2008 Recession still haunts Job-Seekers

Posted On: 04/02/2013 Updated On:

For students, job security is the main attraction for employment in the government sector. A recent survey done by a reputed job portal showed that over 70 per cent of Indian youth applies for government jobs. This is a direct fall out of the 2008 global recession that caused many people to lose their private sector jobs. Government jobs provide security not only to employees but their entire family. In unfortunate circumstances like medical emergencies or death of an employee, the government provides jobs to one of their family members on compassionate grounds," said Mr M. Chandrashekar Goud, who was recently selected in APPSC Group-I exam.

He had left his senior executive's job in a corporate bank with a salary of 75,000 per month to prepare for the Group-I exams for two years. Another big reason why more students try for government jobs is that promotion is based on seniority while is performance-based in the private sector.Seniority based promotions, holiday packages, housing facilities, retirement benefits, extra off days on account of holidays are some of the other reasons for favouring government jobs.

More News

TNPSC 2024: Group 2 prelims admit card released at tnpsc.gov.in

TNPSC Group 2 admit card: The Tamil Nadu Public Service Commission (TNPSC) has issued the TNPSC Group 2 admit card 2024 for the prelim examination. Aspirants who registered for the Combined Civil Services Prelims Examination can get the admit ca...

Posted On: 05/09/2024

ICAI free live sessions from September 9 for CA intermediate May 2025 students

The Institute of Chartered Accountants in India will from September 9 start free live sessions for students preparing for the May 2025 intermediate exam. The ICAI free classes, organised by the Board of Studies (BoS), will include live lectures, inte...

Posted On: 05/09/2024

TNPSC 2024: Group 2 prelims admit card released at tnpsc.gov.in

Posted On: 05/09/2024

NEET UG 2024 Counselling: Registration for round 2 begins today

NEET UG 2024 Admissions: The Medical Counseling Committee (MCC) will begin registration for the second round of the National Eligibility Entrance Test – Undergraduate (NEET UG) counseling 2024 today (September 5). This NEET UG round is for...

Posted On: 05/09/2024

NIT-Srinagar: A look at last five years NIRF rankings

The National Institute of Technology, Srinagar’s (NIT- S) ranking in the engineering category of the National Institutional Ranking Framework (NIRF) saw an increase this year. The NIT is now ranked at 79 with a TLR of 62.60. Last year, the ran...

Posted On: 04/09/2024

DU to announce upgraded allocations, round 1 list of performance based programmes today

The University of Delhi (DU) will today (September 3) announce the upgraded allocations and first round of allocations against performance-based programmes, CW, ECA, sports and ward quota seats. The upgrade window operational between August 31 and S...

Posted On: 04/09/2024

IIM-Ahmedabad 2024 Placements: 121 accept offers, consulting firms recruit 35% students

IIM Ahmedabad Placement 2024: The Indian Institute of Management (IIM) Ahmedabad concluded the final placement process of its one year MBA (PGPX) at the end of June 2024. About 121 students from the IIMA PGPX class of 2024 accepted offers across...

Posted On: 04/09/2024

JAM 2025: Registration process begins today at jam2025.iitd.ac.in

JAM 2025 Application: The JAM Online Application Processing System (JOAPS) for JAM 2025 will begin today (September 3). Candidates can apply for the Joint Admission Test for Masters (JAM) through the “Candidate Portal” on t...

Posted On: 03/09/2024

JEE Main 2025: Should I try taking the third attempt?

JEE Main 2025: The Joint Admission Examination (JEE) is one of the most difficult engineering admission exams in India. Success in JEE requires careful planning, unwavering concentration, and preparation because the competition gets harder every...

Posted On: 03/09/2024

IIM-Lucknow establishes Centre of Excellence in Blockchain Technology

The Indian Institute of Management, Lucknow‘s Enterprise Incubation Centre (IIML-EIC) today announced the establishment of a Centre of Excellence in Blockchain Technology (CoE-BT). The Government of Uttar Pradesh is supporting this initiative u...

Posted On: 03/09/2024

View all