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Hit hard by the 5-year low GDP growth and a 45-year high unemployment rate of 6.1 per cent, the newly formed Modi government swung into action and on Wednesday, as it formed two new cabinet committees to check the declining trend in growth and employment and spur demand as well as consumption.
A five-member cabinet panel on investment and growth has members which include Union Home MInister Amit Shah, Highways Minister Nitin Gadkari, Commerce Minister Piyush Goyal and Finance Minister Nirmala Sitharaman.
The Government’s other panel which will look at the unemplyment issue — Cabinet Committee on Employment and Skill Developement — has 10 members. This committee apart from Shah, Sitharaman and Goyal has Minister of Agriculture Narendra Singh Tomar, Human Resource Development Minister Ramesh Pokhriyal ‘Nishank , Petroleum and Natural Gas Minister Dharmendra Pradhan, Minister of Skill and Entrepreneurship Mahendra Nath Pandey and ministers of state Santosh Kumar Gangwar (Labour) and Hardeep Singh Puri (Housing and Urban Affairs).
The stupendous success of the Modi government at the hustings with 303 Lok Sabha seats was marred by the news on the economic front. The New economic and job numbers set alarm bells ringing. Finance Secretary Subhash Chandra Garg has already said the slowdown of Q4 could persist in the Q1 of the currnent fiscal.
The numbers were unimpressive. The fourth quarter GDP growth (Jan-MArch) is at 5.8% , a 17-quarter low while the same day a government report of joblessness pegged it at the highest in 45 years. These macroeconomic figures released last month ï¿½ GDP growth, unemployment numbers and core sector data ï¿½ laid bare the enormous challenges the Modi 2.0 team faces in resurrecting the slackening economy and restoring the confidence of investors.
In March the IIP fell to 21-months low. The fourth-quarter GDP growth for 2018-19 came in at 5.8 per cent, way below 8 per cent recorded in the same quarter the previous fiscal, lower than the 6.6 per cent growth in Q3. For the entire fiscal 2018-19, the GDP growth came in at 6.8 per cent, lower than the 7.2 per cent growth recorded in the previous fiscal.
The Labour Ministry data revealed joblessness in the country was 6.1 per cent of total labour force during 2017-18, the highest in 45 years. Much to the discomfort of the government, this has confirmed the unemployment rate projected in a pre-election leaked report. Data from the Labour Ministry showed that 7.8 per cent of all employable urban youth were jobless, while the percentage for the rural segment was 5.3 per cent.
The core sector data, too, pointed towards a gloomy picture as contraction in crude oil, natural gas and fertiliser output pulled down the aggregate growth rate of eight core infrastructure industries in April to 2.6 per cent. This was much lower than the 4.7 per cent growth recorded in same month last fiscal. (IANS)
As the Omicron variant threat looms, Google is reconsidering its plans to ask full-time employees to return to offices by January 10. According to an email from Google VP Chris Rackow, seen by CNBC, Google will not be requiring its employees to return to offices on January 10 as expected after all. The company has changed its return to work plans several times as the pandemic evolved.
In August, when the delta variant was a top concern, Google had announced plans for hybrid return-to-work till January 10, 2022. Rackow said in the email that full-time employees will wait until the new year to assess when US offices can safely return to a "stable, long-term working environment. "None of the US locations will adopt the hybrid working mandate on January 10 as planned," he added. Rackow said that Google will allow specific locations to decide their timelines for returning their respective local workforces to the office.
Apple is reportedly asking employees to return to offices starting February 1 as part of a hybrid work pilot who will be able to work remotely for four weeks a year. After the first US case of the Omicron Covid-19 variant was reported in California, the federal government was set to announce a bunch of measures to help counter the virus, including campaigns to increase vaccinations and booster shots, additional testing requirements for travellers entering the country from abroad and plans to make rapid at-home coronavirus testing free for more people. International travellers coming to the US will have to test within a day of departure, regardless of vaccination status, rather than the 72 hours currently required for vaccinated travellers, under new protocols early next week. The new testing rules will apply both to US citizens and foreign nationals entering the country. (IANS/ MBI)
(Keywords: Office, Google, Omicron variant, apple, january, employees)
Winter weather is harsh on the skin and one needs more than just moisturising to see you through the season. Skin ageing is natural, but you can make it graceful! Kama Ayurveda's newly launched Amarrupa Face Oil accelerates the production of skin collagen and increases the skin's elasticity. It should be applied on the face and specific concerning areas like the neck, crow's feet, and the under-eye.
