News: PM Modi sets up two cabinet panels for investment and employment

C-Suite

PM Modi sets up two cabinet panels for investment and employment

Prime Minister Narendra Modi will head two cabinet committees on investment & growth and employment & skill development.
PM Modi sets up two cabinet panels for investment and employment

Prime Minister Narendra Modi has set up two cabinet panels to spur investment and employment. 

The Cabinet Committee on Investment & Growth will have four other members — home minister Amit Shah, highways and MSME minister Nitin Gadkari, finance minister Nirmala Sitharaman and commerce & railways minister Piyush Goyal. 

The Cabinet Committee on Employment & Skill Development has 10 members and, apart from Shah, Sitharaman and Goyal, they include agriculture minister Narendra Singh Tomar, petroleum minister Dharmendra Pradhan and skill development minister Mahendra Nath Pandey. The other three members are labour minister Santosh Kumar Gangwar, housing and urban development minister Hardeep Singh Puri and HRD minister Ramesh Pokhriyal. 

The Periodic Labour Force Survey of the National Sample Survey Office released on Friday showed that the unemployment rate in the country was 5.3% in rural India and 7.8% in urban India, resulting in an overall unemployment rate of 6.1% during 2017-18. 

The unemployment rate was at a 45-year high, although the government said the numbers were not comparable with earlier periods because of a change in methodology. 

Read full story

Topics: C-Suite, #Jobs

Did you find this story helpful?

Author

QUICK POLL

As you plan to resume work from office, what is your biggest concern as a leader?

2 months free subscription
q_auto,f_auto/v1593523489/mag-july-2020.png

Subscribe to all new People Matters HR Magazine

.

Subscribe
And Save 59% plus Two months free

Subscribe now

How likely are you to recommend our content to a friend or colleague?

01
10
Selected Score :