Over 100,000 public sector jobs — in banks, Railways, Food Corporation of India, Indian Ordinance Factories, Bharat Coking Coal and many other PSUs — are up for grabs following a bulge in the number of retirements over the last two months.
“These public sector units are still hiring in large numbers,” said V Suresh, executive vice-president, Naukri.com, a large employment website.
A majority of these jobs are for accountants, engineers, law graduates, technicians and general category officers. Some of these companies are also looking for doctors and teachers for hospitals, medical centres and schools they run mainly in their corporate townships.
“We have already recruited about 4,000 people of which 2,500 are officers this financial year and we will have to recruit more people,” said M Narendra, chairman and managing director, Indian Overseas Bank.
The banking sector will see another bulge in hiring in 2015, when 150,000 employees are expected to retire. That would be a highest ever annual recruitment number for public sector banks in over a decade.
“For job seekers, it’s good news as government jobs now offer good salaries and many additional non-cash benefits, including job security,” said Aditya Narayan Mishra, president at staffing firm Randstad India.
Some PSUs are also recruiting apprentices and trainees.