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Tag: job hunting

  • Top 12 Best Internship Websites In India In 2023

    In today’s competitive job market, securing a job without prior experience can be a challenging task. Many companies require candidates to have some level of experience before considering them for the desired job profile. However, there is a solution for freshers looking to gain valuable job experience – internships. Embarking on an internship journey can provide the perfect launchpad for your career.

    Internships provide a valuable opportunity to gain real-world exposure, build skills, and kickstart a promising career that can significantly enhance your chances of landing a dream job in a reputable company. As a fresher, this opportunity allows you to gain practical experience, develop relevant skills, and build a strong professional network. With numerous internship options available, finding the right one in India can be overwhelming.

    To simplify your search, we have compiled a list of the best internship sites in India. These platforms can be invaluable in connecting you with the perfect internship opportunity to kickstart your career. Let’s explore these sites and discover the gateway to your future success.

    Best Internship Websites In India

    1. Internshala
    2. LinkedIn
    3. LetsIntern
    4. Wellfound
    5. Killer Launch
    6. Hello Intern
    7. Youth4Work
    8. GlassDoor
    9. Stumagz
    10. Oysterconnect
    11. IndianInternship
    12. Chegg Internships

    1. Internshala

    Company Name Internshala
    Founders Sarvesh Agrawal, Ankur Khator
    Founded 2010
    Services Offered Internship matching, online training
    Website www.internshala.com

    Internshala - best internship site in india
    Internshala Website

    Internshala is a widely recognized platform that connects students and graduates with internships in various industries. The website offers a user-friendly interface, making it easy to search for internships based on preferred locations, fields of interest, and duration. With a diverse range of opportunities from startups to established companies, Internshala is a go-to website for aspiring interns.

    Apart from internships, Internshala also helps you to select from a wide range of training programs, workshops and webinars at a very reasonable price. It includes programs like Digital Marketing, Web Development, Ethical Hacking, Python and so on. It has other sections like learning a new language, creative arts, data science, architecture and others.

    How To Get Hired On Internshala?

    2. LinkedIn

    Company Name LinkedIn
    Founders Reid Hoffman, Jean-Luc Vaillant, Konstantin Guericke, Eric Ly, Allen Blue
    Founded 2002
    Services Offered Professional networking, job search, and career development
    Website www.linkedin.com

    LinkedIn - internship website in india
    LinkedIn Website

    LinkedIn is one of the most professional job searching websites in India. It has partnered with many international companies too. It has better communication facilities that one can avail. LinkedIn helps its user to create a network and connect with peers. One can even access various activities going on around the professional world. It also has Linkedin Learning programs to help you gain skills.

    Compared to other websites in India, LinkedIn produces higher-quality candidates. Therefore, it has tough competition and one requires sharp skills to apply for any job via LinkedIn.

    3. LetsIntern

    Company Name LetsIntern
    Founders Rishabh Gupta and Pranay Swarup
    Founded 2010
    Services Offered Internship opportunities and career guidance
    Website www.letsintern.in

    LetsIntern - best internship sites
    LetsIntern

    LetsIntern provides exciting internships for the user with the minimum requirement and of course, a good stipend. The best part of it is that it provides internships in a few large organizations. Tencent Game, Myntra, The Indian Express, Emerson, Big Basket, Comic Con India, PVR Cinemas and other companies would be hiring interns under them.

    Even the organizations can also use it easily for hiring interns. The registration is done for both students and employers. The platform also provides career guidance, resume-building tools, and valuable insights to enhance the internship experience. Apart from all these, they also have their blogs directed out for everyone, where you can find various valuable tips.

    4. Wellfound

    Company Name Wellfound
    Founders Naval Ravikant and Babak Nivi
    Founded 2010
    Services Offered Startup jobs, investing, fundraising, etc.
    Website www.wellfound.com

    Wellfound - top internship platform in india
    Wellfound

    Wellfound earlier known as AngelList, is a prominent online platform, providing services for startups, investors, and job seekers in the entrepreneurial ecosystem. It serves as a comprehensive hub where startups can connect with potential investors, and investors can discover promising startup opportunities. The platform facilitates fundraising, job postings, and networking, creating a dynamic community that fosters innovation and growth. With a focus on bridging the gap between talented entrepreneurs and passionate investors, Wellfound plays a significant role in fueling the startup ecosystem and supporting the growth of innovative ventures worldwide.

