A Huge Attrition Phenomenon Of Working People Is Making The Companies Ponder Globally

Since 2020 the world is witnessing a great resignation phenomenon'. People are resigning throughout the globe in top corporates, IT companies, and even in smaller firms. Last year millions of working people resigned in their own volition. Covid pandemic is the biggest factor for such high attrition. Drastic changes introduced in companies all over the world due to pandemic is to blame for this. It was observed that the employees were unable to face prolonged emotional and mental stress in their workplaces.  However, the attrition is restricted to medium category and low wage workers and the sectors that have been most affected are transportation, hospitality, health, education, retail, etc. One example will suffice to understand the seriousness of the problem. It is recorded that 20 milli...

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Tamil Nadu To Achieve $1 Trillion Economy By 2030, Check Out How!

Tamil Nadu is on its way to touching the target of becoming a $1 trillion economy by 2030, the finance minister of the state, Palanivel Thiagarajan, said on January 13. He also said the state will also log in $100 billion exports by the same year. “Not only can we achieve the $1 trillion target very reasonably, we also have unlimited potential if we get some basic things right. We require nominal growth of 13 per cent for the next ten years to achieve this. If you take out the inflation of 5-6 per cent, 7-8 per cent real growth is easily achievable,” Thiagarajan said during a summit. The state has announced two policies -- Tamil Nadu Export Promotion Strategy and Tamil Nadu Fin-Tech Policy. It is being hoped that these new-fangled policies would play a vital role in achieving the vi...

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Check Out The India’s GDP Forecast For The Year 2022!

The International Monetary Fund (IMF) estimates that India's GDP will rise by 9.5 percent in 2021 and 8.5 percent in 2022, making it the world's fastest-growing economy in both years. Deepak Parekh, the chairman and CEO of HDFC, believes he is in a more optimistic frame of mind than in the previous 50 years. According to the International Monetary Fund, Covid's impact on growth in 2021 will not be a one-time occurrence but rather a continuing trend (IMF). On the other hand, the International Monetary Fund anticipates that India's economic expansion will continue at a rapid pace in the foreseeable future. As former Chief Economic Advisor, Shankar Acharya has earned a reputation for being one of the country's most doomsday economic forecasters. He mentioned that even though he is confide...

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Amit Shah: Our Decision May Be Wrong But Our Intentions Were Never Wrong

During the 94th Annual General Meeting of Federation of Indian Chambers of Commerce and Industries (FICCI) held on Friday this week i.e. 17th December 2021 Union Home Minister Amit Shah talked openly about the decisions of BJP government. Union Health Minister Amit Shah said on Friday that some decisions of the Prime Minister Narendra Modi-led government may be wrong, but our intentions were never wrong. He said that in the last seven years, no one has even been able to accuse the government of corruption, because our intentions have never been wrong. He further said that even those criticizing the government saw what kind of changes took place in the country in these past seven years. Amit Shah said that at the time of Corona pandemic too, the government implemented many schemes in order...

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