A wait for better wages and compensation
Business Standard|August 17, 2022
Mission Kushal Karmi, launched by the Delhi govt in July, aims to train 200,000 workers in one year
NITIN KUMAR
A wait for better wages and compensation

"It was the money that attracted us to the training," says Jitendra (he gives only his first name), an assistant shuttering carpenter trainee. He is talking about Mission Kushal Karmi, the Delhi government's scheme to improve construction workers' skills. The state government has promised to pay ₹4,200 to every worker who completes the 15day training programme, which was launched on July 6 with the aim of upgrading the skills of 200,000 construction workers in a year.

Unemployed for three months, Jitendra and his brothers who came to Delhi from Madhya Pradesh with their families in tow to work as construction workers-were among the first to enrol in the inaugural batch. They were lured more by the money than the "skilled worker certificate" and labour card. But after completing the training, the brothers are unemployed again.

Altogether 200 people enrolled for the scheme. Training for the first batch of the pilot project ended on July 26. Those who cleared the assessment test have received the skill certificate and labour card but are awaiting the *4,200 wage-loss compensation.

Bu hikaye Business Standard dergisinin August 17, 2022 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

Bu hikaye Business Standard dergisinin August 17, 2022 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

BUSINESS STANDARD DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
Breweries stir up barrels with mercury rising
Business Standard

Breweries stir up barrels with mercury rising

Firms ramp up production, diversify offerings on record summer sales forecast Bengaluru,

time-read
2 dak  |
May 06, 2024
Business Standard

Spice row: Norms for pesticide residue stringent, says gov

AKSHARA SRIVASTAVA & SANKET KOUL New Delhi, 5 May India has some of the most stringent norms for pesticide residues limit in food items, the government asserted on Sunday, amid reports that the regulator permits higher pesticide residues limit in herbs and spices.

time-read
2 dak  |
May 06, 2024
Business Standard

Committed to theaterisation of military: Rajnath

The theaterisation process in the military is making progress as consensus is emerging among the three services on the ambitious initiative, Defence Minister Rajnath Singh (pictured) said in first clear remarks reflecting forward movement in the mega reform initiative.

time-read
1 min  |
May 06, 2024
THE EXPENDABLES
Business Standard

THE EXPENDABLES

Is the COO position becoming redundant?

time-read
4 dak  |
May 06, 2024
Business Standard

Small is beautiful, but not always

For most SFBs, being a small bank is part of their journey, not the destination

time-read
5 dak  |
May 06, 2024
A case for making RBI regulations plain, simple
Business Standard

A case for making RBI regulations plain, simple

The April bulletin of the Reserve Bank of India (RBI) has an interestin 'Gauging Linguistic Complexity of on Regulatory Communication'.

time-read
2 dak  |
May 06, 2024
Business Standard

Sequence of returns' big impact on final corpus

Prem invests 1 lakh per annum for 30 years, earning 12 per cent per annum for the first 15 years and 6 per cent for the next 15 years.

time-read
2 dak  |
May 06, 2024
Business Standard

Protecting streedhan: Maintain inventory, store in woman's locker

The husband's family should also document all gifts to avoid false allegations

time-read
3 dak  |
May 06, 2024
M&M's growth engines roar to life, launches to drive gains
Business Standard

M&M's growth engines roar to life, launches to drive gains

SUCCESS MILEAGE: Investor confidence accelerates with growth focus

time-read
3 dak  |
May 06, 2024
Business Standard

'Elections stoke volatility but don't alter market dynamics'

With less than a month remaining until the declaration of results for the 18th Lok Sabha elections, the markets are witnessing a spike in volatility. While the victory for the incumbent Bharatiya Janata Party government has largely been factored into market expectations, the uncertainty surrounding the allocation of seats is stirring some apprehension among investors. NIKET SHAH, the newly appointed chief investment officer (CIO) at Motilal Oswal Mutual Fund (MF), suggests that if the ruling coalition fails to secure a substantial majority, it could exacerbate short-term market volatility. Shah, who oversees assets valued at ₹46,000 crore, shares with Abhishek Kumar via email that valuations remain reasonable, and the potential for higher earnings growth is bolstering the ascent of small and midcap stocks. Edited excerpts:

time-read
2 dak  |
May 06, 2024