    Wellfound, true to its claim, serves as the convergence point for the global startup community. Catering not only to students but also to numerous working professionals, the platform offers an extensive array of opportunities. Renowned organizations such as Patreon, Tinder, Twitch, Yelp, Gusto, and Medium are among the many partners that collaborate with Wellfound.

    In addition to connecting job seekers and startups, Wellfound introduces unique investing programs, enabling individuals to invest in startups during their early developmental stages. With a straightforward profile completion process, users can navigate the website with ease and flexibility, unlocking a world of potential and possibilities.

    WellFound: The ultimate platform for finding remote startup jobs

    5. Killer Launch

    Company Name KillerLaunch
    Founders Heena Vinayak, Sahil Kohli
    Founded 2019
    Services Offered Job search, internship, and career development resources
    Website www.killerlaunch.com

    KillerLaunch - top internship website in india
    KillerLaunch Website

    KillerLaunch is equipped with a few advanced search tools. With that users can search for internships according to their preferred location and industries. They aim at delivering the best internship opportunities for the users.

    If you are finding a startup job or an internship for yourself, then this could be a great choice among all. It has all genuinely certified as well as verifies startups stuffed for anyone browsing for the same. You can even communicate directly via the KillerLaunch messaging portals.

    6. Hello Intern

    Company Name Hello Intern
    Founders Snehal Nimje
    Founded 2006
    Services Offered Internship opportunities and career guidance
    Website www.hellointern.co

    Hello Intern Website
    Hello Intern Website

    Regarded as the global internship expert, Hello Intern also captured a lot of attention from the folks. It allows its users to browse for the best internship opportunities and apply to the companies of their choice. It has partnered with many startups, non-profits, and corporate companies.

    Hello Intern provide internships from companies like Zee Media, Titan, Vivo, Decathlon, Citrus and many others. you can choose internships in fields such as digital marketing, mobile app development, graphic designing, and so on. Apart from that, you can get access to online training programs and has work from home available.

    7. Youth4Work

    Company Name Youth4Work
    Founders Rachit Jain
    Founded 2012
    Services Offered Skill assessments, career guidance, and internship search
    Website www.youth4work.com

    Youth4work - best internship website in india
    Youth4work 

    Youth4work is an online platform that offers skill assessments, career guidance, and internship search services for students and young professionals. The platform helps individuals discover their strengths and areas of improvement through skill tests and assessments. It also provides personalized career counseling and recommendations based on the assessment results, assisting users in making informed career choices. Additionally, Youth4work offers a database of internship opportunities across various industries, connecting aspiring interns with potential employers. The platform aims to bridge the gap between education and employment, empowering the youth with valuable insights and resources to kickstart their careers.

    How to prepare for Skill Tests by using Youth4work’s Practice Test

    8. GlassDoor

    Company Name GlassDoor
    Founders Robert Hohman, Tim Besse, Rich Barton
    Founded 2007
    Services Offered Job search, company reviews, salary information, interview tips, and career development resources
    Website www.glassdoor.com

    Glassdoor - internship website india
    Glassdoor Website

    Glassdoor serves as a comprehensive resource for job seekers, offering various services to help individuals find jobs and make informed career decisions. The platform provides job search capabilities, where users can browse through a wide range of job openings from different companies and industries. Additionally, Glassdoor offers valuable company reviews and ratings written by current and former employees, giving job seekers insights into the work culture, salary information, and other aspects of various organizations.

    Glassdoor also provides salary information for different job roles, helping candidates assess their market value and negotiate better compensation. The platform offers interview tips and career development resources to assist users in preparing for job interviews and advancing their careers.

    Glassdoor is just a few clicks away from getting an opportunity for a good start in a career. The segmented interface allows you to get detailed information about any company you are looking for.

    9. Stumagz

    Company Name Stumagz
    Founders Sri Charan Lakkaraju and Frederick Devarampati
    Founded 2015
    Services Offered Internships, events, competitions, and campus news
    Website www.stumagz.com

    Stumagz - top internship website in india
    Stumagz Website

    Stumagz is an online platform that caters to college students, providing a comprehensive space for them to discover and engage with various opportunities and activities. The platform offers a range of services, including internship listings, information about campus events and competitions, college news updates, and networking opportunities for students. Stumagz aims to create a vibrant community for college students, connecting them with valuable resources and helping them make the most of their academic journey.

