Unemployment Current Affairs, GK & News

Global Economic Prospects Report

The World Bank recently released the Global Economic Prospects report. What are the key findings of the Global Economic Prospects report? According to the report the Indian economy is to contract by 9.6% in 2020-21.  The Indian economy is to recover 5.4 percent in 2021-22.  The contraction in Indian economy will be mainly due to ..

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Trump signs package to fund Government and COVID-19 relief

The US President Donald Trump recently signed the 900 billion USD relief package that will help in Government funding and COVID-19 relief measures. About the package It is a part of the 2.3 trillion USD spending package. It also includes provisions that will allow the sanction of 1.4 trillion USD that will be used to ..

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World Economic Forum: “The Future of Jobs Report, 2020”

The world economic forum recently released the third edition of the future of jobs report 2020. According to the report the covid-19 and its impacts will disrupt more than 85 million jobs by 2025. About the report The report is based on the future of jobs. The report has been prepared by the forum based ..

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Ambedkar Social Innovation Incubation Mission: Key Facts, Features and Benefits

On September 30, 2020, the Minister of Social Justice and Empowerment Minister Thaawarchand Gehlot launched Ambedkar Social Innovation and Incubation Mission for the Scheduled Castes under Venture Capital Funds. The mission aims to promote innovation among the SC students in the country. Key Features To promote entrepreneurship among SC students with special preference to disabled ..

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ESIC to pay 50% of 3 months’ average wages as Unemployment benefit

In a recent notification, the Employees’ State Insurance Corporation declared to relax their norms, to aid the people who became jobless amid the COVID-19 outbreak with 50% of average wages of three months as unemployment benefit. Highlights The people who lost their job between March 24 and December 31 will get the benefit. A total ..

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