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Ministry of skill development seeks suggestion to amend Apprenticeship Act
The Apprentices Act, 1961 was enacted with the objective of regulating the program of training of apprentices in the industry by utilizing the facilities available therein for imparting on-the-job training. The ministry of skill development and entrepreneurship is the administrative ministry responsible for the implementation of the Act.
India draws up plan to formalise apprenticeship training of 400 million unorganised workers
“Skills development ministry is in the initial st...
Paytm arm sets aside Rs 10 cr for game developers
Paytm First Games (PFG), a subsidiary of the digital financial service platform Paytm, is p...
H-1B visas should be reserved only for 'specialised talent' to support strong economy: White House
The White House, in a statement late on Tuesday night, said that the President is improving America's work visa programmes to prioritise the highest-skilled workers and protect the American jobs and wages amidst the severe impact on the economy due to the coronavirus pandemic.
Children app-y, parents happy: Now extra screen-time can be useful
Skill development is code for screen time turning lucrative for kids and parents.
Govt to come up with dedicated training modules for shipping and maritime sector
The ministry of skill development and entrepreneurship has signed an MoU with the minsitry of shipping for creating a robust framework to address the need for skilled workforce in the ports and maritime sector. "The partnership will help in effective implementation of training modules, assessment and the certification process of the candidates," skills ministry said in a statement.
Aatamanirbhar Skilled Employee Employer Mapping sees huge demand amid economic recovery
The Aatamanirbhar Skilled Employee Employer Mapping, a government directory of skilled workforce, has helped about 60,000 people get jobs in two months and lists around 500,000 verified vacancies for October-December
View: US will need talented refugees if skilled immigrants won't come
Keeping up skilled immigration is crucial for the US economy. But while a Biden presidency might be able to reverse some of the damage, much of it will likely be long-lasting. Worries about competition from H-1B workers run deep on the left as well. And many prospective foreign workers will certainly be deterred by what Trump has just done.
IL&FS sells education arm to reduce Rs 650 crore debt
The transaction provides positive equity value to IL&FS and resolves nearly Rs 650 crore of consolidated fund based and non-fund based financial debt, without any haircut to lenders.
Govt starts massive "profile building" exercise of workers returned from abroad
The government had launched the Swades (Skilled Workers Arrival Database for Employment Support) initiative to conduct a skill mapping exercise of returning workers. A total of 84,497 workers returned from the UAE, 50,536 from Oman, 49,000 from Saudi Arabia, 44,248 from Kuwait, 30,509 from Qatar and 14,920 from Bahrain.
View: Skill development holds the key to reinvent Indian workforce in times of Covid
It seems that although a large chunk of conventional types of jobs can become less attractive for the informal workforce, but there will be some jobs where the existing workforce can be put to use their existing skills. This can serve the twin purpose of providing employment while also ensuring that adequate skilled workforce is available for critical and upcoming tasks in the economy.
Hyundai Motor to set up Rs 150 crore Academy for Technical Skills
Hyundai Motor has undertaken many initiatives to help enhance the key skill sets of youth to ensure that they stay contemporary and industry ready, Hyundai Motor India Managing Director S S Kim said.
Amazon India launches skill development programme
The initiative has been launched with a pilot program for 1,000 apprentices, and will be scaled further, Amazon India said in a statement.
Trump's executive order on visas for foreign workers cost USD 100 billion, claims think tank
The executive order signed by Trump on June 22, that had temporarily banned issuing fresh H-1B and L-1 visas till December 31, caused a negative impact to the valuation of Fortune 500 firms equivalent to over USD 100 billion in losses, Brookings Institute said in a report released this week.
View: It's time to unleash the power of AI to make our jobs faster and easier
By making predictions faster, and more accurate, AI reduces the cost of prediction. And it replaces the human who was earlier doing this job.