    10. Oysterconnect

    Company Name Oysterconnect
    Founders Rimy Oberoi
    Founded 2013
    Services Offered Virtual internships, skill development programs
    Website www.oysterconnect.com

    OysterConnect - best internship site
    OysterConnect Website

    OysterConnect is a platform that offers virtual internships and skill development programs. The platform connects college students and young professionals with virtual internship opportunities that allow them to gain practical work experience and enhance their skill sets. OysterConnect partners with various companies to provide meaningful projects and tasks for interns to work on remotely.

    Through its skill development programs, OysterConnect aims to empower individuals with relevant skills and knowledge to excel in their careers. The platform provides a diverse range of projects and learning resources in fields such as marketing, sales, analytics, and more.

    OysterConnect’s virtual internships and skill development programs offer a flexible and convenient way for students and young professionals to gain valuable experience, boost their resumes, and prepare for a successful career journey.

    11. IndianInternship

    Company Name IndianInternship
    Founders Unknown
    Founded Unknown
    Services Offered Internship opportunities and resources
    Website www.indianinternship.com

    IndianInternship - best internship site in india
    IndianInternship Website

    IndianInternship is an online platform that focuses on providing internship opportunities and resources for students and young professionals in India. The platform serves as a valuable resource for individuals seeking internships across various industries and domains.

    IndianInternship connects aspiring interns with a wide range of internship opportunities, enabling them to gain practical work experience and enhance their skills. The platform also offers resources and information to help students prepare for their internships and make the most of their learning experiences.

    Overall, IndianInternship serves as a valuable platform for students and young professionals, providing them with the necessary tools and opportunities to kickstart their careers and make informed decisions about their future paths.

    12. Chegg Internships

    Company Name Chegg
    Founders Carlson, Rashid, and Aayush Phumbhra
    Founded 2005
    Services Offered Online learning platform, internship, textbook rentals, homework help, tutoring
    Website www.internships.com

    Chegg Internships Website
    Chegg Website

    Chegg Internships is an online tutoring business enterprise and job posting website which allows employers to put entry-level job openings. The site approves applications from candidates. Chegg permits employers to supply and appoint certified candidates for several internships and jobs throughout the country. The website provides several sources on how to run a profitable internship program.

    Conclusion

    Doing an internship is the best opportunity to boost your skills and work experience as well as your resume. This enables your resume to get noticed by bigger companies before you start with your job. So, find the internship you were looking for from the above internship portals and apply without any further delay.

    FAQs

    What are internship websites?

    Internship websites are online platforms that connect students and young professionals with internship opportunities offered by various companies and organizations.

    What are the top internship websites in India?

    • Internshala
    • LinkedIn
    • LetsIntern
    • Wellfound
    • Killer Launch
    • Hello Intern
    • Youth4Work
    • GlassDoor
    • stuMagz
    • OysterConnect
    • Indian Internship

    How can I find internship in India?

    To find an internship in India, you can utilize online internship websites that connect students and young professionals with various internship opportunities across different industries. Additionally, you can directly approach companies, attend career fairs, or seek guidance from your college’s placement cell for internship openings.

    Are internship websites only for college students?

    No, internship websites cater to both college students and recent graduates.

    Is Internshala safe?

    Yes, Internshala is one of the best website for internships, but beware of fraudulent companies and fake job postings.

    Do internships give salary?

    The internship offers payment to students in the form of a stipend and not salary.

    Is it possible to get a job after an internship?

    Yes, it is possible to get a job after an internship as internships provide valuable work experience and networking opportunities, increasing the likelihood of being hired by the same company or making connections that lead to future job offers.

    Do these websites charge any fees for accessing internships?

    Most internship websites are free for users to access and explore internship listings. However, some websites may offer premium services or additional features for a fee.

  • Resume Giants Success Story- Creating Resumes that Stands Out

    Everybody realizes how time-consuming & tricky it is to draft a resume. To move past the ATS system, you must describe your skillset that’s intriguing to recruiters and suitably present your resume.

    Several job hunters use virtual resume designers to save effort & time. Because many websites that sell resume maker apps give free tests or minimal membership fees, using a designer is a key to creating a good resume & is:

    • Simpler than drafting it yourself.
    • Less expensive than hiring a typical resume writing provider.

