India needs to unleash labour reforms to create jobs

July 9, 2014

New 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.

Comments

Add new comment

Coastaldigest.com reserves the right to delete or block any comments.
Coastaldigset.com is not responsible for its readers’ comments.
Comments that are abusive, incendiary or irrelevant are strictly prohibited.
Please use a genuine email ID and provide your name to avoid reject.

Agnesian alumni association celebrates Women’s Day

Media Release

March 10,2020

The Alumni Association members along with the members of Women’s Cell organized a programme to celebrate Women’s day and felicitate the student achievers in various fields.

The programme began with a prayer song by the members of the Women’s cell. Among the dignitaries were Sr Dr M Jeswina A.C, Principal, St Agnes College, Mrs Geanette Dsouza, Vice President, Agnesian Alumni Association, Ms Vivid Dsouza, Convenor of the programme and Secretary Agnesian Alumni Association, Mrs Jyothi Cutinha, Joint Secretary Agnesian Alumni Association.

The college president, Ms Jerusha Maben welcomed the gathering followed by a welcome dance. The student achievers of the college were honoured by the Agnesian Alumni Association;

Agnesian Outstanding Leader Award sponsored by Mrs Carol Pais in honour of her parents Mr Philip and Mrs Mariette Pais is awarded to Ms Jerusha Maben of III BCom.

Agnesian All-Rounder Award sponsored by Mrs Marjorie Texeira is awarded to Ms Anna Una Crasta of II MA English.

Agnesian Scholar Award sponsored by Dr Meera Aranha is awarded to Ms Shane Joveeta Jovet of III BCom.

Agnesian Best Sports Woman Award sponsored by Mrs Daisy Coelho is awarded to Ms Anusha K.J of III BSc.

Agnesian Best NSS Volunteer is awarded to Nerissa Clementina Noronha of III BCom.

Agnesian Best NCC Cadet Award (Army Wing) is awarded to CPL Melani Lobo of III BCom.

Agnesian Best NCC Cadet Award (Air Wing) is awarded to CWO Vanditha Anusha Dsouza of III BSc.

Sr Dr M Jeswina AC presided over the programme congratulated all the student achievers and wished them the best.

Mrs Carol Pais compered the programme and Ms Vivid Dsouza, Secretary of Alumni Association proposed the vote of thanks.

Comments

Add new comment

Coastaldigest.com reserves the right to delete or block any comments.
Coastaldigset.com is not responsible for its readers’ comments.
Comments that are abusive, incendiary or irrelevant are strictly prohibited.
Please use a genuine email ID and provide your name to avoid reject.

First Steps Preschool celebrates Fruits Day with fun and frolic

Media Release

March 4,2020

Mangaluru, Mar 4: With an objective to create awareness among children about the importance of consumption of fruits in regular diet, First Steps Pre-School, Kudroli, celebrated Fruits Day on Friday 28th February 2020 with fun and frolic.

The tiny tots of preschool celebrated Fruit Day. Children, representing the fruits of their choice sang the fruit rhymes with great zest, enthusiasm and vigour, enjoying the moments of joy and happiness in the company of their mates & teachers.

Teachers had made interesting and simple stories on encouraging children to have fruits in their meals. The teachers also explained the importance of fruits’ intake in diet for mental and physical growth. The tiny tots also learned more about the taste, smell,

color and texture of each fruit. Children clearly understood the importance of washing the fruits before eating or cooking and about the benefits of eating fresh fruits.

All the children were found to be quite thrilled and were positive on the fact that fruits are better than junk food.

The head teacher Himna S. Ahmed, teacher Azeema and Master Shehzan S. Ahmed arranged the event in an impressive manner which added feather to the event.

The event magnificently concluded with fruit feast for the kids of pre-school.

Comments