The purpose is to create a win-win situation for communities in which they operate and also address the problem of attrition in the business.
The scheme aims to provide Rs five lakh health cover to 100 million of India's poorest families, spurring off employment opportunities during its implementation.
Despite the stable unemployment level, decent work deficits remain widespread, vulnerable employment is on the rise and the pace of working poverty reduction is slowing.
This appreciable improvement in hiring sentiment comes on the back of the optimistic consumer-focussed sectors. These businesses foresee more disposable money in the hands of consumers —thanks to consumer confidence owing to increased income levels.
While teachers from higher education institutes opined that 64 per cent of their students were incompetent for employment , school teachers felt only 48 per cent were unemployable.