The employment scenario in the country is likely to witness a surge in 2014 with the banking segment expected to hire aggressively and a rebound in economic growth raising prospects for jobs across sectors. A deep economic slowdown and delay in implementation of projects have hurt jobs in several sectors, particularly in manufacturing. The slowdown in developed economies also hit jobs in the export and other allied sectors.
The banking sector has drawn up ambitious hiring plans for officers as well as administrative staff. State-run banks are expected to recruit about 55,000 officers and clerical staff in 2014. "On an average, in the next three years, the banking sector will recruit about 50,000 employees," said Anup Sankar Bhattacharya, director at the Institute of Banking Personnel Selection.
Other sectors which are likely to benefit from the economic recovery, in terms of jobs, are retail, hospitality, logistics, engineering, consumer goods, life sciences, pharmaceuticals and medical diagonistics. Infrastructure, Engineering &Exports Infosys, the country's second biggest software services exporter , has plans to hire 15,000 to 16,000 engineers next year. An improvement in demand for outsourcing in the US and other countries is expected to raise job prospects for engineers/
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The banking sector has drawn up ambitious hiring plans for officers as well as administrative staff. State-run banks are expected to recruit about 55,000 officers and clerical staff in 2014. "On an average, in the next three years, the banking sector will recruit about 50,000 employees," said Anup Sankar Bhattacharya, director at the Institute of Banking Personnel Selection.
Other sectors which are likely to benefit from the economic recovery, in terms of jobs, are retail, hospitality, logistics, engineering, consumer goods, life sciences, pharmaceuticals and medical diagonistics. Infrastructure, Engineering &Exports Infosys, the country's second biggest software services exporter , has plans to hire 15,000 to 16,000 engineers next year. An improvement in demand for outsourcing in the US and other countries is expected to raise job prospects for engineers/
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