Category: Skills
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The Impact of AI on the Retail Sector
The recent job cuts at Reliance Industries highlight the transformative changes occurring within the global economy as companies adapt to digital advancements. While AI significantly contributes to job reductions, it also opens up new avenues for productivity and innovation. Understanding and managing this transition is crucial for the workforce, employers,…
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AI and the Job Market of 2030
As we sail into the future, one of the most transformative forces on the horizon is Artificial Intelligence (AI). According to a recent report by McKinsey, AI is poised to substantially impact the job market by 2030, reshaping industries and redefining roles. But beyond the disruption lies an exciting realm…
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Time to have Centre for Excellence for Indian MSMEs
Introduction: Micro, Small, and Medium Enterprises (MSMEs) are the backbone of the Indian economy, contributing significantly to employment generation and economic growth. However, these enterprises often face challenges such as limited access to finance, technology adoption, market access, and skill development. The existing dispensation like MSME-DI DICs failed to address…
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A long way to go to have Right Public Policy for MSMES in India
Introduction: Micro, Small, and Medium Enterprises (MSMEs) have always been an integral part of the Indian economy, contributing significantly to GDP, employment generation, and manufacturing output. Over the years, public policy towards MSMEs has evolved to address their unique needs and challenges. This article critically analyzes the evolution of public…
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Dynamics of the Evolving Global Economy 2024
Introduction: The global economy is undergoing profound transformations across various fronts, driven by shifts in trade, advancements in technology, political developments, and environmental challenges. Understanding the implications of these changes is crucial for adapting to the new landscape and fostering sustainable economic growth. Trade: Adaptation in an Evolving Market Landscape…
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Collaboration and Contextual Solutions: Addressing Gender Inclusivity and Exploitation in the Retail Industry
The article focuses on the importance of collaboration between retail workers, brands, and manufacturers to ensure gender inclusivity and prevent exploitation in the workplace. It highlights the need for a contextual approach that takes into account the societal factors in India while developing codes of conduct and implementing training programs.…
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Empowering Women in the Logistics Industry: A Case Study on Gender Inclusivity in the UK
Introduction: Gender inclusivity and diversity have become crucial goals for businesses worldwide, aiming to create a more equitable and balanced workplace environment. While challenges persist in various industries, today we will focus on the logistics sector. Historically male-dominated, the logistics industry is undergoing a transformation, recognizing the need to empower…
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The importance of reskilling and adapting to automation
Automation is transforming the world of work, creating new opportunities and challenges for workers, employers, and society. According to a recent report by McKinsey Global Institute, as many as 375 million workers may need to switch occupational categories by 2030 due to the impact of automation and digitization¹. This means…
"Connecting communities, empowering nations: Unifying the Regional and Global Economy ." 