Labour secy urges GCCs to seize job creation opportunity

Labour and employment secretary Vandana Gurnani urged the global capability centres (GCCs) to actively take part within the Employment Linked Incentive scheme of the federal government, saying it holds substantial potential for job creation and can profit each the employers and the staff.

“There are very substantive advantages obtainable, not simply to workers, however to employers,” she mentioned, expressing hope that the brand new scheme, which comes into impact from August 1, will take off in a giant approach and never meet the identical destiny because the PM Internship Scheme with respect to GCCs.

“From the employer perspective, it can cut back the marginal value of hiring,” Gurnani mentioned, talking on the GCC Enterprise Summit organised by the Confederation of Indian Trade (CII) on Monday.

Citing the success of comparable initiatives in Singapore, Malaysia, Australia, Germany and Turkiye, she mentioned they led to sustained employment in addition to wage improve.

Gurnani assured that the scheme design could be very easy and there’s no elaborate registration course of concerned.