Current Affairs - January, 2019

Latest Current Affairs January, 2019 with Current Affairs, news summary on current events of National and International importance of January, 2019 for Banking, SSC, CLAT, UPSC, State PCS, IBPS, Railways and other Competitive Examinations.

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State of Talent Acquisition 2019 Report: Key Facts

The State of Talent Acquisition Report by the Mercer-Mettl’s highlights the following important facts:

  • India Companies are expected to raise their hiring budgets by 34 per cent and volumes by 31 per cent in 2019.
  • Due to this increase in hiring the companies are expected to raise their hiring budgets by at least 34 per cent compared to 20 per cent of companies in 2018.
  • Technology will be a critical driver for achieving better outcomes, as well as for adapting to the growing changes in the job market and the hiring landscape.
  • The better outcomes are not just confined to recruiting an adequate number of professionals and retaining them but also managing their human capital efficiently.
  • The report notes that technology is employed extensively in sourcing (88 per cent) candidates, while it is used the least when-boarding (49 per cent), candidates.
  • The report cites that lack of budget (about 33 per cent) as the biggest obstacle to implementing technology in the talent acquisition process.
  • The respondents have cited that Human capital acquisition remained a critical issue in the country with employers indicating that ‘finding quality talent’ is a problem.
  • The human capital acquisition was cited as a critical issue by 84 per cent the in the Northern region of the country, followed by Southern Region (81 per cent), East (71 per cent) and West 58 per cent.
  • The Situation was comparatively better for larger organisations, as 67 per cent of respondents from the category said they face the least resistance in talent acquisition, although the challenge still persists in certain aspects of the process.
  • The report notes that finding talented employees for specific roles has become a major stumbling block for organisations even when they are ready to offer remunerations that are considerably higher than the market standards.

The State of Talent Acquisition Report was based on a survey of over 900 recruitment decision-makers including VPs, SVPs, EVPs, C-suite executives, directors, managers and HR executives from across the country.

Month: Categories: Reports & Indices

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National Salt Satyagraha Memorial

Prime Minister Narendra Modi inaugurated the National Salt Satyagraha Memorial at Dandi in Navsari district, Gujarat. The memorial is conceived as an experiential journey recreating the spirit and the energy of the 1930 Dandi March led by Mahatma Gandhi and 80 of his fellow Satyagrahis.

The memorial takes the visitors step by step through visualisation of events to aid them in understanding the methodology of Satyagraha, which finally led to India’s Independence from the British colonial rule.

The Memorial is the project of the Ministry of Culture, Government of India and is advised by a High-Level Dandi Memorial Committee (HLDMC) with IIT Bombay as a Design Coordination Agency.

Historical Background of the Salt Satyagraha

From the very beginning of British Rule in India, the salt tax was considered to be a good source of income. The beginning was made in the form of ‘land rent’ and ‘transit charges’, and in 1762, it was consolidated into duty.

As a result of the duty, India and in particular Bengal and its surrounding provinces were rendered dependent upon imported salt from Liverpool and elsewhere. The indigenous industry oppressed with the burden of extravagant charges was unable to compete with its English rival.

The salt tax/duties on the annual requirement of a family amounted at one time up to nearly two months’ wages of a labourer. The Indian National Congress from the very inception opposed the salt tax. Nationalist leaders such as Dadabhai Naoroji and GK Gokhale had particularly raised their voice against it.

Gandhiji had begun raising opposition to oppressive duties on common salt right from his student days in London. All these culminated in Gandhiji selecting Satyagraha against salt taxes as the key issue in 1930 while leading the civil disobedience movement for India’s freedom from the British colonial rule.

The Salt tax was chosen by Gandhi during the civil disobedience movement because it not only appeared to be basically unjust in themselves but also because it symbolised an unpopular, unrepresentative alien government.

Month: Categories: Art & CultureUPSC

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