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Why My Startup Is Betting On 'Returnships' To Help Women Restart Their Careers

Like most CEOs in growing companies, one of my chief concerns has always been talent. I thought about all parts of the employee lifecycle. I obsess about finding great people, making them successful, developing their skills, and retaining them for the long haul. Research has long shown that more diverse teams produce better business results. Outside of work, I started to notice something as I entered my 40s – female friends and colleagues were leaving their careers for a period of time to focus on their children and finding it difficult to restart their careers. Their attempts were thwarted by bias from recruiters and hiring managers who were reluctant to consider a candidate with a career gap or someone who wanted something less than a full-time role. So we decided to launch an experiment at Return Path. Our CTO and human resources leaders convinced me that we could find success by building a new kind of internship program aimed specifically at women looking to restart their careers…

Naidu lays foundation for VEM Aerocity in West Godavari district

20 more small units will come up in the vicinity, he says
Chief Minister N. Chandrababu Naidu on Saturday laid foundation stone for the construction of the defence spare parts manufacturing company, VEM Aerocity, at Vatluru in Pedapadu mandal in West Godavari district.
He went round the photo exhibition arranged by the VEM company executives and interacted with the students. A Skill Development Centre had been proposed in the company to provide training for the youth.

Job generation

Addressing a meeting later, Mr. Naidu said the government had sanctioned 350 acres for the project, which could generate about 7,500 jobs once the construction of the company was completed. The Government of India listed the VEM Aerocity under A-Category and 20 more small units would come up in the vicinity, he said. Stressing that the government was giving priority for setting up industries and industrial corridors, the Chief Minister said jobs cannot be created without industries and the Defence Research Development Organisation’s (DRDO’s) unit in Kurnool, the Long Range Missile Testing Centre at Nagayalanka, Krishna district, the Army Training Centre in Chittoor and the BEL Optics Unit at Nimmakuru would be completed in the coming years ensuring good employment opportunities for the youth, he said.

Spare parts

“Under the Make in India programme, we have to develop spare parts in the defence and research wings with our own technology. We are trying to provide jobs locally for the youth and prevent them from flying abroad. About ₹2,000 crore investment with over 20 ancillary units is expected at Vem Aerocity,” the Chief Minister said amid huge applause.

Ministers Peetala Sujata, Kamineni Srinivas, MLAs, VEM Aerocity representatives and officials participated in the programme.

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