India needs to unleash labour reforms to create jobs

July 9, 2014

labour reformsNew Delhi, Jul 9: India needs to unleash second generation labour reforms and capitalise on demographic advantage for creating new firms and jobs, a government document said on Wednesday.

“It is imperative to use India"s unique demographic moment wisely and unleash the second generation reforms,” the Economic Survey for 2013-14 stated.

The suggestion assumes significance as the employment growth during 2004-05 to 2011-12 only 0.5 per cent compared to 2.8 per cent during 1999-2000 to 2004-05.

India with a large and young population has a great advantage. The average age of the 125 billion strong country"s population will be 29 years in 2020, even younger than the 37 years of China and the US.

Besides, the proportion of working-age population in India is likely to increase from 58 per cent in 2001 to more than 64 per cent by 2021, adding about 63.5 million new entrants between 2011 and 2016 with a large number of young persons in the 20-35 years age group.

The proportion of working-age population in India is likely to increase from 58 per cent in 2001 to more than 64 per cent by 2021, adding about 63.5 million new entrants between 2011 and 2016

Taking advantage of such an opportunity is contingent upon the progress on the human development front, the survey suggested.

According to the document, the ultimate goal of the economic policy is to create a sustained renaissance of high growth in which hundreds of millions of good quality jobs are created.

Good quality jobs, as per the survey, are created by high productivity firms, so this agenda is critically about how firms are created, how firms grow, and how firms achieve high productivity.

In present scenarios, it observed, labour laws create strong incentives for firms to avoid hiring a large number of low skill workers and an array of problems holds back the entry and maturation of new firms which protects existing businesses, even if inefficient, and limits entry and competition.

Taking a first step to revamp labour laws in a decade, the new government has planned to amend the archaic Factories Act, 1948. Earlier most governments have avoided labour reforms for fear of a backlash from the politically powerful labour lobby.

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Media Release
July 12,2020

Mangaluru: COVID-19 has disrupted the traditional academic year.  Due to the on-going pandemic situation and the financial crisis, the management of The Shepherds' International Academy, Mangalore (TSIA) has decided to reduce the annual school fees by 50% for the academic year 2020-21.

In a media release, TSIA correspondent stated that even though the school hasn't met the regular operating expenses, the management's decision is for the benefit of the communities.

The correspondent also informed that TSIA will start online classes  on receipt of the official nod from the Govt. Educational department.

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Media Release
May 26,2020

The Department of Business Administration organised a Webinar on Career Planning and Development for the Under Graduate and PUC students of various colleges on 23 May 2020. Sr Dr Venissa A.C, Principal, inaugurated the programme and conveyed her best wishes. Mr Abhilash K, Managing Director of Abhijnya Education Private Limited was the Resource speaker.

Mr Abhilash said that a student should assess themselves, evaluate their career skills, set career goals in order to implement and maximise their career plan. He listed out the various courses available after completion of PUC/Degree. He also said that the students need to create their own future, assess their strengths, build personality and explore various options available to build their own career. He gave a few tips on how to prepare for the various competitive exams and manage time.

The Webinar had 125 participants from various colleges who actively participated by asking their doubts on Career Planning. The programme was conducted on Google Meet. Dr Neethu Suraj, Assistant Professor of BBA welcomed the Resource speaker and the participants, Mr Elson Dsouza Assistant Professor of BBA delivered the vote of thanks and Mrs Sabina Dsouza HOD of BBA coordinated the programme.

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Press Release
January 3,2020

Mangaluru, Jan 3: Vishruth Bhat, a Class VI student from CFAL is the topper in Dakshina Kannada District in the first round of the VVM examination (VI Standard category) and now advances to the ‘State Level Camp’.  Proving their mettle, 12 students from CFAL have qualified for the “State Level Camp” of Vidyarthi Vigyan Manthan (VVM) - a national programme to educate and popularise science for classes VI – XI. A total of 129 students are selected from Karnataka to participate in the State Level Camp, out of which around 9.30% students are from CFAL. These students were selected on the basis of their performances in the first stage, an online exam. The State level camp shall include written test, observational analysis of video clips, situation problem solving and hands on activities.

The selected students are:  B Vishruth Bhat, Pratham D, Chinmayee Adiga, Chirag J Sunil, Nidhi Noronha, K Sai Prathiksha, Aryan Atul Surana, Rakshith K R, Anupama Kamath, Krithi, Mavith Saldanha and Vignaraj. Among the selected students Kirti, Mavith and Vihnaraj are TLC PU College students.

About VVM:

VVM is a national program jointly organized by Vijnana Bharati, NCERT and Vigyan Prasar for educating and popularizing science among the school students of Classes VI to XI. The main objective of the program is to identify keen knowledge seekers in Science and then nurture them for higher level of science education. Students participating in VVM undergo the following multi-level testing procedures:

•        Objective type question answering

•        Comprehensive writing

•        Presentation and Group discussion

•        Role play

•        Practical examination

•        Methods of Science

The program also includes organising visits to reputed National Science Laboratories and Centres. To enable deserving students to have interaction with renowned scientists of the Nation. The VVM will identify Vigyan Jigyasu (Keen Knowledge Seeker of Science) at National level.  

This exam is conducted in three phases.  The first phase is an online exam conducted in the school itself.  In the second phase (State level camp) top 20 rankers per class, per state will be identified to participate in two days State Level Camp. Eminent scholars and scientists from different fields will guide the students. Practical examination will be conducted to select top 2 students from each class to participate in the national camp. Toppers will get certificates and cash awards.

In the third phase (National camp) which is a 2-day camp, comprise presentations, scientific understanding, innovation, and creativity, out of box activities and assessment of leadership qualities. Toppers are awarded with certificates and cash awards.

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