Expectations are high. Ola claims it can generate 2 million jobs in India soon

The think tank inside Ola, Ola Mobility believes soon it can generate 2 million jobs in India. The bike taxi concept is quite new in India. But still, Ola thinks the way to create these many jobs is through bike taxis. It believes bike taxis will be very popular in the market.

According to a report named “The power of two wheels”- Bike Taxis: India’s Shared Mobility Frontier, it is stated that the bike taxis impact will be huge in the country. It can be the future of urban transport in India, which in turn leads to job creation.

The major factor for the bike taxis is that it minimizes traffic congestion. The people in the country consider time as money and time saving is the priority for almost everyone. Along with the time-saving benefit, bike taxis are also cheaper. These two main factors will lead to increased popularity and immense job creation in the country, according to OLA.

These bike taxis will also increase mobility in rural areas as well. It creates employment opportunities for all sections of society.

The stats say that the two-wheelers are the largest sold privately owned vehicles in the country. The Economic Survey of India 18-19 report has said that the country needs to create around 55-50 lakh jobs annually for the next decade. These values are done by keeping the labor force participation at 60 percent. Some of the other stats from the report are that 50-60% bike taxis are booked during the peak periods of the day, which is 8 am-12 pm to 4 pm-8 pm.

Along with Ola, UberMOTO(Uber’s bike taxi) has stated that it completed 2 million trips in India since its launch. According to a report, UberMOTO is booked every 18 seconds in Hyderabad.

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UPSC Notification for recruitment of 85 vacancies. Full details below

UPSC has released notifications for various positions like Assistant Engineer, Deputy Director, etc. For the candidates who are eligible, a certificate is necessary for UPSC job consideration.

Job details:
Total number of jobs: 85
Last date of submission: April 2, 2020
Official URL: https://www.upsc.gov.in/recruitment/recruitment-advertisement
City: New Delhi
State: New Delhi
Organization: UPSC
Educational Qualification: Graduation, Other qualifications, Post Graduation

Vacancies: 85
Chief Design Engineer: 01
Deputy Superintendent: 02
Assistant Engineer: 63
Assistant Veterinary Officer: 01
Assistant Director: 13 posts
Assistant Employment Officer: 02
Deputy Director: 03

Educational Qualification:
Chief Design Engineer: A Degree in Mechanical Engineering from a recognized university. Age Limit: 50 years

DS: Graduate in Chemistry plus 3 years in Analytical Instruments or Methods of Analysis or Masters in Chemistry in a similar stream. Age Limit: 50 years.

Assistant Engineer: Master’s Degree in Science/Physics/Electronics from a recognized university. Age Limit: 50 years

Assistant Veterinary Officer: A degree in Bachelor of Veterinary Science and Animal Husbandry from a recognized University or an equivalent one according to the Veterinary Council of India (minimum standards of Veterinary Education degree Bachelor of Veterinary Science and Animal Husbandry) Regulations, 1993. Three years of experience in handling and treatment of wild animals and birds in captivity. Age Limit: 35 years.

Assistant Director (Official Language): Master degree of a recognized University in Hindi with English as a compulsory or elective subject or as the medium of examination at the degree level. Age Limit: 35 years.

AEO: Post Graduate with a Master’s Degree in Social Welfare or Labour Welfare or Social Work or Sociology or Economics or Statistics or Psychology or Commerce or Education of a recognized university or equivalent. Age Limit: 30 years.

Deputy Director: Post Graduate with Master’s degree or equivalent Post Graduate Diploma in any of these subjects (History/Sociology/Economics/Political Science/Public Administration/Geography/Law) from a recognized University or equivalent. Age limit: 43 years.

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A new online test for government jobs to overcome the cheating problem

The government is considering adding a new common entrance test(CET) for all the recruitment of government jobs. This test will be added with anti-cheating tools which will improve the encryption and increase the jumbling of the questions. This is to rule out copying from the candidates.

Jitendra Singh, Minister of State has stated that this new system will cheat the cheater. He also said that the candidates will not benefit from climbing walls and windows. This was said as a reaction to a viral photograph from Bihar which shows few men climbing on to the sunshade and passing the exam answer chits into the classroom.

Mr. C. Chandramouli, the Secretary Personnel has stated that the algorithm will make sure that each candidate will not get the same questions in the same order, also the security will be very high and will be against copying, cheating of any kind.

This common eligibility test is proposed by the National Recruitment Agency(NRA). NRA is the universal body which was suggested for conducting entry-level recruitment exams for Group B and C posts which are currently being handled by recruiting agencies like Staff Selection Commission, Railway Recruitment Board, and Banking Personnel Selection

The score from this exam will be valid for 3 years. Conducting the exams by a single agency will reduce costs, inconvenience, and time taken for the recruitment process for non-gazetted jobs. The new exam will come into effect from the 2021 batch of candidates and the whole process will take only 3 months. Currently, this timeline is 12-18 months.