    However, with so many resume maker portals to choose from, it can be hard to ascertain which one is worthwhile.

    In this article, we’ll be briefly discussing about Resume Giants. Without any further ado, let’s dive right in.

    About Resume Giants
    Resume Giants- Mission
    Resume Giants- Business Model
    Resume Giants- How Do They Earn Money?
    Resume Giants- Acquiring the First 100 Users
    Resume Giants- Challenges

    About Resume Giants

    Resume Giants is a cutting-edge expert profile and a self-branding company that creates tactical, well-written, and expert résumé, self-branding techniques, & interview guidance for grads, retired special forces, Government & executive experts looking for a leg up.

    It aims at ensuring that its users stand out, perfectly brand themselves, and are ready for their career path by incorporating an open mindset versus classic methods and status quo techniques.

    They offer world-class CVs, professional self-branding guidance, and interview mentoring to their clientele. They offer the finest detailed career assistance deals in the sector by bringing specialists, executive authors, and super-smart teammates. They are a client-focused company that prioritizes its clientele.

    Resume Giants- Mission

    Resume Giants mission is to offer incredible resume & marketing tools, as well as advisory services to their clients, irrespective of sector or profile. They aim to serve job hunters in locating their ideal jobs.

    Resume Giants- Business Model

    Their resume designer was created to make writing the finest resume as simple as possible.

    To make your hiring process more pleasant and simple, they’re continuously collecting in-depth details about the employment sector, information about fun and modern evolving professions, the most prevalent skillset, and current workplace trends.

    By providing specialized material, expert suggestions, and genuine, up-to-date cv samples that matter and boost your likelihood of landing your dream job.

    Resume Giants- How Do They Earn Money?

    Resume Giants doesn’t charge any fees for the first-year folks signing up. After that, they do charge a small amount for their services.

    It collects data on all registered jobseekers, such as one‘s resumes, contact details, profiles, & other relevant data. It then sells it to businesses that are in search of good candidates. This is also one of their sources of income.

    Resume Giants- Acquiring the First 100 Users

    To generate more traffic on their site, they initially used a generic tactic and focused solely on a single language and market. And they’re now tailoring it to a specific demographic. They are presently focusing solely on SEO and social media marketing.

    Resume Giants- Challenges

    There are times when there is less traffic on a website, lower bounce rates, or lower conversion rates. To change it and check what works and what does not there is something called AB testing which is done by Resume Giants. They assess and reject or optimize anything which doesn’t work or just doesn’t enhance the tool. They also record the progression using market information and previous encounter.

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    FAQs

    What is Resume Giants?

    Resume Giants is a free resume builder that creates resumes for any profession.

    How does Resume Giants make money?

    Resume Giants collects the data of job seekers and then sells it to companies that are in search of good candidates.

  • How does Naukri.com makes money | Naukri.com Business Model

    We Indians are well-familiar with this digital job portal company, Naukri.com! The very amazing job search platform, established by Sanjeev Bikhchandani in March 1997.

    Naukri.com is nothing new, the company was established long ago through its parent company, Info Edge. The founder- Mr. Bikhchandani is an Economics graduate from Delhi University, India.

    After a thorough study and knowledge of marketing and the corporate sector, he went to IIM Ahmedabad for his master’s graduation degree. Mr. Bikhchandani got the job at a lucrative management company, HMM but soon after working there, Mr. Bikhchandani left the company and went to start his own venture.

    They begin with offering the review of different company’s salary review reports. These reports were sold to various companies based on their requirements. And that’s where Naukri.com was founded!

    Today, Naukri.com is a completely digital recruitment portal that receives around 3,569,323 distinct visitors along with 28,554,744 page views every day. Naukri.com has a google ranking of 6th among the top 10 job portables companies in India. In this article, we will be briefly discussing the business model of Naukri.com. Let’s get started!

    About Naukri.com
    Where does Naukri.com operate?
    Key Features of Naukri.com
    Target Audience of Naukri.com
    Business Model of Naukri.com
    How does Naukri.com make money?

    About Naukri.com

    Naukri.com is counted among India’s top employment websites that generally operate in India as well as the Middle East. The company was founded by Sanjeev Bikhchandani when he founded Info Edge Ltd in 1995. Naukri.com is headquartered in Noida, India, and functions entirely through the internet. The company has officially over 49.5 million registered job seekers and around 15,000 resumes are added daily.

