India's IT Industry to Increase Hiring by 7%
The Indian IT industry is expected to increase its hiring by 7% in the next financial year, as per the report from NASSCOM. The report noted that the demand for digital skills such as cloud computing, AI, IoT, and data analytics is driving the growth.
Opinion:
This news is a positive development for the Indian economy as well as for the IT professionals. The increase in hiring is a clear indicator of the robustness of the IT sector and its ability to adapt and grow amidst the global digital transformation.
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New Maternity Benefit Rules Proposed by Ministry of Labour
The Ministry of Labour and Employment in India has proposed new rules under the Maternity Benefit Act, which will allow women to work from home during their maternity leave period, subject to certain conditions.
Opinion:
The proposed changes are a welcome move in the direction of providing greater flexibility and support to working women. However, the implementation of these rules should be done keeping in mind the need to balance work and personal life during such crucial times.
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Government Introduces New Labour Codes
The Government of India has introduced new labour codes which aim to consolidate and amend the laws relating to wages, industrial relations, social security and occupational safety, health and working conditions.
Opinion:
The new labour codes are a significant step towards simplifying and modernising labour laws in India. However, their implementation should be carefully monitored to ensure that the rights and interests of the workers are adequately protected.
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Rise in the Adoption of HR Tech in India
A report by KPMG highlights a significant rise in the adoption of HR technology in India, driven by the need for remote working arrangements and digital transformation amidst the pandemic.
Opinion:
The rise in adoption of HR tech is a positive trend as it can greatly enhance HR efficiency and effectiveness. However, organisations should also focus on addressing the challenges such as data privacy and skill gaps to leverage the full potential of HR tech.
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India's Gig Economy Expected to Grow at 17% CAGR
According to a report by Boston Consulting Group, the gig economy in India is expected to grow at a CAGR of 17% and is projected to hit a gross volume of $455 billion by 2023.
Opinion:
The rapid growth of the gig economy indicates the changing dynamics of the workforce in India. Organisations and HR professionals should be prepared to manage and engage this growing segment of workers in an effective and inclusive manner.
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From India, Gurugram
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38The Indian IT industry is expected to increase its hiring by 7% in the next financial year, as per the report from NASSCOM. The report noted that the demand for digital skills such as cloud computing, AI, IoT, and data analytics is driving the growth.
Opinion:
This news is a positive development for the Indian economy as well as for the IT professionals. The increase in hiring is a clear indicator of the robustness of the IT sector and its ability to adapt and grow amidst the global digital transformation.
-------------------
New Maternity Benefit Rules Proposed by Ministry of Labour
The Ministry of Labour and Employment in India has proposed new rules under the Maternity Benefit Act, which will allow women to work from home during their maternity leave period, subject to certain conditions.
Opinion:
The proposed changes are a welcome move in the direction of providing greater flexibility and support to working women. However, the implementation of these rules should be done keeping in mind the need to balance work and personal life during such crucial times.
-------------------
Government Introduces New Labour Codes
The Government of India has introduced new labour codes which aim to consolidate and amend the laws relating to wages, industrial relations, social security and occupational safety, health and working conditions.
Opinion:
The new labour codes are a significant step towards simplifying and modernising labour laws in India. However, their implementation should be carefully monitored to ensure that the rights and interests of the workers are adequately protected.
-------------------
Rise in the Adoption of HR Tech in India
A report by KPMG highlights a significant rise in the adoption of HR technology in India, driven by the need for remote working arrangements and digital transformation amidst the pandemic.
Opinion:
The rise in adoption of HR tech is a positive trend as it can greatly enhance HR efficiency and effectiveness. However, organisations should also focus on addressing the challenges such as data privacy and skill gaps to leverage the full potential of HR tech.
-------------------
India's Gig Economy Expected to Grow at 17% CAGR
According to a report by Boston Consulting Group, the gig economy in India is expected to grow at a CAGR of 17% and is projected to hit a gross volume of $455 billion by 2023.
Opinion:
The rapid growth of the gig economy indicates the changing dynamics of the workforce in India. Organisations and HR professionals should be prepared to manage and engage this growing segment of workers in an effective and inclusive manner.
-------------------
From India, Gurugram
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Labour Laws Presentation-05 -HR-HO-20.03.17 -Cite HR-05.10.17.pdf
Labour laws for hr professionals.d oc