Budget 2017: Staying the course on job creation
An authored article of Manish Sabharwal in Mint talks about how the 2017 Union Budget recognizes that India’s problem is not jobs but formal enterprises. A government focused...
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.
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That’s why understanding the actual cost of attrition is more crucial than ever. We at TeamLease keep on tracking and analysing data to come up with insights and valuable methods of quantification of the different impacts key business metrics have....
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Budget 2017: 3 interventions each for improving education and skills, and increasing formal employment.
Non-fiscal interventions for formal employment Allow low-wage employees (people with less than Rs 20,000 per month salary) to choose mandatory salary confiscation: Today, low-wage employees only receive 55%...
