The increasing interest in government jobs
in India can be
attributed to facts like security, higher pay, specific hours of work, perks,
bonuses, etc. Compared to private sector jobs, State and central government
jobs bring more facilities like internet, telephone use along with an inevitable
salary increase irrespective of your performance, and more number of holidays.
Besides, government employees get more respect because of their position and power.
Some of the most popular government jobs
Indians seek for are Indian Administrative Services (IAS), Indian Foreign
Services or IFS, Indian Police Services or IPS, lecturer in Government
University or college, employee in Indian Railways, and Bank probationary
officer.
Of late,
the banking sector in India has received a boon. Thanks to the present revenue
generation of the Indian banking industry to around Rs. 81 trillion or US $
1.31 trillion. According to KPMG-CII report, the country’s banking sector has
the potential to become the fifth largest banking industry in the world by 2020
and third largest by the year 2025.
Banking jobs in
India are set
to rapidly increase. Studies conducted by several recruitment firms have
suggested the banking and financial sector will increase their hiring to up to
25% compared to last year. According to a National Skill Development
Corporation (NSDC) report, the Indian banks will employ around14 lakh people by
2022.
Banks’
increased focus on sales and marketing and their new expansion plans will
create more local bank jobs in India
to cater to specific customers’ needs. Introduction of advanced mobile
technology in banking services is forcing the recruiters to look for different skill
sets that would help them grow their business without increasing cost.
