Bank Mitras or Business Correspondents, are a key cog in the government's financial inclusion scheme as they provide banking services to customers in regions without branches or ATMs.
In Bengaluru, 90% of companies surveyed confirmed their intent to increase the hiring of blue-collar and entry-level workers in the third quarter of 2020 as compared to 86% of companies in Mumbai.
Hiring agencies said they are getting specific mandates from firms to bring them candidates who have worked in sectors such as automobiles, aviation, hospitality among others that got disrupted.
ET has learnt that the officials made a presentation on “Encouraging investments- the challenges and opportunities for India post Covid-19”. They further said the travel and tourism industry has been hit due to Covid-19 and it has affected lakhs of employees and their families.
According to the report, there is a modest increase in India’s overall workforce confidence, which reflects in this fortnight’s composite score of +50 (up from +48 in June 1-14).
The uptick in hiring has fuelled the confidence of active job seekers towards career progression as findings show that about 2 in 3 professionals will increase their time spent searching for and applying to jobs in the next 2 weeks, LinkedIn Workforce Confidence Index noted.
For the first time in four months, the Indian job market has seen an increase in open positions with close to 150,000 listed in July, going by data from official company pages on LinkedIn and direct postings on top job boards. That’s a recovery from June, which saw a dip in jobs to 130,000 open positions from 200,000 in April.
Why isn’t anyone talking about this? Why are we not hearing a primal scream so deafening that no plodding policy can be implemented without addressing the people buried by it?
NITI Aayog is developing seven technology products for the post-Covid-19 era, a government official told ET. “Of these seven, presentations have been made to Prime Minister Narendra Modi on Unnati, which is a job portal, and the Swasth app, which will provide the best healthcare facilities via a telemedicine platform, on Tuesday,” the official said.
The survey finds that 42 percent respondents indicated that over 20% of their day to day legal work could be taken over by technology such as AI in the next three to five years, and 81 percent respondents cite the ability to understand and anticipate client needs would be the most sought-after skill among lawyers in the next 3-5 years followed by tech proficiency.
The skill development programme will be tailored for imparting knowledge and skills for entry-level jobs, such as business correspondent and field sales executive, in the financial services sector. The programme will focus on adoption of digital tools to drive online banking and digital financial services, given the growing penetration of affordable smartphones and 4G networks in the country.
This termination pertains to practices at the auto loans department where some staff allegedly forced customers to buy the GPS devices bundling it with the car loan. It was found that some customers were not even aware of purchasing such a product till the loan documents were checked.