Reports
Our latest thinking on the issues that matter most in business and people management
India is still inadequately Formalised, Financialised, Urbanised, Industrialised and Skilled. While the regulatory challenges do pose questions on smoother business functioning and consequent job creation, there are several underlying factors which indicate that there is a lot of work to be done in employment, employability and ease of doing business.
Featured Insight
This report highlights the urgent need for gender parity, emphasizing equal access to opportunities, fair wages, and workplace safety, ensuring no woman is left behind in India’s evolving economy. The latest report for 2024, published by the World Economic Forum (WEF), provides crucial insights into India’s standing in the Global Index. Unfortunately, the report reveals India has fallen two spots from the previous year, ranking 129th out of 146 countries surveyed. A significant concern highlighted in the report is the literacy rate among women. According to the 2011 census, only 63% of women in India are literate, a stark contrast to the male literacy rate, which is 80%. This disparity places India below the global literacy average of 83%, with the national literacy rate languishing at just 74%.
More Insights
History and Evolution of Payroll Services with Meaning and Process Details
Sales (98%), Marketing (86%), and IT (86%) talent continue to be the highest in demand, followed by the demand for...
IT (93%) and Sales (91%) roles continue to be the highest in demand, followed by the demand for engineering roles
Metro and Tier-1 cities lead the hiring spree with the highest Intent to hire of 95%. Bangalore (97%), Chennai (90%)...
Employment Outlook Report Q3 (October – December 2022) – Manufacturing and Allied Industries Edition
Healthcare & Pharmaceuticals, FMCG, Agricultural & Agrochemical, Manufacturing & Engineering, and Electric Vehicle & Infrastructure sector are the top sectors...
Six out of ten (59%) FMCG, FMCD and Healthcare and Pharmaceuticals sector employers are galvanizing their formalization initiatives. Nearly half...