Willis Towers Watson's Salary Budget Planning Survey Report says hiring activity has slowed down in automobile, auto ancillary and engineering fields; general industry, chemical, high-tech and pharmaceuticals will witness the highest salary hike of 10% in 2020
The data showed the service sector is the only industry that is "driving the growth jobs in the non-farm sectors, while employment growth in construction has decelerated along with a fall in manufacturing employment during 2011-12 and 2017-18"
Agriculture sector witnessed an increase of 84 lakh jobs, led by crop cultivation. The estimated employment in agri sector rose to 13.9 crore from 13.3 crore, while poultry farming and animal husbandry reported a growth in estimated employment from 18 lakh to 43 lakh
The AGR dispute is going to disrupt the finances of telcos like Airtel and Vodafone Idea. Airtel, for instance, will have to shell out Rs 21,682 crore, while Vodafone Idea's payout will be much bigger at Rs 28,308 crore