The company said its 'Snapdeal 2.0 strategy' has helped driving 3X growth in business volumes while reducing costs by 90%
Infosys' attrition at the end of the fourth quarter had jumped more than 18% on a standalone annualised basis, as compared to 16.6% in the same period last year, and 17.8% in the third quarter.
As per data compiled from CMIE and annual reports of these companies, the average rate of net addition in employee strength, for TCS has been 11.6 per cent. Whereas the same for Infosys has been 8.18 per cent, since the last 11 fiscals
The NSSO report said that Kerala continued to post the highest unemployment rate at 11.4 per cent in 2017-18 compared to 6.1 per cent in 2011-12, followed by Haryana with 8.6 per cent in 2017-18 to 2.8 per cent in 2011-12.
The fall in the employment rate was the first time in a year since 2013-14, and the steepest since the slowdown of 2011-12 when it had declined by 2.82 per cent
Former RBI Governor Raghuram Rajan suggested that India needs to boost its pace of growth, especially in job creating sectors which in turn merits a whole new generation of reforms as the old ones have lost momentum.
The logistics industry has seen many policy changes over the past couple of years and efficiency in this sector is a precursor to success in manufacturing - Make in India has been a struggle for the NDA government
The CMIE report said that the rate of labour participation fell from 42.7% in February to 42.6% in March.
Many indicators show that employment in handloom industry has not increased. For example, handloom fabric production declined between 2014-15 to 2017-18
Azim Premji University's policy paper suggests the pan-India scheme cover towns with population less than one million.