By TIOL News Service

NEW DELHI, FEB 11, 2025: IN a significant move to enhance job creation and expand opportunities for young job seekers, the Ministry of Labour & Employment signed a Memorandum of Understanding (MoU) with FoundIt (Formerly Monster), a leading job portal in New Delhi today. The MoU was signed in the presence of Union Minister of Labour & Employment and Youth Affairs & Sports, Dr. Mansukh Mandaviya and aims to enhance international & domestic employment opportunities for job seekers registered on NCS portal.

Union Minister Dr. Mansukh Mandaviya highlighted the NCS Portal's transformative role in bridging the gap between job seekers and employment opportunities, both within India and abroad. "The NCS Portal has become a crucial gateway, connecting millions of job seekers with employers at the national and international levels. With the addition of 3,000 to 4,000 job postings daily, this MoU is expected to bring 1.25 lakhs international vacancies and over 10 lakhs domestic vacancies to NCS each year, significantly boosting employment prospects for Indian youth," he stated.

He further emphasized the NCS Portal's role as a robust employment-generation platform, connecting job seekers across diverse industries. "With over 40 lakh employers registered, the portal has facilitated the mobilization of more than 4.40 crore vacancies since its inception. At any given time, nearly 10 lakh job vacancies are available, ensuring a steady flow of opportunities for the youth," he added.

Expanding its global reach, Dr. Mandaviya highlighted the NCS Portal's integration with the e-Migrate platform, under which more than 500 active Recruitment Agencies (RAs) registered with the Ministry of External Affairs (MEA) have been onboarded. "This initiative has opened doors for Indian professionals to secure jobs with credible, verified employers abroad," he noted.

Calling the NCS Portal a vital resource for job seekers, Dr. Mandaviya urged the youth to register on the platform and take full advantage of the numerous career opportunities available. He mentioned that NCS portal is integrated with My Bharat, SIDH portal which is bridging the skill gap among the youth to make them more employable.

Secretary MoLE, Sumita Dawra stated that countries like Germany, Finland, and nations across the Middle East are actively seeking skilled workers for both blue-collar and white-collar jobs. This MoU will enable NCS to facilitate these vacancies and enhance career prospects for Indian job seekers, she added.

V. Suresh, CEO of FoundIt, lauded the partnership, stating that it aligns with the Modi Government's vision of 'Sabka Saath, Sabka Vikas' by fostering inclusive employment opportunities. "Employment is the key to economic growth, and the government's commitment to creating better career prospects is reflected in the continued success of the NCS Portal, which connects millions of job seekers with opportunities in India and abroad," he said.

Benefits of the MoU between MoLE and FoundIt:

1. Expanded Job Opportunities: Job seekers registered on the National Career Service (NCS) Portal will gain access to vacancies not only within India but also in Southeast Asia and the Middle East, significantly broadening their employment prospects.

2. Seamless Job Integration: FoundIt will post job opportunities on the NCS Portal, enhancing employment prospects for job seekers. It will gather job demand from employers across India, the Middle East, and Southeast Asia looking to hire in both the formal and informal sectors. Relevant job listings will be integrated into the NCS Portal via APIs for seamless access.

3. Inclusive Hiring Practices: The NCS Portal is committed to providing employment opportunities for women and persons with disabilities. This partnership with FoundIt will promote a fair and inclusive hiring process, ensuring equal job opportunities for underrepresented groups.

4. Access to a Diverse Talent Pool: Through this MoU, FoundIt will gain access to a large and diverse pool of candidates from the NCS Portal, including women and persons with disabilities. The Ministry of Labour & Employment will facilitate database integration, enabling FoundIt to connect with a broad talent base via a seamless technology interface, accessible both online and offline.