work from home.
The Labour Ministry is planning to implement all four new labour codes in the new fiscal year, set to replace 29 current labour laws.
