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With the introduction of the Fiscal Responsibility and Budget Management Act in the year of 2000, it was possible for India to recover from major fiscal imbalances faced by the country and concentrate more upon the other major and crucial problem of employment generation. Though the global economy has been facing a major problem of recession and thus leading to downsizing of employment, India has been walking an all together different route. Currently, the Indian market has been flooded with demands for employment generation and it is expected that this is going to increase more in the coming year of 2013. With a majority of employment generation demand coming from the public sector units, it has become essential to understand the reasons behind such favourable situation. A deep research and study reveals that this growth in employment generation has mainly come from the industries of power, and research and development sector. Earlier, during the immediate post independence period a lot of pressure was put upon the basic industry of India along with the Indian agricultural department of Indian economy. However, with the introduction of five year plans and other subsidies, it was possible to give a proper boost to the basic industries and thus move on to other important and crucial industries of power, Information technology etc. It was in the second year plan that the government shifted its attention towards the power Industry of India and since then, the Indian power industry has seen a remarkable growth and development as a result of more resource concentration towards this segment. Currently with a rapid increase in the manufacturing and engineering industries of India, a lot of man power has been demanded by these industries. Statistics state that, BEL recruitment for contract workers have been increased to nearly 5000 employees in the past few years. another reason behind the increasing demand for NTPC recruitment along with other PSU is The formulation of new industrial policies (NIP) with an aim of fast paced employment generation and industrialisation. For the proper development of NIP, the government has proposed a sum of Rs. 100000 crore. Apart from this, one major reason which has been responsible for increasing demand of employment generation like BARC recruitment is the involvement of the foreign ventures in the Indian public sector. Currently, the government has allowed for 100 percent foreign direct investment in several public sector ventures which requires the employment of highly skilled and enlightened technicians, experts. Currently a majority of Indian states have a high rate of foreign collaboration in several units of public sector like ntpc, barc and bharat electronics limited (BEL). As a result of this foreign collaboration and new industrial policies of the government, the economists have expected that there is going to be a great demand for employment generation. It is also expected that a number of people are going to divert their attention towards BARC recruitment 2013 and other units. NTPC with its aim of providing power to almost 75% of the country has opened doors for many prospective employees through NTPC recruitment 2013. It can be stated that public sector units 2013 such as BEL recruitment 2013 is going to demand two times more employment as against the previous years. With such a scenario, PSU jobs are gaining high demands from competent professionals who want a stable career in their future. Days are not far this recruitment options will deliver some of the best work force that the future is going to remember for time to come! InfiniteCourses is a foremost name in the arena of web sites offering umbrella solution to all education related queries. Explore barc recruitment, ntpc recruitment, bel recruitment and much more.
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