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India has traditionally had a lower percentage of population of appropriately skilled workers comparable to other economies of the world. In its 11th five-year plan for the financial year 2007-12 suggested actions to increase the skilled workforce in the country to 15 million annually and targeted to skill 150 million people by 2022.
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.
Indian Bank is an Indian public sector bank, established in 1907 and headquartered in Chennai.It serves over 100 million customers with 40,187 employees, 5,856 branches with 4,937 ATMs and Cash deposit machines.
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 ...
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 ...
State Bank of India (SBI) is an Indian multinational public sector bank and financial services statutory body headquartered in Mumbai, Maharashtra.It is the 48th largest bank in the world by total assets and ranked 178th in the Fortune Global 500 list of the world's biggest corporations of 2024, being the only Indian bank on the list. [11]
Amazon Basics Cat Tower This budget-friendly cat tower features a hammock, toy, and scratching posts all in one, offering your cat a perfect spot to play and rest.
Regional rural banks (RRBs) are government owned scheduled commercial banks of India that operate at the regional level in different states of India. These banks are under the ownership of the Ministry of Finance , Government of India , Sponsored Bank and concerned State Government in the ratio of 50:35:15 respectively.