India 2020
JOBS IN INDIA
One Crore Jobs in Financial Market
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India’s Future:JOBS
[It’s About Jobs - 2007 Your Judgement Current Position]
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Economic growth vs. job creation:
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Nameste. Welcome to India. A nation of more than a billion people. A land with a vibrant past spanning more than two millennia. A culture that celebrates diversity. Today, a country emerging as an eonomic superpower. Welcome to the land of abundant opportunities. Come, let us see the story of modern India! India is now the world's 4th largest economy on PPP basis and growing faster than ever. A land of opportunities that has attracted investors from all over the world. $3.86 trillion GDP on PPP basis. 8.5% GDP growth rate, fastest worldwide. $172 billion of Foreign Direct Investment since 2000. A nation of young, bright minds who join the ever-growing talent pool every year. 65% of the population is less than 35 years old. 500,000 medical professionals and MBAs every year. 4th largest pool of engineers. 672 million form a strong internal consuming market. A nation where demand for homes, transportation, food and clothing is steadily increasing. 2 million cars sold every year. 21% are made by Hyundai. 124 million air passengers per year. 250 million tonnes of annual cement consumption - 2nd highest in the world. 50,000 kilometres of highways under development. 10 million tonnes of freight carried on roads daily. A country that has made giant strides in IT and communications, thus opening up new possibilities for millions. 600 million mobile connections today, expected to double by 2015. $1.5 billion in VAS revenues today, expected to triple by 2015. 2.5 million new IT jobs every year. $50 billion in outsourcing revenues in 2009, expected to touch $225 billion by 2020. A nation where consumers are realizing the need to invest in mutual funds and insurance. $1 trillion savings pool. $780 billion of spending power. Only 20% of Indians have some kind of insurance coverage. Only 8% of household savings are invested in mutual funds. Now, youcan be a part of this growth story .
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India’s Future:JOBS
[It’s About Jobs - 2007 Your Judgement Current Position]
India 2022:
High on skills but low on jobs?
If you plan to seek an exciting career in 'rag chopping' with the paper industry, the government has plans to sharpen your skills. After 60 hours of training and paying a princely sum of Rs 500 for a test, you get a certificate to hang on your wall. Or you could try becoming a 'cow boy' (with 80 hours of skill-building) or an 'egg selling assistant' (100 hours).
These are random picks from a raft of 1,436 courses that the government thinks will be needed as the Indian economy powers ahead. After expending its first term in office presiding over jobless growth, the UPA is now in overdrive on a skill-building mission without asking itself a basic question: Where will the jobs come from even if talented rag-choppers and egg selling assistants emerge from the woodwork of these modules of the Skill Development Initiative?
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Attrition in India to top world charts in 2013;
one in four employees to change jobs
One in four employees in the organised sector in India is set to switch jobs, the highest attrition rate globally, according to a Hay Group study. The series of fresh investments planned across sectors could raise demand for talent even as economic conditions remain tepid, raising concerns on employee engagement and retention.
"We are in the eye of an employee turnover storm. Organisations in India must give serious thought to what drives employee commitment," says Mohinish Sinha, leadership and talent practice leader, Hay Group India. Firms need to focus on employees with mission-critical skills, as well as high-potentials and those holding crucial roles, he adds.
Employee turnover is predicted to rise to 26.9% in 2013 with an employee base of Rs 3 crore compared with 26% in 2010 on an employee base of Rs 2.8 crore, according to the study, 'Preparing for Take-Off', conducted in association with the Centre for Economics and Business Research. It covered 700 million employees in 19 countries.
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India at work:
What our employees think of job ethics
More than half (52%) of working professionals in India do not enjoy their work and do not look forward to new challenges at work. About 29% of the work force in both organised as well as unorganised sectors feels that wasting time at work has become an unwritten office culture. These are some of the findings of the work ethics survey conducted by Hindustan Times and C-fore, where working professionals, across sectors and salary brackets were quizzed to study the level of honesty and dedication Indians felt towards their professional lives. The survey threw up some interesting as well as distressing facts.
Psychologist Pulkit Sharma says, "The fact that half of the surveyed professionals do not enjoy their work can be directly linked to efficiency. A non-enthusiastic group will not be able to deliver efficiently." Experts say, this shows that the foundation of finding passion in work is lacking amongst Indians
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The best companies to work for
Until recently, the check boxes a young person ticked mentally while considering a job offer were fairly straightforward: Do I get more money? Do I get a better title? Is the company well known?