The total number of candidates who currently undertake exam across various recruitment agencies are around 2.5 crores to fill around 1.25 lakhs of government jobs

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Field Engineer and Supervisor posts vacant in Bihar Grid company. Check out how to apply

Bihar Grid company has released a notification to fill 20 vacant posts belonging to Field Engineer and Supervisor positions. The last date to apply is April 15.

Job Details:
Total Positions: 20(Field Engineer:15, Supervisor:05)
Last Date: April 15
Website Link: https://bihargrid.co.in/

Educational Qualification:
Field Engineer: The candidate should be a graduate with 3 years of experience with age ranging from 18 to 35 as of March 31, 2020
Field Supervisor: The candidate should be a diploma holder with 3 years of experience with age ranging from 18 to 35 as of March 31, 2020

How to apply: The eligible candidate can apply before April 15 from the official website in the prescribed format. The address to which the candidates can send their resume is Bihar Grid Company Limited, 2nd Floor, Alankar Place, Boring Road, Patna-800001 Bihar.

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Breaking! India cancels all Visas until April 15

With the UN recognizing Corona outbreak as a pandemic, India cancels all of the visas of the foreigners till April 15. The existing foreigners will not be affected due to this. This rule will also exempt diplomats from other countries and also UN officials.

The Ministry of Home Affairs has said that all the visas being issued to any nationals will be suspended till April 15. The existing foreigners will need to contact the Foreigners Regional Registration Office(FRRO) or Foreigners Registration Office(FRO) through the e-FRRO module to extend the stay in the country or convert the visa.

This new rule will come into effect from 00:00 March 13. The Bureau of Immigration(BOI) has said that any foreign national who wants to travel to India with compelling reasons must contact the nearest Indian mission for visas. It also said that the Indian citizens arriving from various countries like China, Italy, Korea, Itan, France, Germany will be quarantined for 14 days before they are allowed to have any human contact. Also, International traffic through land borders will be screened with robust medical facilities.

The Ministry of Health and Family Welfare has advised the Indian citizens residing in other countries to not travel to India unless its an emergency. Even if they travel they will be quarantined for 14 days.

On Wednesday, the WHO has confirmed the Corona outbreak as a pandemic. WHO has been assessing the situation across the world. “The spread of this virus is very alarming”, WHO said in its latest statement.

Over 100 countries are affected by this outbreak of the virus. It has impacted over 124,000 lives resulting in 4500 deaths. In India, over 60 people are tested positive to the Coronavirus. China is the country that is most affected by this virus with 80,000 confirmed cases and 3000 deaths in total.

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The new IT hub of India: Himachal

The beautiful state of Himachal is famous for its scenery, mountains, and hospitality. It also has good connectivity between different north Indian states and cities. With all this, the tourism rate is high in Himachal. Now, not only just tourism but Himachal is soon going to be an IT hub of the country.

The availability of several educational institutions and upcoming web-based startups is the main cause for Himachal to transform into an IT hub.

The situation is very different 10 years ago. The private sector IT jobs were very rare in the region at that time. With no availability of good institutions, the youth of the region had to migrate to various other cities of the country. This led to the development of the respective cities. Even for higher education, the students had to move out of Himachal to attain quality education. They moved to cities like Delhi, Chandigarh, and Bangalore.

Many cities in the state have good IT startups and educational institutions. Some of them are Mandi, Shimla, Dharmashala, Solan

The current situation around Himachal is that the nearby cities like Punjab, Haryana, and Uttarakhand have attained new IT companies. This led to an increase in IT in Himachal as well. There are several jobs available in the region as full-time, part-time, or freelancing. This changed the situation of the graduates from the region to go to the other states for employment.

Many well-recognized universities have been started in the region, which is another reason for the increase in job opportunities. Some of the cities in the Himachal state like Mandi, Shimla, Solan, Dharmashala are being recognized as educational hubs of the state.

Coming to the jobs, Shimla became very famous for its web design startups like Netgen IT solutions. These startups are also looking for candidates to fill several vacant positions. It has been 5 years since Netgen started in the Himachal. Along with job opportunities, Netgen also offers training related to IT jobs like graphic designers, content creators, app developers.

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Increase in the visa fee for the UK. Indian students and professionals are directly impacted.

As part of the UK budget, India-origin Finance Minister of UK Mr.Rishi Sunak is planning to increase the overall cost of visas by increasing the health fee charged on the migrants from countries like India, China, etc. The price is going to increase from 400 pounds to 624 pounds.

