A top official of the Financial Planning Standards Board (FPSB) India said on Wednesday that India is facing the issue of unemployability in the financial services sector because there were no takers of nearly 18 lakhs jobs last year.
GIFT City in Gandhinagar, which employs nearly 6,000 people in the financial services sector, will generate nearly 1.5 lakh jobs in this sector in the next five years, FPSB India CEO Krishan Mishra said.
"Last year, as per the data provided by the National Career Services portal of the central government, India created 46.86 lakh jobs in financial services. Of those, only 27.5 lakh jobs were filled. It shows that there were no takers for 18 lakh jobs. This is because of unemployability. Jobs are there, but people are not capable enough to take them up," said Mishra.
This story is from the July 18, 2024 edition of Ahmedabad Mirror.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the July 18, 2024 edition of Ahmedabad Mirror.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
‘Don't feel let down by NASA, Boeing’
We're here with our friends, we've got a ride home: Sunita and Butch live from ISS
India jumps to Tier 1 in Global Cybersecurity Index 2024
India has jumped to Tier 1 in the Global Cybersecurity Index (GCI) 2024, released by International Telecommunication Union (ITU), when it comes to role-modelling as part of the country's cybersecurity commitments and resulting impacts.
Monitoring ageing of bridges in real-time!
IIT Mandi develops method for monitoring bridges real-time using traffic data
'I was a snob'
Adam Goldberg reveals he had initially turned down role in Friends
Fatima tapped to play Yuvi's love interest
Sources say actress approached for biopic on the cricketer; male lead yet to be finalised
Sona on the modern woman & cooking
No pressure on women in today's time, says actress on cooking after marriage
POST-COVID CHRONIC COUGH MAY SIGNAL HEART AILMENT
Study says, people suffering from common laryngopharyngeal dysfunction may be at significant risk of developing a heart attack or stroke
Russia expels 6 British diplomats
Accuses them of spying; UK calls it 'completely baseless'
Putin warns West against direct involvement in the Russia-Ukraine conflict
Ukraine has been pleading with Western allies to let it use their missiles to strike deep in Russia
N Korea publicly discloses uranium facility for 1st time
Kim, who visited the facility, stresses the need to further augment number of centrifuges in order to exponentially increase number of nuclear weapons