    Naukri.com offers great customer services that attract the customers the most. These services also come as paid ones. According to records, in the Fiscal year (2013-14), Naukri.com received over 51,000 corporate customers who opted for the paid services of this company. And, these customers were provided with the service of job postings, database access, listing, or advertising on various other sites. The company has over 100-5000 employees.

    Where does Naukri.com operate?

    One of the biggest Indian digital job portal companies, Naukri.com operates in over 56 offices across 42 cities in India as well as overseas. The company was founded in 1997 and is widely used in India and the Middle East.

    Key Features of Naukri.com

    The key features that come with Naukri.com for its registered customers include:

    • Custom Application Process
    • Company Branding
    • Automated Screening Process
    • Actual communication and notification to the employees
    • Employee referral automation
    • Integrated tracking

    Target Audience of Naukri.com

    Naukri.com has around 15,000 major clients. Its registered customers are categorized under job seekers and job providers. The company majorly focuses on people between the age of 25-35 years old. Those who need a good job and searching for it around. Naukri.com provides them an easy way to search for a job they prefer and get themselves ready for it.

    Business Model of Naukri.com

    Naukri.com follows two distinct forms of business model, that is Business-to-Business and Business-to-consumer model. These models are described below:

    Business-to-consumer model

    Through this business model, Naukri.com offers tons of services such as profile enhancement, resume writing, recruiter reach, and various other premium job openings.

    Business-to-Business Model

    Through this model, the company provides the RESDEX product which offers end-to-end recruitment services to numerous corporate companies including big and small. This service gives the vacancy listing, resume database excess, SMS marketing, and others; to the companies. A large portion of revenue is generated through the Business-to-Business model.

    How does Naukri.com make money?

    The job portal company, Naukri.com generates its revenue from pay-per-click advertising, email marketing, database sales, and many others. There are numerous ways this job portal company makes its money. Naukri.com provides a platform for job seekers where it allows them to connect with the job news and openings. The company works as an intermediate between the job seekers and providers and brings out the best deal. Some of the ways Naukri.com makes money are listed below.

    Advertising

    When a company has any job openings, they bring them to Naukri.com for a better selection of candidates. Naukri.com displays the company’s job openings on its homepage and gets a huge number of visitors. Naukri.com earns its money when a user clicks on the company’s news.

    Email Marketing

    The companies with the job openings contact Naukri.com to send out the job vacancy to the candidates through email. Companies give Naukri.com money for each email sent.

    Database Sales

    Naukri.com holds the information about all the registered candidates including their resume, contact details, profile, and others. Naukri.com sells this database to companies with job openings. Through this, they earn suitable money.

    Premium Content

    Naukri.com charges little amount of fees from the candidates as well as the recruiters registered on its website. Naukri.com often charges some money on certain premium services according to reputable and large companies.

    Conclusion

    Naukri.com originated from the Info Edge company which was founded in 1995. Its business model is based on B2B as well as B2C. And this brings out great results and revenue to the company. Naukri.com is widely famous across India and the Middle East. The company has a long way ahead with great profit in hand.

    FAQ

    Who is the founder of Naukri.com

    Sanjeev Bikhchandani is the founder of Naukri.com

    Who is the CEO of Naukri.com?

    Hitesh Oberoi is the current CEO of Naukri.com

    Who are the competitors of Naukri.com?

    Monster, Timesjobs, JobSitesIndia, Shine, and IIMJobs are some of the top competitors of Naukri.com.

  • Grappling With the Indian Problem of Unemployment

    Since India got independence, unemployment has been one of the biggest banes of India. Unlike many factors that affect the economy, the impact of unemployment on a nation is holistic.

    It is because unemployment not only affects one particular person and their family but will also impact the supply and demand of all forms of businesses, inflation, logistics, overall development, health, and whatnot. It is because of all these reasons that the Indian government, like any other economy, has put in a lot of effort to mitigate the issue of unemployment.

    However one needs to understand that unemployment can never be completely erased. There will always be at least a small proportion of unemployment prevalent in any kind of society and all that we can do is to ensure that this rate of unemployment is always below a certain point so that it does not adversely affect the economy.

    History of Employment
    Pandemic and Unemployment in India
    The Problem of Informal Sector
    Implications of Unemployment
    Types of Unemployment
    Causes of Unemployment
    Government Initiative to Control Unemployment
    FAQ

    History of Employment

    We have all know that employment has evolved as a significant part of human society. In the olden days, things were different. Human settlements were largely for security from external threats. This is because a group of food gatherers can protect themselves against wild animals rather than solitary ones.

