Formal job creation dips by 13% in Nov: EPFO
In November, approximately 7.86 lakh new members were added to the EPFO, witnessing a 10% month-on-month decline as against 8.16 lakh new members in October, the data reveals.
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EPFO adds 18.75 lakh net members in July
Majority of new members joining EPFO are in the age group of 18-25 years, constituting 58.45% of total new members' additions during the month
Formal job creation hits 11-month high in June: EPFO
The Employees' Provident Fund Organisation (EPFO) added 17.89 lakh net members in June
Formal job creation hits 4-month high in April: EPFO
The Employees' Provident Fund Organisation (EPFO) added 17.88 lakh members in April.
Formal job creation dips in February: EPFO data
Out of 13.96 lakh members added during the month, around 7.38 lakh new members have come under the ambit of EPFO for the first time.
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A parliamentary panel estimates a loss of ₹1.84 lakh crore due to the 2019 corporate tax cut in the first two fiscals of FY20 and FY21 alone
Now states desperately want private sector to provide jobs
While job crisis tightens its grip, state governments are seeking an easy escape by passing the burden to private sector, although not entirely without valid reasons.
Budget 2022: Job creation rests on capex boost, PLI, infra push
The increased capital expenditure by government, ECLGS and production-linked incentive scheme in the Budget are meant to create jobs, says FM Sitharaman.
Budget 2022: If aim is job creation, investment should go to those areas, says Akhil Gupta
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