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.
12 May 2022 - 11:47am | Dibya J Borthakur
The Bihu team from Raha police station at the inter district police station open bihu competition at Nagaon police reserve playground has bagged first prize.
The competition was organised on the...
7 Jan 2012 - 3:11am | editor
At least 30 workers sustained injury when the bridge they were building collapsed in Dhemaji district on Friday. The incident took place at around three in the afternoon where eleven of the...
7 Jan 2019 - 10:13pm | Akshaya Pranab Kalita
The Namrup regional unit of All Assam Student Union ( AASU ) organsied protest against the controversial Citizenship Amendment Bill 2016 by blocking the road and burning tyers at Sonari tiniali. The...
17 Jul 2014 - 7:04pm | AT News
Senior journalist Satish Chandra Sharma passed away on Thursday. The 68-year long journalist who worked with United News of India for nearly four decades died at a local hospital where he was...
If magh bihu comes can community fishing be far behind? From early in the morning people in several places across the state are landing in community fishing a few hours before the feasting festival. Armed with the various traditional weapons, people, mostly, living near the rivers and water bodies are engaged in fishing.“It is our tradition of fishing on Uruka day. I have a good catch of fish half an hour after I landed in this water body. I need no longer to stay here,” Jiten Barman told Assam Times in Nalbari who joined the fishing early in the morning.Tridip Das a local resident of Jalukbari area is equally happy after he caught a fish during the community fishing in deepor beel, a well...
Braving a biting chill, the entire state is soaked in Magh bihu festivity on Wednesday. Every household is busy with the last minute preparations a day before the much vaunted festival of feast.Today is uruka, the day of feast festival. Shops and markets are teeming with people for last minute shopping for the evening feast. Fish, meat and vegetables are flooding in the markets from early in the morning. Apart from feast a series of cultural programmes are lined up on the occasion.After the whole night celebration, the bihu would take place on Thursday morning by liting up the wooden made meji to offer puja to the god of fire. Governor PB Acharya, chief minister Tarun Gogoi along with many...
Only a day is left for Magh Bihu, the much vaunted festival of feast and merriment. But soaring prices seem to have embittered the real taste of the festival. Shops and markets are teeming with the people for bihu shopping. But a sudden price hike makes it difficult for the common to buy the commodities in the shops and markets.“Beaten rice is available in the markets. But the price stands at Rs 60 per kg. We the common people can hardly afford cream. Price of curd, pulse, coconut and molasses are also going up,” said Ananta Saikia in Ganeshguri.Jina Devi, a housewife in Beltola told Assam Times that a tight purse has not allowed them to buy more commodities in the market. She said, “We...
The North East Research and Social Work Networking (NERSWN), an NGO of Kokrajhar base observes its 10th foundation day with two day long progrmme from Monday at Gwjwn Dera NERSWN Complex, Chnandrapara in Kokrajhar. Deputy Commissioner Themeswar Malakar inaugurated the Children’ Mela where the different types of Science Exhibition, Magic Show, Sports, Literarily and cultural by the student children displayed. Children from different schools of lower Assam participated and displayed their talent in the field of science, arts, Technologies etc.A Seminar on “Civil Society Space in Promoting peace and Reconciliation in Zone of Conflict” was also organized the seminar was...
Senior bureacrate Himanshu Sekhar Das took oath as chief commissioner of RTI on Monday. Governor JB Patnaik administered Das the oath of office and secrecy at a brief fuction at the Raj Bhawan in the morning. Chief Minister Tarun Gogoi was also present in the function.
The Assam Government will confer Sukapha award to noted lawyer KN Saikia on Tuesday. The former Supreme Court judge will receive the award from chief minister Tarun Gogoi at a function at Rabindra Bhawan in the afternoon.
A total of 702 tribal families were given away land pattas, covering 300 bighas of forest land under the Scheduled Tribes and Other Traditional Forest Dwellers (Recognition of Forest Rights) Act, 2006 under Chirang Forest Division at a function held at Dhunabari Lower Primary school in Chirang Tuesday. BTC chief Hagrama Mohilary handed over the papers in the presence of BTC Deputy Chief Kampa Borgoyary, Deputy Commissioner, Chirang, Virendra Singh Mittal, DFO, Chirang, Subash Chandra Brahma and Project Director Deba Kumar Kalita. BTC Speaker Paniram Brahma and former Transport Minister, Government of Assam, Chandan Brahma were also present in the meeting.
Prime Minister Dr Manmohan Singh put in his papers before the President on Saturday. Dr Singh, who represents Assam in the Rajya Sabha, rushed to president Pranab Mukherjee at the Rashtrapati Bhawan at 12.30 in the afternoon where he tendered his resignation letters. Mukherjee accepted his letter and requested Dr Singh to continue the office till the next candidate takes over as the prime minister. Dr Singh, a professor and economist and former RBI governor was inducted in the Narasimha Rao cabinet as finance minister in 1991. In 1992, he was elected to the Rajya Sabha from Assam. Later in 20 04, when the party regained power he was sworn in as prime minister. He continued the office when...
Chief minister Tarun Gogoi said that he would quit taking moral responsibility of his party's dismal show in the Lok Sabha polls. Talking to Assamtimes at his Koinadhara residence on Friday, a visibly Gogoi said that he would send his letter to Sonia Gandhi seeking her consent. Same this was what APCC president Bhubneswar Kalita said after his party was trailing behind BJP in 8 seats.
Add new comment