    As society evolved to be more complex and wide, the nature of society also changed. From food gathering and hunting, it reached into agriculture. However, agriculture was only for subsistence for a large period. One can trace the expansion of agriculture to the later Vedic phase. From agriculture, employment expanded to trade, artworks, metallurgy, defense, administration, and so on.

    As kingdoms flourished, the job opportunities created by them also increased significantly. The fact that taxes were introduced was in itself indicative of the health and nature of employment in the respective kingdoms. In earlier times, a lot depended on employment. We have evidence from various instances of history where kingdoms collapsed when their tax revenue decreased due to unemployment and how the population withdrew to rural areas as employment opportunities became skewed in the city.

    Clear evidence of the presence of unemployment can be seen during the reign of Firuz Shah Tughlaq who reigned the Delhi Sultanate in the 14th century. It was the time when the Delhi Sultanate was on the verge of collapsing. However, the king made arrangements to take account of the unemployed people in the kingdom and tried to devise state policies to help them.

    An unforgettable blow to employment in the history of humanity was the Great Depression of 1929. Spreading across the USA and Europe it crippled the world economy. It resulted in large-scale unemployment, discrepancies in economic activities, demand, and large-scale shutdown of industries.

    It was a time when the world realized the extent to which things can go wrong in the face of depression. Rather than abetting employment, one must say that all economies have been trying their level best to avoid another economic depression.

    Pandemic and Unemployment in India

    Although not a surprise, the pandemic has aggravated the situation of unemployment in India significantly. The Indian economy continues to wriggle out of the hands of unemployment since March 2020 when all economic activities came to a standstill.

    According to the Centre for Monitoring Indian Economy (CMIE), the unemployment rate in India as of June 2021 stands at 12.8%. In March 2021 the unemployment rates were at 6.5% from where they rose to 8% by April 2021.

    To understand the graveness of the issue one must understand that the rate of unemployment in India during 2018 was only 6.1%. India’s economy was already slowing down before the pandemic and the worst came along with the lockdown.

    Youth unemployment rate in India
    Youth unemployment rate in India

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    The Problem of Informal Sector

    One of the main reasons for the booming rates of unemployment in India even without the pandemic was the large population that is dependent on the informal sector for employment.

    Apart from all sorts of uncertainties and disguised unemployment that is rampant here, the worst part is that there is no proper data regarding the number of people, the kind of job, and the implications of such jobs with the government.

    Even as the productivity of India grew over time the rate of employment generation was inadequate. This means that a very small population contributes to the growth of the Indian economy while more than 75 percent of the working population is confined to the informal sectors like agriculture, small enterprises, construction, etc.

    Implications of Unemployment

    Unemployment as we all know is a state where a person who is actively searching for a job with all necessary qualifications is still unable to get a proper job. It is an indicator of the health of an economy.

    As mentioned earlier unemployment will result in lower demand for goods and will lead to a decrease in purchasing power of citizens. These inadvertently affected the overall business and employment generation of the Indian economy. It further stresses the necessity of the government to be watchful of the rate of unemployment in their respective nations.

    Types of Unemployment

    There are different kinds of unemployment and each one of them is equally dangerous and requires the supervision of an independent organization to prevent the numbers from going out of hand. A few of them are mentioned below

    Disguised Unemployment

    This form of unemployment as the name suggests is in disguise and almost invisible to the eyes of the observer. Disguised unemployment refers to a situation where an excess number of people are employed for a particular task. In this case, they look employed but in fact, it is a form of unemployment.

    Technological Unemployment

    Technological unemployment refers to those forms of unemployment that are a result of technological advances that humanity achieves. According to certain surveys, job losses due to technological advances are increasing by 30% every year.

    Seasonal Unemployment

    It refers to those kinds of unemployment where the labourers are unemployed for a certain period of the year while they find work during the rest of the year.

    Vulnerable Unemployment

    A person is said to be under vulnerable unemployment when they have a job but they are appointed without any job contracts or securities. It is one of the most prevalent forms of unemployment in India.

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    Causes of Unemployment

    Various factors cause unemployment. Although a small amount of unemployment is inevitable, a large fraction of it can be avoided through careful planning and efficient implementation. Here are a few causes of unemployment in India.

