Tuesday, Jul 17 2018 | Time 19:17 Hrs(IST)
  • FASTags, vehicle tracking system to be made mandatory for all NP commercial vehicles
  • J&K to engage 150 under Rehbar-e- MachliPlan Scheme
  • Advisor to Guv directs for speedy filling of 1,016 vacancies in higher edu dept
  • Dejected girl from Nagpur inflicts deep cuts on boyfriend’s face as
  • Bilateral series: India beat SL by 66 runs
  • Bilateral series: India beat SL by 66 runs
  • Bihar Guv meets senior IFS officers, advises them to work for tourism dev
  • Monsoon session of Delhi Assy from Aug 6-10
  • Govt asks EPFO to settle pending PF cases fast even as online filing of claims would make process more easy
  • Amid opposition uproar over land acquisition amendment act, first supplementary budget for 2018-19 tabled
  • DCW issues notice to Police over girl's death inside police post
  • Modi govt's development agenda is not communal but inclusive: Naqvi
  • Bengal’s economy very strategically placed;New initiatives of Bengal govt to create huge employment : N K Singh
  • Haryana govt appointas Dr Kamal Gupta as Chairman of Haryana Bureau of Public Enterprises
  • Employees of CPSEs under Steel Ministry to get pension
Business Economy Share

Developed states not adding to skill sets; face big gaps: Study

New Delhi, May 26 (UNI) The most economically developed states are not adequately adding to skill sets, which may result in the severe shortages of skilled manpower in the coming years, with Maharashtra leading the table followed by Tamil Nadu.
According to an ASSOCHAM-Thought Arbitrage Paper, other states which lack in creating skilled manpower include Haryana, Gujarat, Kerala, Himachal Pradesh and Punjab, said the paper.
By 2022, the biggest deficit in supply of skilled labour force is expected to be faced by Maharashtra, with the number pegged at 48.9 lakh persons, according to the paper. Tamil Nadu comes close second with shortage of 46.3 lakh.
"These two states together account for more than 70 per cent of the skills deficit in these seven states (mapped by the paper) with highest per capita NSDP and large skill gaps. Haryana and Gujarat are expected to face shortage of approximately 13 lakhs and 11 lakhs persons respectively by 2022. Kerala, Himachal Pradesh. and Punjab are likely to witness skills shortage of about five lakhs each by 2022," it said.
In terms of verticals, construction, building and real estate would have incremental human resource requirement of 31 million in the next five years, while retail sector would need about 17 million additional work force.
Other sectors generating employment opportunities through skill up- gradation include beauty and wellness (10 million), transportation and logistics (12 million), furniture and furnishing (7.2 million) and handloom, handicrafts (6 million). Textiles and clothing would require additional 6.3 million people and tourism and hospitality 6.5 million.
"Our mapping of the skills shortages suggest that committing resources to training and skill upgradation would serve the twin purpose of employment creation as also helping the industries to grow in a cost effective manner," said ASSOCHAM Secretary General D S Rawat.
More News

IndiGo bags Passenger's Choice Award at World Airline Awards 2018

17 Jul 2018 | 6:37 PM

New Delhi, July 17 (UNI) IndiGo, India’s largest low-cost airline, has once again been named as the ‘Best Low Cost Airline in Central Asia & India’ at the Skytrax World Airline Awards 2018.

 Sharesee more..

Honeywell expand its Science Experience programme to southern Indian schools

17 Jul 2018 | 6:32 PM

New Delhi/Hyderabad, July 17 (UNI)Technology major Honeywell and Agastya International Foundation (Agastya) on Tuesday announced the expansion of Honeywell Science Experience – an experiential science education program for students and teachers of government schools in Hyderabad, Chennai, Madurai, and Mysore.

 Sharesee more..
Mercedes-Benz India signs MoU with NIET, KIET

Mercedes-Benz India signs MoU with NIET, KIET

17 Jul 2018 | 6:27 PM

Mumbai, Jul 17 (UNI) Luxury car major, Mercedes-Benz India today reinforced its commitment towards Government’s 'Skill India' initiative by signing a Memorandum of Understanding (MoU) with Noida Institute of Engineering & Technology (NIET) and Krishna Institute of Engineering & Technology in Delhi.

 Sharesee more..

Ankur Textiles showcases latest collection of multi-fibre fabrics for womenswear

17 Jul 2018 | 6:26 PM

New Delhi, July 17 (UNI) Ankur Textiles, a Lifestyle Division of Arvind Limited, showcased its recently launched modal, viscose, cotton Lycra blended fabrics which are an alternative to traditional cotton for the new-age Indian woman at the Fabrics & Accessories Trade Show here.

 Sharesee more..

Global Connect sessions from Aug 6

17 Jul 2018 | 6:14 PM

Thiruvananthapuram, July 17 (UNI) Building on the tempo set by the first global digital summit #Future, the High Power IT Committee (HPIC) of Kerala has planned a series of networking sessions titled #Future Global Connect as part of a multi-pronged strategy, involving the state Government and the Kerala diaspora in the technology sector to position the state a digital destination of choice.

 Sharesee more..