The 39-year-old Chancellor of Exchequer said that migrants benefit from their National Health Service(NHS) and they all want them to. But they should also contribute to this, as they receive the benefits. This is the main reason for the increase in the visa fee.

The surcharge which is currently being charged is not enough as he feels the benefits are high from the NHS for the migrants. The new price will be discounted for children.

Earlier, in December 2019 this new change was expected under the Boris-Johnson led government. But this time, it is going to come into effect. According to new rules, for children under age 18, the price is 425 pounds. From 300 pounds to 470 pounds the lower rate for international students is also going to increase.

This new rule will come into effect on anyone who has Work, study, or family visas for longer than 6 months. This is to raise additional funds for the NHS. BAPIO(The British Association of Physicians of Indian Origin), is asking the UK Home Office to reconsider the newly made decision. They believe that this will have a bad impact on the recruitment of healthcare professionals from India.

Baronas Usha Prashar, Chairman of the UK Council of Federation of Indian Chambers of Commerce and Industry(FICCI) said that The increased price on the visa fee is a burden for overseas skilled workers as well as Indian businesses running in the UK.

Among the other items in the budget, the investments in R&D has been increased to 22million pounds. There was also an announcement of 130 million pounds for extending the startup loans. This will give a huge boost to innovate and encourage more entrepreneurs.

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One more! Flipkart is the latest company to offer work from home to its employees in Karnataka.

As coronavirus seems to impact the country a lot, Flipkart becomes the latest company to offer work from home to its employees to prevent the scarce. The employees are asked to work from home from Wednesday, especially the young parents who have children studying in fifth grade or below.

Flipkart also said that they are testing the load of the system if it can handle the traffic to enable uninterrupted remote work from home.

The Karnataka health department on Wednesday has advised all the companies to not send its employees overseas until this Corona scare comes to a conclusion. As of now, 4 people, out of which two belong to Dell Technologies Ltd and Mindtree Ltd. have tested positive for the COVID-19. Till now, a 76-year-old person from Kalaburagi in the Karnataka state has died. The government is conducting several tests to confirm its due to corona. If the tests show positive, this would be the first fatality in the country due to COVID-19.

Several other companies are also advising its employees to work from home and prevent the employees to travel outside of the country. Last week, Paytm has announced that all of its six companies will be closed for sanitizing purposes and has issued a two day leave for all the employees in the Gurgaon region after an employee tested positive.

Ed-tech startup Byju’s has said that it will give free access to its learning resources to all the students until April end. This announcement comes after the government advised all the schools to remain closed until the situation goes under control and protects students’ health.

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Crisis over? Reserve Bank finalized the revival plan for Yes Bank. Find the details here

Yes Bank revival plan is finalized by the Reserve Bank of India. According to this plan, not only just capital but also funding lines will be finalized. This is to ensure that no liquidity issues should arise on raising the moratorium.

As part of this plan, the RBI will announce the details with SBI and other banks involving in the Yes bank. The banks will infuse Rs.20,000 crore into the Yes bank, within the 48 hours of this announcement. On the third day, the public sector banks are going to invest Rs.30,000 crores into the certificates of deposits of the bank. After this, the moratorium will be lifted on the 4th day.

Along with SBI, HDFC Bank, ICICI Bank, Kotak Bank are also planning to invest in the Yes Bank. Once all these banks agreed to invest, the RBI has finalized the revival plan for the Yes Bank. With this investment, the creditworthiness of the bank is going to increase which in turn will make easier for the other banks to lend.

After investing Rs.20,000 crore in the Yes Bank, the banks are going to receive a 75% share in the equity. This will lead to the reduction of the share of the existing shareholders to 25%.

On Wednesday, the share of Yes Bank is going at Rs.28 in the BSE, which is 28% above its recent close. In the current scenario, Yes Bank is valued at Rs.5,600 crore which is twice the amount announced by RBI as part of its revival plan.

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MBA result for Osmania University is announced. Check out now

Osmania University is located in Hyderabad, Telangana. The university offers several graduate and postgraduate programs across various departments like Arts, Social Science, Commerce, Law, and Engineering & Technology.

On the official website of the university, the MBA results for 2020 were announced by Osmania University. The results were declared on March 10. The candidates who participated in the exam in February/ March can visit the official site for the results.

The candidates need to enter the hall ticket number in order to download the semester result.

Steps to get the result:
1. Open the website – www.osmania.ac.in
2. Click on the results in the homepage
3. Click on MBA results 2020.
4. Enter the 12 digit hall ticket number
5. Take the printout if needed.

Along with this MBA result, the university has announced results for M.Sc Semester 1,2,3,4(Backlog) and Semester 1,3(Regular) students.

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