The current lot of youngsters entering the workforce, however, ticks some other check boxes too. Often referred to as Generation Y, broadly meaning people born in the 1980s and 1990s, they want their work to mean something more than merely a fatter pay packet, or a set of activities that add to the bottom lines of their workplaces.
What are these? "Research done on Gen Y shows it is interested in workplaces that are clear leaders in learning, and offer roles that aid their development, roles that involve stretch," says Nishchae Suri, Country Head of People and Change Practice, KPMG India. Of course, workplaces are not peopled only by this age group. But the fact that 74 per cent of respondents to Business Today's 12th " Best Companies to work for survey were less than 35 years old means their attitudes and concerns were well come
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The current lot of youngsters entering the workforce, however, ticks some other check boxes too. Often referred to as Generation Y, broadly meaning people born in the 1980s and 1990s, they want their work to mean something more than merely a fatter pay packet, or a set of activities that add to the bottom lines of their workplaces.
What are these? "Research done on Gen Y shows it is interested in workplaces that are clear leaders in learning, and offer roles that aid their development, roles that involve stretch," says Nishchae Suri, Country Head of People and Change Practice, KPMG India. Of course, workplaces are not peopled only by this age group. But the fact that 74 per cent of respondents to Business Today's 12th " Best Companies to work for survey were less than 35 years old means their attitudes and concerns were well come
More Details >Click "Best Companies to Work For"
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Data reveals India's alarming job squeeze
The economic slowdown is no longer a mere conversational statistic. It is now hitting the middle class where it hurts most: In jobs. Two surveys, conducted by apex industry chambers FICCI and ASSOCHAM, released in the first week of September, confirm what head hunters and job portals have noticed for months: India Inc's pessimism about its business prospects, evident now for more than a year, has finally translated into a cut in hiring.
Between April and June 2012, the prospects of finding a job across a range of the most employment-intensive sectors-like information technology (IT), financial services, telecom and hospitality-in the economy fell dramatically compared with the first three months of 2012. With recession abroad, and policy paralysis at home, the nightmare for young job seekers looks unlikely to end. The assocham survey indicates where jobs will be lost, both in industry and geographical terms. Overall, in the 32 sectors surveyed, there is a 20 per cent drop in hiring between April and June when compared with January to March.
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The survey also revealed that 90 percent of employees feel that their organisation was in good financial health, this is higher than the world average of 72 percent. Around 87 percent of surveyed employees stated that their workload has increased significantly in 2012 and 93 percent have indicated preference towards better work-life balance in 2013.
Between April and June 2012, the prospects of finding a job across a range of the most employment-intensive sectors-like information technology (IT), financial services, telecom and hospitality-in the economy fell dramatically compared with the first three months of 2012. With recession abroad, and policy paralysis at home, the nightmare for young job seekers looks unlikely to end. The assocham survey indicates where jobs will be lost, both in industry and geographical terms. Overall, in the 32 sectors surveyed, there is a 20 per cent drop in hiring between April and June when compared with January to March.
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India:
The Land of a Billion
Opportunities
Nameste. Welcome to India. A nation of more than a billion people. A land with a vibrant past spanning more than two millennia. A culture that celebrates diversity. Today, a country emerging as an eonomic superpower. Welcome to the land of abundant opportunities. Come, let us see the story of modern India! India is now the world's 4th largest economy on PPP basis and growing faster than ever. A land of opportunities that has attracted investors from all over the world. $3.86 trillion GDP on PPP basis. 8.5% GDP growth rate, fastest worldwide. $172 billion of Foreign Direct Investment since 2000. A nation of young, bright minds who join the ever-growing talent pool every year. 65% of the population is less than 35 years old. 500,000 medical professionals and MBAs every year. 4th largest pool of engineers. 672 million form a strong internal consuming market. A nation where demand for homes, transportation, food and clothing is steadily increasing. 2 million cars sold every year. 21% are made by Hyundai. 124 million air passengers per year. 250 million tonnes of annual cement consumption - 2nd highest in the world. 50,000 kilometres of highways under development. 10 million tonnes of freight carried on roads daily. A country that has made giant strides in IT and communications, thus opening up new possibilities for millions. 600 million mobile connections today, expected to double by 2015. $1.5 billion in VAS revenues today, expected to triple by 2015. 2.5 million new IT jobs every year. $50 billion in outsourcing revenues in 2009, expected to touch $225 billion by 2020. A nation where consumers are realizing the need to invest in mutual funds and insurance. $1 trillion savings pool. $780 billion of spending power. Only 20% of Indians have some kind of insurance coverage. Only 8% of household savings are invested in mutual funds. Now, youcan be a part of this growth story .
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
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2014 World Economic Collapse Prediction
