Today : Saturday - Aug 30, 2014, 05:41pm (GMT+5.5)
All News  
Top News
National News
International News
Business News
Sports News
   » Cricket
   » Football
Entertainment News
Sci - Tech
Politics News
Health & Fitness
Education
Travel
Lifestyle
Gulf News
Featured
 
::| Latest News
News in Pictures

Seemingly unfazed at being ousted from the Asian Athletics Association, scam-tainted Suresh Kalmadi on Monday said losing the presidential re-election bid to Qatar’s Dahlan Jumaan Al-Hamad has actually given him a chance to work at the “grassroots” level.
“I have no issues today and I congratulate Mr Al-Hamad for being elected as President. I am rather relieved that I will be able to work at the grassroots level in athletics,” Mr. Kalmadi said after losing the vote during the ongoing AAA Congress in Pune.

National News
 

'Key challenge is to provide enough jobs in manufacturing and services sector': Anand Sharma

Monday - Jan 28, 2013, 02:31pm (GMT+5.5)
[+] Text [-]

Agra - Taking the theme of employment generation forward, Union Commerce and Industry Minister Anand Sharma has said that there is a serious challenge for policy makers to provide enough jobs in the manufacturing and services industry to absorb these people and to impart adequate skill sets to make them employable.

Speaking during the inaugural session - "Global Partnerships for Enduring Growth" here yesterday, Sharma said that 200 million young people will enter work force in coming years and National Manufacturing Policy is the one of the key instrumentalities for dealing with this challenge as it will add 100 million jobs by taking the share of manufacturing to 25 per cent in next decade.

He also highlighted the unprecedented crisis of unemployment, which is being faced by countries world over.

"Based on the current trends, there would be an estimated shortage of 40 million skilled workers and 45 million semi-skilled workers globally within this decade. Countries like India will see 200 million additional job seekers in the next 10 years as they shift from the rural economy towards urban industrial activity," said Sharma.

He also said that the government will continue its emphasis on imparting skills to the youth to reap the demographic dividend of a largely young population.

Sharma further said that the since the onset of the global financial crisis four years ago, the global economy even today continues to struggle with the unabated impact in its aftermath.

Expressing concern over the continued volatility in capital flows and wobbly recovery in the major markets, Sharma said that to get out of the crisis situation, countries world over have to engage with one another in a proactive manner.

"India has remained conscious of this process of economic integration and even in the peak of the economic crisis, we stepped out and engaged with the rest of the world and in the last three years, we have signed comprehensive economic partnership agreements with ASEAN, Malaysia and Japan and are negotiating similar agreements with Thailand, Canada, New Zealand, Australia and our BITA with European Union is on the verge of conclusion," Sharma said.

"At the last East Asian Summit in Cambodia, we have joined the Regional Comprehensive Economic Partnership negotiations, which will perhaps emerge as the largest trading bloc in the entire world, including countries of ASEAN, Japan, Korea, China, Australia and New Zealand apart from India," he added.

Sharma is the Chairman of the Partnership Summit, which is being organized by CII in collaboration with Commerce and Industry Ministry and Uttar Pradesh government.





|

Rating (Votes: )   

blog comments powered by Disqus

Other Articles:
'Bunty Chor', nabbed in Pune, brought to Kerala (28th Jan, 2013)
Telengana protests as centre delays decision (28th Jan, 2013)
DAMINI'S CASE: Decision on Juvenile’s age verification (28th Jan, 2013)
Would have led mobs to demolish Taj Mahal: UP minister (28th Jan, 2013)
Taj Corridor scam: SC seeks Mayawati's response (28th Jan, 2013)
Congress downplays move to defer decision on Telangana statehood (28th Jan, 2013)
Bihar CM orders probe into torture incident (28th Jan, 2013)
Congress solely responsible for crisis in Andhra: D. Raja (28th Jan, 2013)
Fish gets dearer as trawler owners strike work in Goa (28th Jan, 2013)
Partly cloudy day ahead for Delhi (28th Jan, 2013)
India, Bangladesh to ink extradition treaty, visa pact (28th Jan, 2013)
Two die in Meghalaya bus accident (28th Jan, 2013)
Quiet Sunday at day four of Jaipur Lit Fest (28th Jan, 2013)
Two held for abducting soldier's son in Delhi (28th Jan, 2013)
Government defers Telangana decision; BJP, TRS slam betrayal (28th Jan, 2013)
Telangana decision to take little more time: Government (28th Jan, 2013)
Centre's statement evokes strong reaction from Telangana groups (28th Jan, 2013)
TV channel gets notice over gurdwara poll campaign telecast (28th Jan, 2013)
Pakistanis allege harassment at foreigners registration office (28th Jan, 2013)
India tests underwater-launched missile (28th Jan, 2013)
Netaji's daughter hopes to bring her father's ashes to India (28th Jan, 2013)
Ministry moots water efficiency bureau for conservation (28th Jan, 2013)
Denied leave, enraged Karnataka cop shoots sub-inspector dead (28th Jan, 2013)
Rs.1.8 crore sportscar catches fire in Mumbai (28th Jan, 2013)
Bright Sunday sun makes Delhi pleasant (28th Jan, 2013)




Contact Us | Advertise with Us | Privacy Policy | Disclaimer | Terms of Use