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PIB Summaries 16 January 2023

CONTENTS Womaniya Initiative Focus: GS II: Government Policies and Interventions Why in News? GeM holds event to commemorate success of Women entrepreneurs on GeM “Womaniya” initiative: Success of the Initiative: Objectives: Addressing Challenges: About Government e-Marketplace (GeM) Nodal: Ministry of Commerce and Industry The following are the objectives of the online platform: Geospatial Hackathon Focus: Facts […]

LayOff – Definition, Reasons, Alternatives to Layoffs

Definition: Layoffs, also known as downsizing or redundancy, refers to the permanent termination of employment for a certain number of employees within a company. This is typically done in order to cut costs and improve the overall financial performance of the company. Reasons: Some common reasons include a decline in business or revenue, changes in […]