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Haryana s hiring rule spells disaster, industry group warns

India's northern state of Haryana, where several automakers, component suppliers and big tech firms are based, faces an investment and development crisis from a new hiring rule to tackle high unemployment, lobby groups warned on Thursday. The Federation of Indian Chambers of Commerce and Industry (FICCI) said the policy, which requires 75% of all low to mid-paying private sector jobs to go to locals, would spell disaster for Haryana's "industrial development and private investment". The 10-year rule, applicable to jobs paying up to 50,000 rupees ($690) a month, came into effect this week in the state as it faces worsening unemployment as a result of the coronavirus crisis.

Madhya pradeshNew delhiWilliam macleanSankalp phartiyalAlexander smithDeepak jainUday shankarAditi shahMaruti suzukiNarendra modiDushyant chautalaCentre for monitoring indian economyFederation of indian chambers commerceAutomotive component manufacturers association of indiaTata consultancy servicesIndian chambers

Indian state s hiring rule spells disaster, industry group warns

India's northern state of Haryana, where several automakers, component suppliers and big tech firms are based, faces an investment and development crisis from a new hiring rule to tackle high unemployment, lobby groups warned on Thursday.

Madhya pradeshNew delhiAditi shahMaruti suzukiSankalp phartiyalNarendra modiAlexander smithDeepak jainUday shankarThomson reuters trust principlesCentre for monitoring indian economyFederation of indian chambers commerceAutomotive component manufacturers association of indiaIndian chambersIndian prime minister narendra modiAutomotive component manufacturers association

India s unemployment rate recovers to pre-Covid level of 6 9% in February: CMIE

“However, recovery in the labour force participation rate and the employment rate remain significantly lower than their levels before the lockdown,” CMIE said

Centre for monitoring indian economyMonitoring indian economyUnemployment rateIndia unemploymentUnemployment rateLabour participationமையம் க்கு கண்காணிப்பு இந்தியன் பொருளாதாரம்கண்காணிப்பு இந்தியன் பொருளாதாரம்வேலைவாய்ப்பு ரேட்இந்தியா வேலையின்மைவேலையின்மை ரேட்தொழிலாளர் பங்கேற்பு

Jobs | India s unemployment rate back to pre-covid level of 6 9% in Feb, says CMIE

CMIE data shows the labour participation rate was 40.5 per cent in February 2021, slightly lower than the 40.6 per cent recorded in January 2021 and 42.6 per cent in February 2020

New delhiCentre for monitoring indian economyRepresentational imageMonitoring indian economyCmie february dataLabour participationJobs in indiaJob lossபுதியது டெல்ஹிமையம் க்கு கண்காணிப்பு இந்தியன் பொருளாதாரம்கண்காணிப்பு இந்தியன் பொருளாதாரம்தொழிலாளர் பங்கேற்புவேலைகள் இல் இந்தியாவேலை இழப்பு

unemployment rate in India: India unemployment rate recovers to pre-Covid level of 6 9 pc in February- देश में बेरोजगारी दर घटकर प्री-कोविड लेवल पर, लेकिन फिर भी जश्न मनाने वाली बात नहीं; जानें क्यों

unemployment rate in India: India unemployment rate recovers to pre-Covid level of 6 9 pc in February- देश में बेरोजगारी दर घटकर प्री-कोविड लेवल पर, लेकिन फिर भी जश्न मनाने वाली बात नहीं; जानें क्यों
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Labour forceMonitoring indian economyWeekly analysisNew delhi indiaLabour marketதொழிலாளர் படைகண்காணிப்பு இந்தியன் பொருளாதாரம்வாராந்திர பகுப்பாய்வுபுதியது டெல்ஹி இந்தியாதொழிலாளர் சந்தை