Unbelievable But True

1. That Mukesh Ambani Chairman of Reliance Industries has kept his annual salary capped at Rs.15 crore for the 6th year in the row
2. That with Rs.18.7 crore salary, TCS CEO is highest cost IT executive in India
3. That only 40% of Indian women between the age of 25 and 54 work outside their homes, compared with almost 90% in china, is a third.
4. That India only has 3 lakhs apprentices, while Germany has 3 million, Japan 10 million and china 20 million.

1. He is Promoter. Salary is secondary for him.
2. Wrong - New CEO of Infosys is highest paid in India.
3. Our culture. Men don't want their spouse to work but manage the house.
4. No comment.
Pon

Dear Mr. Pon
This is not my own idea. Matter published in Times of India and Labour law reporter for the month of July 2014.
Thanks for your comment
regards
Abubakkar

This is mainly due to:
Rigid laws in India where apprentice is narrowly defined. The number of apprentices that a factory can take also calculated as per rigid norms.
Only those who are taken through the apprenticeship councils are treated as apprentices. Others are treated as "trainees" and not counted for apprentices.
India has very low manufacturing base compared to these other countries.
Most employers are unwilling to take on apprentices as they are considered as a burden.
More opportunities for training of young students and liberalisation of the apprentice act is need of the hour.
Regards,
Raju

Raju,
Wait for the proposed amendments in Apprentices Act 1961.
Varghese Mathew