    Lack of Skilled Population

    Due to the lackadaisical state of most of the educational institutions in India, there is a significant deficit in the number of skilled population for doing a particular job.

    Most of the companies share their experience where they have to additionally train the employees to make them understand and adjust to the job that they are supposed to do. India can mitigate this problem only if the quality of education right from school to higher education is improved.

    Large population

    The population in India is the second-largest in the world. And it is anticipated that in a few years they will surpass the population of China. The population is a boon to a nation. But in India, the problem is that this valuable resource is not properly used.

    We must not forget that India has the biggest working population in the world. And imagine the impact that India could have had over the world economy if it actually put enough effort to develop each individual in the best way possible. Since that is not happening, the large population continues to be a burden that worsens the situation of unemployment in India.

    Low Productivity

    India is an economy whose prime moving force in agriculture. Ideally, India was supposed to slowly switch from an agricultural economy to an industrial economy or a service sector economy. However, India is caught in a unique situation where more than half of the population is dependent on agriculture but with only a minuscule contribution to the economy.

    The lack of productivity in the agricultural sector and the unavailability of enough alternatives have also resulted in rampant unemployment especially in rural India.

    Improper Infrastructure

    Proper infrastructure and adequate investments in the manufacturing and service sectors are integral parts of generating employment in any nation. But things were grim for India in this regard and the situation had contributed its part in increasing unemployment in India.

    It is mainly because of the lack of proper infrastructure and investment that the growth of industries in secondary sectors especially is restricted.

    Regressive Social Norms

    Social norms that deter Women and marginalized groups from taking decisions regarding employment and access to education have kept a large part of the Indian population in the darkness of unemployment.

    Although a lot of changes are coming up in this regard, there is still a lot to be done to improve the situation of women and other marginalized communities in society.

    Garib Kalyan Rozgar Abhiyan | New Govt. Scheme to Provide Jobs
    Garib Kalyan Rozgar Abhiyan – A New Govt. Scheme To Provide Employment To Migrant Workers And Rural Area Workers In Their Own State
    StartupTalkyYash Taneja

    Government Initiative to Control Unemployment

    • TRYSEM – Training of Rural Youth for Self-Employment – 1979
    • IRDP – Integrated Rural Development Programme (IRDP) – 1980
    • RUDSETI — Rural Development And Self Employment Training Institute – 1982
    • MNREGA – Mahatma Gandhi National Rural Employment Guarantee Act – 2005
    • PMKVY – Pradhan Mantri Kaushal Vikas Yojana – 2005
    • National Skill Development Mission – 2014
    • Start-Up India Scheme – 2016
    • Stand Up India Scheme – 2016
    • PMGKY – Pradhan Mantri Garib Kalyan Yojana – 2016

    FAQ

    What is the cause of unemployment in India?

    The major causes of unemployment in India are Large population, low educational levels of the working population, Inadequate growth of infrastructure and low investments in the manufacturing sector.

    Which state in India has highest unemployment?

    With a 26.4% unemployment rate, Haryana has recorded the highest unemployment rate in the country, as per the data released by the Centre for Monitoring Indian Economy for February 2021.

    What is the unemployment rate in India?

    India’s unemployment rate sharply rose to 7.11 per cent in 2020 from 5.27 per cent in 2019.

  • The Covid-19 Pandemic Proved To Be Lucrative For These Industries

    The sudden outbreak of the Covid-19 pandemic has left no industries and sectors unscathed, worldwide. And many parts of the economy have taken a hit because of it.

    While the pandemic has created global economic uncertainty, it has also proved to be lucrative for some industries and created new markets and opportunities. In fact, some of them are seeing more business than they ever have. The world has changed, for now, and so has the needs and wants of consumers.

    How the Pandemic affected this industry in a good way.

    These are the companies that are thriving even in these unprecedented times.

    Online Training & Education Services

    The coronavirus pandemic has led to the shutting down of schools, colleges, and other educational institutions. This has given rise to online home-based learning, using digital platforms. This has led to the acceleration in the integration of information technology in education, where online education has become an integral component of school education.

    The increase in demand for the online training and education sector can lead to aggressive hiring. Even for those without any teaching qualifications, apart from tutoring, there are a plethora of jobs in this sector, like designing, communicating, software engineering, etc.

