PSUs float 70,000 job openings in 2015, more to come | business | Hindustan Times
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PSUs float 70,000 job openings in 2015, more to come

business Updated: May 09, 2015 08:12 IST
Himani Chandna Gurtoo
Himani Chandna Gurtoo
Hindustan Times

If getting a government job has been your dream, it’s time to cheer.

Riding high on Prime Minister Narendra Modi’s ‘Make in India’ initiative, public sector undertakings (PSUs) have floated over 70,000 job openings in the last four months and there are many more to come.

National Highway Authority of India, Bharat Heavy Electricals Ltd, Railway Recruitment Boards, among several other PSUs and banks, have doled out vacancies across functions.

“PSUs will see aggressive hiring through 2015-16, and this is expected to be the highest-ever recruitment drive in over a decade,” said Aditya Narayan Mishra, president — staffing, Randstad India, a recruiting firm. “However, government initiatives like ‘Make in India’ will definitely be a big boost for job creation.”

Several vacancies for engineers, teachers, scientists, policemen, clerks, management trainees, data-entry workers, among others have been on offer.

“A majority of public sector banks are on a hiring drive. Most of those jobs are a result of a humongous number of bank accounts opened under Jan Dhan Yojana,” said Amit Garg, executive director, digital initiatives, HT Media, which owns

PSUs expansion plans are also breeding numerous jobs as Oil and Natural Gas Corp, Indian Oil Corp and Hindustan Aeronautics Ltd are on project expansion mode.

The inclination towards government jobs has also been rising owing to the generous perks, job security and other benefits. “However, unlike private sector, PSUs did not have a steady inflow of young talent over the last 15 years. Hence, large scale retirement stares at them,” said Rituparna Chakraborty, senior vice-president at staffing firm TeamLease Services.