Indian companies are rapidly expanding their global footprint, often through acquisitions funded by canny investors who have recognised the competence of Indian managers and the skills they bring to the table. But there is a flipside to this. An estimated one-fifth of India’s current workforce from shop-floor workers to top managers which has played a crucial part in the transformation of Indian business will be out of the workforce by the year 2010. And the reason is that they would have passed India’s absurdly low retirement age of 58 in most corporate organizations and 60 in a few. It is a well know fact that it is felt that India’s much-touted ‘demographic dividend’, its vast supply of young workers entering the workforce will give India a huge edge over other economies, who are faced with a rapidly aging working population. Young, yes.But are they talented? There’s a question mark over that. According to a recent study by Citigroup, critical and rapidly growing sectors like retail, civil aviation, telecom services and infrastructure, especially engineering services, are already facing moderate to severe talent shortages. Meanwhile, experienced, well-trained manpower is simply walking out of the office door, never to return. And most employers do not even appear to be bothered by this.In a survey of 4,742 employers spread across all major sectors, the results of which were released recently, recruitment major Manpower India found that a majority of the respondents did not have any strategy in place to retain or use what it termed the ‘older workforce’ — employees aged 50 years or above.
17 Jun 2013 - 4:14pm | AT News
Commemorating 100 years of Indian Cinema, the President of India Pranab Mukherjee released a special sheet of postal stamps on May 2, 2013, featuring 50 legends of Bollywood including Dr. Bhupen...
21 Nov 2008 - 1:46pm | editor
A Sivasagar court remanded dreaded ULFA leader Ram Singh to four days police custody on Thursday. According to information, soon after the end of all the legal formalities he would join the pro-talk...
9 Dec 2018 - 11:51am | AT Kokrajhar Bureau
Kokrajhar: Noted writer Rituraj Basumatary has been named for the Sahitya Akademy award for Bodo language which was declared today by Sahitya Akademy in New Delhi. Basumatary has been named...
1 Apr 2016 - 10:22pm | AT Kokrajhar Bureau
The electioneering campaigning from different parties and organizations for their candidates including United People's Party (UPP) have been gained momentum among common voters ahead few days left to...
Wanna do online journalism? You can do if you are confident and workaholic. Need only an online training. We at Assam Times are ready to help you translate your dream in this roaring job. Come January 1, 2018.
Register now for online course free of cost and get the advantage. Manned by a team of sharp and dedicated journos of international repute we are coming up from the new years day.
Yet another witch hunting incident fans no less shock and anger across the on Monday two days after it came to light. The incident took place at a remote helmet in Chirang district bordering Bhutan where thr body of the victim was recovered on Saturday. Identified as Guneswar Basumatary, the local resident of Koila Moila near Dotom was believed to have been killed alleging witch craft. According to family members,Guneswar went missing on September 16 evening he visited his relative's house at Koila Moila area. Family members lodged an FIR with Amguri PS,case number 45/2017, under section 302/201 IPC. During a search operation, police and family members recovered body in decomposed...
A local magistrate in Nagaon on Friday remanded Mithu Roy to two days police custody after the trader was produced before it in connection with the recent incident where he and his associates thrashed four former ULFA rebels who approached him for fund to feed the flood hit people. According to allegations, he was the main culprit who hired a few local associates to beat up the youths who were raising fund. He was arrested on Thursday as he was on the run as police arrested his three associates on Wednesday afternoon. Meanwhile, a huge gathering in the central Assam town demanded examplary punishment of the accused youths saying that they...
A candle lighting rally was carried out at Salakati in protest against killing of ABMSU leader Lafikul. The was organized by ABMSU and was participating by ABSU, AKRSU, bengali Federation, Santhali Student's Union and many organizations. The rally was started from Salakati anchalik Abmsu office and concluded at Railway gate. Thousands housands of activists from various student's union and civilians participated and demanded early arrests of main culprits.The ABMSU demanded CBI inquiry into Lafikul murder,arrest main culprits and provide safety and security to the persons of the region. Moinuddin Ali,ABMSU leader said that main culprits should be nabbed as soon as possible...
United Liberation Front of Asom (Independent) said The Nagas Nation has lost a true and uncompromising Nationalist. "In the creation of Western South East Asia geographic identity with an organic soul giving hope to even the smallest nationality of the region opportunity to get just political representation amongst the family of Nations reflects his deep understanding and vision in keeping with his superb statesmanship". Describing him as a 'Grandee' of the indigenous citizens of the WESEA region, ULFA(I) chairman Dr Abhizeet Asom in his condolence message to media said "as the Chairman of United Liberation Front of Western South East Asia, he brought an affinity amongst the...
Amid an escalating controversy over beef consumption, yet another leader has quit BJP in Meghalaya suggesting a setback for the saffron party in the pre poll political landscape. North Garo Hills BJP president Bachu Marak pulled out of the party after the national party spokesman Nolin Kohli warned him against a beef party in Tura to celebrate the three years of the NDA government at the Centre. Marak, who pulled many people to BJP in the Congress ruled state rued in his resignation letter to state party president Sjibun Lyngdoh made it plain and simple that he would never go against the sentiment of the Garo people for whom beef is an inevitable item at any feast. He...
A crucial meeting of BPF and AGP leadership with Amit Shah is clearing the decks for the expansion of Sarbananda Sonowal cabinet slated for April 15. Senior BJP leader Himanta Biswa Sarma along with AGP president Atul Bora, his BPF counterpart Hagrama Mohilary is meeting the BJP president in New Delhi on Monday where the entire process would be finalized. Sources told www.Assam Times that Bongaigaon legislator Phani Bhushan Chaudhury is likely to be inducted in the cabinet from AGP. Both AGP and BPF will have one each in the cabinet while BJP will have six new faces in the expanded cabinet. Those who are attending the close door meet include Hagrama Mohilary, Arul Bora, Hemant Biswa...
In a bizarre incident that triggers statewide anger and surprise, the police have arrested a top ranked officer in Dispur on bribery charges on Tuesday before recovering more than Rs 1 crore from his possession.He is none other than Kujendra Doley, the irrigation secretary who alleged to have been collecting lakhs of rupees from the contractors for releasing their bills.Acting on a complaint from a contractor, the sleuths of the vigilance and anti corruption cell caught the secretary red handed and seized an astronomical amount of money from his office locker he allegedly to pay minister Ranjit Dutta.Then Doley was taken to his residence in the city and Rs 10 lakh were seized in cash during...
Add new comment