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    Home Goods

    While people are forced to stay in homes due to the inescapable lockdown, they are now spending more time and money on redecorating and refurnishing their houses. They want to decorate every corner that seemed imperfect to them earlier but couldn’t buy time to take care of it.

    Now that people spend every day, all day staring at their home, they are finally purchasing home decor products like potted plants, wall art, accent pillows among others.

    Agricultural Technologies

    The lockdown in various countries have severely diminished global production capacities and disrupted global supply chains. Food agencies over the world are planning to have the majority of the food produced locally by harnessing technology, increasing the amount of space dedicated to farming, and supporting local agriculture.

    Growth of AgriTech Startups in India
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    To scale up operations and meet the surge in demand for locally-produced crops, job opportunities in this sector are fast-growing. These jobs include horticulture technician, farm engineer (specializing in robotics and automation), an events executive for the marketing side of things, and the like.

    Pharmacies

    Health has become a priority more than ever. With deaths due to the coronavirus all around the corner, people are threatened and so they are prioritizing health issues above all. Pharmaceutical companies have added a surge of openings in the lockdown.

    Pharmacies

    Home Fitness Equipment

    Lockdown has enabled people to fulfill their long-forgotten or neglected fitness goals. While others want to maintain their form just like before the pandemic. But the closure of all gyms led them to boost the sales of home fitness equipment. As a result, many fitness enthusiasts and newbies are spending not just on yoga mats and small weights, they now want professional-quality home gym equipment, so their workouts don’t suffer during this quarantine.

    Courier Pick-Up and Delivery Services

    The delivery and pick-up industry is the most profitable in the coronavirus pandemic. Not only are people ordering food online, but they are also increasingly ordering essential groceries and other food items. Because of the fear of catching corona, people nowadays do not want to step out of their houses, especially in metropolitan cities. Hence, the delivery service is the need of the hour.

    There are so many relevant employment opportunities included in this industry apart from being a delivery driver. From data analysts to UX designers to account management staff, there are plenty of well-paying choices for qualified jobseekers within the industry.

    Delivery services of restaurant businesses

    Tech Support

    With physical call centers and operation centers closing down, companies are left with the need for agents to still take customer and technical support calls. Especially with the increase in remote work, more people than ever need support with setting up and pairing devices or troubleshooting errors.

    SkinCare

    Self-Care is trending nowadays. In response to the emotional stress of this time, many people are putting in a little extra effort with pampering themselves with skincare products. Many people also want to make sure they still look just as young and vibrant as they did entering this pandemic when they exit it. As a result, the skincare industry is on the rise.

    Teleworking Software

    Telecommunication has been on a steady incline for the last 5 years. As more states try to practice safety at home and maintain social distancing, companies have transitioned almost fully to remote work. In order to successfully enforce a work remote culture, employees need a broader reach through video conferences, online meetings, chat, and mobile collaboration services. This implies that telecommunication has been on a steep and sudden incline with teleworking software as the foundation for this new workplace model.

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    Augmented Reality Software

    The retailers who are surviving this pandemic must adapt, and for many, that means turning to augmented reality (or virtual reality) software. Due to social distancing, everything has drifted online. Furniture companies are now creating apps to allow customers see how a chair might look in their living room. Realtors are offering clients apps that allow for 3D tours of homes. And of course, bored individuals at home are buying VR equipment for entertainment purposes.

    Grocery Stores

    The shopping markets have quickly transformed from the inevitable errand people used to have on their to-do lists to the only outing allowed throughout the quarantine. This leads to an increase in the business of grocery stores.

    Supermarkets are also looking for support from stocking shelves all the way to managing supply chain logistics, handling public relations, and software development engineering.

    These Brands will Generate Massive Revenue During the Coronavirus Outbreak
    Coronavirus has now spread to more than 157 countries all over the world and hasbeen declared a pandemic. The number of coronavirus cases have crossed more than3 million globally. In India, more than 30,000 cases have been registered with1000+ fatalities. The coronavirus outbreak or COVID-19 [/ta…
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    In times of such great uncertainty, people’s routines and purchasing habits go out the window, which opens up the opportunity for businesses who can pivot operations and invest in new technologies to adapt to the changing climate. Now, more than ever, it’s important for companies to understand the environment we’re living in and adapt to it. These are the companies that will not only survive during the pandemic but also move ahead of their competition.