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  • 3rd T20I: India hands 173-run target to South Africa
  • Milestone: 46,000 women empowered by Brahma Kuamri
  • Islamic State claims responsibility for Yemen attacks-agency
  • Three including Nigerian held with 2 5 kg heroin worth 10 crore in Delhi
  • CMA professionals involved in Cost audit should give early warnings in such PNB scams : ICAI
  • Rahul Mahajan is new Editor-in-Chief of RSTV
  • 3rd T20I: South Africa opts to bowl against India
  • 3rd T20I: South Africa opts to bowl against India
  • Milestone: 64,000 women empowered by Brahma Kuamri
  • Dozens killed or wounded in south Yemen suicide attacks-witnesses
  • Traffic suspended on Srinagar-Jammu highway due to landslides
  • BJP will form Govt in Tripura, Nagaland; hopeful for positive result in Meghalaya: Kiren Rijiju
  • Heavy seepage from right bank canal Bhatsa dam in Thane
  • Mah Govt undertakes Rs 1 36 lakh cr road development programme in cooperation with Centre: Patil
  • China demands US stops unilateral sanctions over North Korea
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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.
UNI ADP RSA SHK 1630
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Adani Group to Invest Rs 9000 Crore in Andhra Pradesh

24 Feb 2018 | 7:28 PM

Visakhapatnam, Feb 24 (UNI) Adani Group on Saturday signed an agreement with the Andhra Pradesh government to invest over Rs 9,000 crore in various projects, including development of a green field Port at Bhavanapadu, in next five years.

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Lulu Group to Build Rs 2000 Crore Convention Centre, 5 Star Hotel, Mall in Port city

24 Feb 2018 | 7:17 PM

Visakhapatnam, Feb 24 (UNI) UAE-Based Lulu Group will construct an international convention centre, hotel and shopping mall in this coastal Port city of with an investment of Rs 2,000 crores.

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International Business Festival to foster India-UK biz ties

24 Feb 2018 | 7:15 PM

New Delhi, Feb 24 (UNI) About 20 business delegations from India are expected to participate in the third edition of International Business Festival (IBF) being organised in partnership with Department of International Trade - UK government in Liverpool between June 12-28 this year.

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GoM recommends e-way bill implementation from April 1

GoM recommends e-way bill implementation from April 1

24 Feb 2018 | 7:07 PM

New Delhi, Feb 24 (UNI) A Group of State Finance Ministers (GoM) formed under GST Council and headed by Sushil Modi, Deputy Chief minister and Finance Minister, Bihar, has recommended the implementation of the electronic way bill or e-way bill from April 1, 2018.

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Narendra Modi is my favourite entrepreneur: Uber CEO

24 Feb 2018 | 7:06 PM

New Delhi, Feb 24 (UNI) Uber CEO Dara Khosrowshahi has said he admired Prime Minister Narendra Modi's entrepreneurial skills and commitment to progressive economic reforms in India, which accounts for 10 per cent of the total trips on the Uber rides app globally.

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