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The Minimum Wages Act 1948 is an act of parliament concerning Indian labour law that sets the minimum wages that must be paid to skilled and unskilled workers.. The Indian Constitution has defined a 'living wage' that is the level of income for a worker which will ensure a basic standard of living including good health, dignity, comfort, education and provide for any contingency.
The Indian government mandates that this payment be at the rate of 15 days salary of the employee for each completed year of service subject to a maximum of ₹ 10,00,000. It is an act to provide for a scheme for the payment of gratuity to employees engaged in factories, mines, oilfields, ports, plantations, shops or other establishments and ...
The largest employers in India include companies, the military, railway and the government. To keep the list manageable in length, only those companies/employers which have at least 100,000 employees are included in the list.
Investment banking in India started in the 19th century when European merchant banks began establishing trading houses in the country. [11] Foreign investment banks dominated the sector until the 1970s, when the State Bank of India launched its Bureau of Merchant Banking, and ICICI Securities became the first Indian private sector financial institution to offer merchant banking services. [11]
The scheme resulted in 36.86 crore new in-use bank accounts by mid-2021. [90] [91] Deendayal Upadhyaya Grameen Kaushalya Yojana (DDU-GKY, Deen Dayal Upadhyaya Rural Skills Schemes) — MRD: 2014: Skill Development: A scheme to engage rural youth, especially BPL and SC/ST segments of the population, in gainful employment through skill training ...
Researchers at the Hiring Lab identified 2,600 skills listed in job postings on the career site's platform. They sorted them into 48 separate skill families, ranging from administrative skills to ...
The unemployment rate stood at 4.1% in October. Job growth for September was also revised higher on Friday, with revisions now indicating the US economy added 56,000 more jobs than initially ...
NEW DELHI (Reuters) -The U.S. government is in the process of removing restrictions on Indian nuclear entities, National Security Advisor Jake Sullivan said on Monday, in a bid to forge deeper ...