The Amarrupa Wrinkle Repair & Firming Face Oil is specially formulated for mature skin, enriched with antioxidants and natural actives that nourish and repair skin. The Face Oil is a true multi-tasker since it not only moisturises and firms skin but also reduces signs of ageing like wrinkles and the development of crow's feet. The best part? This highly potent formulation is clinically tested to reduce under-eye dark circles by 31 percent. Clinical trials reveal consistent use results in 15 per cent firmer skin, 36 per cent smoother skin, 31 per cent reduction in under eye dark circles.
Enriched with ingredients that promote collagen synthesis to reduce fine lines and wrinkles it intensely nourishes the skin. | Photo by Soroush Karimi on Unsplash
Ingredients include Centella Asiatica, an anti-inflammatory and anti-ageing herb that stimulates the skin's own collagen production and also repairs skin damage. Indian Gooseberry and Citron Fruit are a powerhouse of Vitamin C that not only improves the complexion but also enhances and nurtures the skin. Oleic Acid, an Omega-9 fatty acid that replenishes lost moisture without clogging pores. Natural actives such as Arjuna Extracts strengthen the skin barrier, reduce dryness, and protects the skin from external aggravators. Carrot Seed Oil plumps skin, reducing the appearance of wrinkles and fine lines, giving an even skin tone.
It firms lose, wrinkled skin improving skin texture, locking in hydration and defends skin against pollution and cold weather through its natural actives. Enriched with ingredients that promote collagen synthesis to reduce fine lines and wrinkles it intensely nourishes the skin.
*Based on clinical trials conducted over 28 days
*Based on a 4-week clinical study conducted on men and women between 36-55 years with loose skin, pigmentary spots, crow's feet, wrinkles, uneven skin tone and visible under-eye puffiness. (IANS/ MBI)
(Keywords: Firming Face Oil , Wrinkle Repair, Amarrupa Face Oil , Kama Ayurveda, skin , Winter, Youthful, Skin, Firming Oil )
By N. Lothungbeni Humtsoe
Life was moving at a fast pace for most of us and then the pandemic hit. The pace definitely slowed down and gave us an opportunity to look back at our lifestyle, routine and our most cherished old memories. 'Looking back' through your old photos on a phone versus flipping through a glossy photo album and reliving each memory? Getting teary eyed at some, and straight up howling with laughter at some others.
Today, advancement in technologies has opened up an ocean of possibilities. So how does one hold on these closest moments and memories in a thoroughly tangible way? Sachin Kataria, CEO, Zoomin shares all the minute details to make festive season personal.
Moving from gifts to personal stories: Gifts are no longer just confined to material items of a certain 'price tag'. Gifting someone is now seen as a chance to create a unique experience and splash of emotions that the receiver can enjoy for years to come. It's a fact that preserving memories is now a lot easier with delivery partners that can convert digital memories into actual personalised frames, albums and a host of memorabilia. And this makes it so much easier and quicker for you to hold meaningful memories close to your heart.
Gifts are no longer just confined to material items of a certain 'price tag'. | Photo by freestocks on Unsplash
Reframing moments of joy: It isn't always possible to create a photo album or a photo frame of all your special moments or even gift them all the time. This is where new age personalized gifting platforms are a boon. It is now possible to add a touch of personalization to any gift item making it that much more special and meaningful for both the giver and the receiver. One can choose from functional items such as coffee mugs or calendars to more stylized gifts like Canvas Prints and Photo décor and add a favorite memory to make the gift item personal and more valuable.
It isn't always possible to create a photo album or a photo frame of all your special moments or even gift them all the time. | Photo by Rirri on Unsplash
Festive season Fun: Why just adorn your house with lights and flowers? Add a touch of 'YOU' to plain walls and table tops and make them more intimate during special occasions. Some simple Photoprints and colorful, wall-safe washi tapes or magnetic ropes can add a touch of style without leaving any pin marks.
Why just adorn your house with lights and flowers? | Photo by Raj Rana on Unsplash
New-age apps offer products that are both affordable and of excellent quality - could there be a better deal than this? With the 2022 calendar and planner season around the corner, one can experiment and customize some cool calendars for friends, family, colleagues, business contacts etc. These will last on someone's wall (or table) for a few years. What's more, your gift will be more than just another product... it will be a canvas upon which a beautiful story unfolds! (IANS/ MBI)
(Keywords: flowers, photo album, personal, festive season, life, pandemic)