Wow! isn’t the figure such as 9.5 Lakh is a stunning one ? We know the students pass out are more than 1.5 Crore per year through out India only from engineering sector and the placements are not reaching at least 25 Lakh.Updates will come soon.
Here is the point to be noted that there are vacancies in India but the skilled profiles are not available to the big companies. recent surveys convey this point and high light it. The colleges need to work in this area instead of simply giving degrees to the and through out in to the market.
Any way the HR companies are expecting this figure and the new government concentrating more on the GDP rate and employment in India. Modi is committed to this fact that in coming years, if the government can not provide the vacancies and improve the skills in the job seekers the gap between vacancy and job seeker go out of the hands.
Un employment is the biggest issue in the country like India. Dr jaya prakash Narayan (loksatta president) suggested and estimating that in the coming 10 ears of span, the government should recruit 1 crore jobs per year and at the same time the candidates skill development is also important.
So guys get ready for this drastic change and grab this chance which has come never before.
GDP in India is expected to be 5.5 and companies are interested in investing more on the resources. last year the job increase rate was 10 to 12 % and now this year it is expected to be 13 to 15%. The salaries to the best performing employees is also going to increased by the companies and it is expected to be in between 20% to 40%.
E commerce is the emerging sector now a days and they open the gates for the new recruitments big in number. So develop the skills in this sector if you are interested. And other sectors mainly includes banking, financial, IT, e commerce, ITES, Retail and also in consulting areas.
So you need to be prepare for this and sharpen your skills in the specific area. So that the companies drag you immediately if you produce the skills of their requirement.