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Budget 2024 Highlights: FM disappoints investors, rewards taxpayers

“By introducing a scheme that incentivises job creation in the manufacturing sector through the employment of first-time employees, the sector is poised to significantly boost job opportunities..."

Subburathinam P
  • CSO, Staffing

Hindustan Times, July 30, 2024
FM announces EPFO-Linked schemes: Boost jobs & reward first-timers employee

“The government's commitment to employment and employability is clear with a Rs 1.48 lakh crore provision. This initiative, based on EPFO enrolment, focuses on recognizing first-time employees and includes direct benefit transfers..."

Krishnendu Chatterjee
  • VP & Business Head

Business Standard, July 29, 2024
Dorm facilities close to factories may see more women join workforce

"Setting up working women's hostels and establishing crèches will create a more conducive environment for women to participate in the workforce.

Subburathinam P
  • CSO, Staffing

Economic Times, July 26, 2024
Budget 2024 Live: Krishnendu Chatterjee, VP and Business Head

“The budget highlights India's next leap forward – empowering the very nucleus of the nation – Indian citizens. Right from driving the participation of women in the workforce to enhancing the employability of the youth across the nation, the focus on building a future-ready workforce is evident."

Krishnendu Chatterjee
  • VP & Business Head

Livemint, July 26, 2024
Stock Market Closing Bell on Budget 2024

A dedicated ₹2 trillion allocation for skilling and job creation over the next five years will enhance job security and cultivate a more robust and inclusive workforce..."

Kartik Narayan
  • CEO - Staffing

ET Now, July 23, 2024
Nasscom, India Inc flay Karnataka’s jobs-for-locals plan

“In a free market, jobs always find skills, and by restricting skilled workers it will get more difficult to attract investments...”

Balasubramanian A
  • Senior VP & Business Head

Economic Times, July 22, 2024
Budget 2024 Highlights: FM disappoints investors, rewards taxpayers

“As more manufacturing plants are being set up around Tier 2 and 3 cities, the youth in these regions are more likely to benefit from such initiatives..."

Subburathinam P
  • CSO, Staffing

Hindustan Times, July 24th, 2024
Stock Market Closing Bell on Budget 2024

“A dedicated ₹2 trillion allocation for skilling and job creation over the next five years will enhance job security and cultivate a more robust and inclusive workforce."

Kartik Narayan
  • CEO - Staffing

ET Now, July 24, 2024
EPFO’s Employment Linked Incentive: Govt To Give 1-month Salary To New Entrants

“The introduction of the new employment-linked incentive scheme in the budget marks a significant advancement in reducing informal employment in the country. By providing financial support and incentives to both employers and employees, the scheme aims to promote formal hiring practices and ensure essential benefits."

Kartik Narayan
  • CEO - Staffing

News 18, July 24, 2024
Rising EPFO and NPS subscribers signal surge in formal jobs

“The number of contributing members to PF has been growing at a CAGR of over 20 percent since 2018, whereas the overall workforce has grown at about 2 percent in the same period...”

Balasubramanian A
  • Senior VP & Business Head

The Hindu Business Line, July 10, 2024
Staffing Challenges in Consumer Durables & Electronics: 57% Attrition Sparks Urgency

“Attrition is a persistent obstacle that can substantially impact an organization’s bottom line and growth prospects."

Balasubramanian A
  • VP & Business Head

Business News, July 05, 2024
Companies resort to ‘Office Peacocking’ to retain, lure employees back to office

"The 'Office Peacocking' concept gained significant traction in India post-Covid, as companies sought to entice employees back to the office following the remote work shift induced by the pandemic in order to compete with the comfort of home offices..."

Kartik Narayan
  • CEO - Staffing

PTI News, July 04, 2024
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