The Karnataka government is considering rules for multinational companies working in the state to list the number of locals they employ. Job preference to locals was tried first in Haryana, but struck down by the Punjab and Haryana High Court. It is now in the Supreme Court
Demographic dividend seems to be on the negative side in India. The most populous nation in the world might find this “crown” full of thorns, and that the country is driving down a road that leads to disaster.
Covid-19 has had a deleterious effect on employment with unemployment going up to 24 percent in May 2020. While some key sectors will be badly hit, others could emerge relatively unscathed
WITH the outbreak of Covid-19, economic activities abruptly came to a standstill. The magnitude of the impact has had a multiplier effect as it was accompanied by a complete social and economic shutdown.