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Author: India Employer Forum

degree-apprenticeship-program

Degree Apprenticeship Program: The Key to Solving Unemployability

IEF Editorial Team India Employer Forum November 15, 2024
India is currently facing a unique challenge: despite its vast youth population, a significant skills gap persists, affecting workforce readiness and job market alignment. As of the latest data from the 2023-24 Periodic Labour Force Survey (PLFS), the unemployment rate among youth aged 15-29 stands at approximately 10.2%, with even higher rates for urban females […]
higher-education-policy-reforms

Key Trade-offs in Higher Education: Policy for Developing Nations

IEF Editorial Team India Employer Forum November 15, 2024
There are no simple answers to questions of what is the purpose of education? Is education to provide lessons for living or for livelihood? One of the most fundamental questions is why some countries remain poor. Poverty is often a result of low productivity, and while various factors can enhance productivity, education stands out as […]
lean-management-principles

Efficiency Unleashed: Lean Management Principles Can Drive Business Growth 

IEF Editorial Team India Employer Forum November 15, 2024
Lean management has become a transformative strategy for organizations seeking efficiency and enhanced customer satisfaction. This methodology, widely adopted across various sectors, particularly in service industries like finance and healthcare, helps businesses reduce waste and improve productivity. A standout example is Axis Bank, whose “Shikhar” transformation initiative successfully reduced customer wait times for loans by […]
benefits-of-hybrid-workplace

Embracing the Future: Hybrid Work Models Are Here to Stay!

IEF Editorial Team India Employer Forum November 14, 2024
The hybrid work model has become a powerful strategy for companies in 2024, balancing flexibility with productivity to attract, retain, and engage top talent. The COVID-19 pandemic accelerated the shift to remote work, fundamentally transforming traditional office dynamics. As businesses now navigate a post-pandemic landscape, the importance of hybrid work is clear: it provides a […]
monthly-compliance-roundup-october-24

Monthly Compliance Roundup October 2024

IEF Editorial Team India Employer Forum November 13, 2024
The regulatory compliance landscape in India is highly dynamic, with an average of ~23 updates per day. In FY23-24 alone, there were as many as 8,331 updates w.r.t compliance requirements. These regulatory changes are notified on over 2,000 union, state, and local government websites in the form of notifications, directions, circulars, advisories, orders, amendments, and […]
revamping-indias-human-capital

Revamping India’s Human Capital: A Blueprint for Economic Transformation

IEF Editorial Team India Employer Forum November 8, 2024
In September 1984, JRD Tata responded to PN Haksar, a retired bureaucrat, who criticized businessmen for their lack of contribution to India’s development. Tata expressed his frustration: “I began my 55-year career as an angry young man due to foreign dominance and end it as an angry old man, heartbroken over the ongoing plight of […]
labour-reforms-myth

Labour Reform: Debunking the Myths

IEF Editorial Team India Employer Forum November 7, 2024
The myth that labour reforms are inherently anti-worker is a narrative often perpetuated by left-wing parties and trade unions in India. This false belief, largely driven by self-interest, paints labour reforms as detrimental to workers when, in reality, they are crucial for the growth and development of India’s labour market. Such a narrative distorts the […]
india-in-2050

India in 2050: A Wishlist for Growth, Opportunity, and Prosperity

IEF Editorial Team India Employer Forum November 6, 2024
As India prepares to fulfil its promise of accelerating economic growth, the current five-year plan significantly increases investments in infrastructure and incentivizes manufacturing. Additionally, efforts are being made to better connect education and employment, with a renewed emphasis on skill development. These initiatives have led Bloomberg Economics to project that the Indian economy could grow […]
skills-gap-india-employer-forum

Addressing the Skills Gap for a Future-Ready Workforce

IEF Editorial Team India Employer Forum November 5, 2024
With the rapid advance of technology and automation, the demand for skilled workers continues to grow. Yet, many organisations are struggling to find individuals equipped with the necessary expertise. This gap between the skills workers possess and the skills businesses require has become a pressing concern. Addressing this issue isn’t just a matter of corporate […]
benefits-of-degree-apprenticeships

Top 5 Benefits of Degree Apprenticeships for Strengthening Your Workforce

IEF Editorial Team India Employer Forum November 4, 2024
India is experiencing a profound transformation in its workforce composition, driven by advancements in artificial intelligence, automation, and evolving industry demands. Employers across sectors increasingly seek to recruit industry-ready talent capable of navigating this dynamic landscape. However, despite the surge in demand, youth employability remains a critical challenge, underscoring the need for targeted skill development […]
monthly-compliance-roundup-september-2024

Monthly Compliance Roundup September 2024

IEF Editorial Team India Employer Forum October 10, 2024
The regulatory compliance landscape in India is highly dynamic, with an average of ~23 updates per day. In FY23-24 alone, there were as many as 8,331 updates w.r.t compliance requirements. These regulatory changes are notified on over 2,000 union, state, and local government websites in the form of notifications, directions, circulars, advisories, orders, amendments, and […]
nbfc-compliance-india-employer-forum

NBFC Compliance in India

IEF Editorial Team India Employer Forum October 9, 2024
Ritu Nagpal, Company Secretary & Compliance Officer, SG Finserve, speaks to the India Employer Forum about NBFC compliance and complexities in India. 1.How has the NBFC regulatory framework in India evolved over the years? The NBFC regulatory framework has undergone significant evolution. Historically, compliance involved consulting the Companies Act, whether from 1956 or 2013 and […]
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