Four days work, three days off in Tamil Nadu

Four days work, three days off in Tamil Nadu

The Tamil Nadu government has amended the Factory Act by passing a resolution in the Legislative Assembly that the workers will be able to work for 12 hours instead of 8 hours. The Industries Minister of Tamil Nadu has said that now workers can benefit from the concept of four days work and three days off in a week by working ten hours a day. Because of this, there will be no difference in the total working hours in a week. A similar bill has been passed by the Bommai government of Karnataka as it wanted to do a deal with the Foxconn company.

Don't sleep..

Elon Musk sleeps on the office waiting room sofa. Twitter boss Elon Musk, who is in the list of the world's top billionaire husbands, recently said that I have so much work that I sleep on the sofa in Twitter's office. Stretching my legs out on the visitor sofa outside Twitter's office, I pull three or four hours of wheat. I have kept a big sheet in the office and go to sleep. Some said that if this billionaire was talking, instead of giving much response, Musk even circulated a photo of him sleeping with half a sheet.

A Taiwanese footwear company in Tamil Nadu

Taiwanese footwear company Pou Chen, which makes boots for global brands like Nike, Adidas, New Balance and Timberland, will now set up a new manufacturing unit in Tamil Nadu with an investment of 23 billion. Pou Chen has shipped 272 million boots worldwide in fiscal year 2022. The company has plants in Bangladesh, Myanmar and Vietnam.

Birla's eldest daughter's independent business

Kumar Mangalam Birla's elder daughter Ananya Birla has left the traditional business path and adopted a path of her own choice. Instead of saying that his father, who ranks ninth among India's richest men and owns India's largest business Birla Group, identifies himself as a singer and entrepreneur. Ananya's company name is Swatantra Micro Finance. She is the founder of CuroCart, a luxury goods e-commerce platform. He has a wealth of 13 billion dollars.

Foxconn will invest more

Foxconn, the maker and assembler of Apple's iPhone, is reportedly set to set up two more units in Chennai. Apple is also considering setting up a research and development center near Whitefield, Bangalore. Foxconn, the world's largest supplier of Apple products, continues to invest in India. Foxconn employees once rioted against fewer facilities and today are working overtime.

UP... 1 Trillion Economy

Uttar Pradesh Chief Minister Yogi Adityanath has instructed his officials to prepare an action plan to make our state a trillion economy state in the next four years. 10 sectors will be covered with this plan which mainly includes social security, industry, tourism, revenue collection etc. Recently, an investment offer of 35 lakh crores was made during the Global Summit.

Success in startup sector

Defense Minister Rajnath Singh said that the main reason behind the success in the startup sector is that the young people involved in innovation are benefiting from it. In the last few years, the number of start-ups has increased and around 100 companies have become unicorns (100 million dollar valuation). Rajnath Singh said in the 16th convocation at the Deemed University of Rajasthan that the government wants to make the freshers safe, strong and self-reliant.

Attempts to lift Sri Lanka out of debt

India and Japan were to make a joint effort to try to lift Sri Lanka out from under the mountain of debt. It is joined by France and other lending countries. Soon these countries will announce their plans. The President of Sri Lanka will virtually participate in the meeting of these countries. In which the World Bank and the private sector who are getting loans are also thinking to take advantage. Sri Lanka's tourism industry has suffered a big blow during the Corona period.