By: Uravashi
India has witnessed a phenomenal growth over the last decade. Opening up of the economy through privatization, globalization and allied measures added the growth. One of the fastest growing sector is the IT and telecommunications sector. Infrastructure followed suite. Joint ventures with foreign partners were allowed in insurance, telecommunication and several other sectors. This led to a boom not only in those sectors but in related sectors including banking and education.
The increased demand for finance also witnessed a major growth in the banking sector. Thus, there developed a requirement of skilled personnels in various disciplines in a short span of time. This requirement fell short of what the previously government, government-aided schools and the like could provide. A positive decision by the government to allow private schools and colleges in all disciplines to operate by way of recognizing the degrees awarded by them, led to a spurt in the number of private institutions. Naturally a great employment opportunity presented itself in the education sector in India.
In India, job opportunities are available in the public as well as private sectors. While jobs in the private sector offer attractive pay packages and an immense scope for rapid career growth, the factors that put the public sector undertakings in a better position than the companies in the private sector are, namely, job security and robustness. Moreover, in the private sector, promotions and increments are mostly based on an individual's on-the-job performance and merit. However, promotion in the government sector is more on the basis of seniority rather than merit.
India being a comparatively low-cost country where labor is available at a much cheaper rate, outsourcing in the country has also gained significant momentum. Companies in countries like USA and UK outsource some of their tasks to India. This is because of the fact that it not only help the companies to focus on their core competencies, but also enable them to gain significantly in terms of cost. Outsourcing is done in the areas of data entry, customer services and IT. There are also some other back-office operations which are outsourced to India.
The factors that have made India a major outsourcing destination include:
The time taken to complete a project or service is very less and the quality of work is also excellent.
Services in the fields of IT, data entry, customer service and other back-office work when outsourced helps the companies to bring down a major portion of their operational expenditures.
Government in India is much more stable then in any other country and gives importance to the development of IT sector.
India is fully equipped and well informed about the latest technologies, infrastructure and gadgets.
Apart from the types of jobs already mentioned, there are also part time job opportunities in India. Any individual, having the basic knowledge of computer and internet surfing, can sit at home and earn a good amount. This type of job gives you the flexibility to work at your own convenient time and has no age bar. Moreover, it helps you to balance your professional and personal life. There are several websites which provides a lot of information on these part time jobs in India.
India has witnessed a phenomenal growth over the last decade. Opening up of the economy through privatization, globalization and allied measures added the growth. One of the fastest growing sector is the IT and telecommunications sector. Infrastructure followed suite. Joint ventures with foreign partners were allowed in insurance, telecommunication and several other sectors. This led to a boom not only in those sectors but in related sectors including banking and education.
The increased demand for finance also witnessed a major growth in the banking sector. Thus, there developed a requirement of skilled personnels in various disciplines in a short span of time. This requirement fell short of what the previously government, government-aided schools and the like could provide. A positive decision by the government to allow private schools and colleges in all disciplines to operate by way of recognizing the degrees awarded by them, led to a spurt in the number of private institutions. Naturally a great employment opportunity presented itself in the education sector in India.
In India, job opportunities are available in the public as well as private sectors. While jobs in the private sector offer attractive pay packages and an immense scope for rapid career growth, the factors that put the public sector undertakings in a better position than the companies in the private sector are, namely, job security and robustness. Moreover, in the private sector, promotions and increments are mostly based on an individual's on-the-job performance and merit. However, promotion in the government sector is more on the basis of seniority rather than merit.
India being a comparatively low-cost country where labor is available at a much cheaper rate, outsourcing in the country has also gained significant momentum. Companies in countries like USA and UK outsource some of their tasks to India. This is because of the fact that it not only help the companies to focus on their core competencies, but also enable them to gain significantly in terms of cost. Outsourcing is done in the areas of data entry, customer services and IT. There are also some other back-office operations which are outsourced to India.
The factors that have made India a major outsourcing destination include:
The time taken to complete a project or service is very less and the quality of work is also excellent.
Services in the fields of IT, data entry, customer service and other back-office work when outsourced helps the companies to bring down a major portion of their operational expenditures.
Government in India is much more stable then in any other country and gives importance to the development of IT sector.
India is fully equipped and well informed about the latest technologies, infrastructure and gadgets.
Apart from the types of jobs already mentioned, there are also part time job opportunities in India. Any individual, having the basic knowledge of computer and internet surfing, can sit at home and earn a good amount. This type of job gives you the flexibility to work at your own convenient time and has no age bar. Moreover, it helps you to balance your professional and personal life. There are several websites which provides a lot of information on these part time jobs in India.
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