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About Job Board India
In these uncertain times, a government job (Sarkari Jobs) can provide the security you need
Did you know that over 1.5 million people lost their jobs in August 2021 in rural and urban India? The COVID-19 pandemic has severely impacted the job market, affecting small businesses and multinational corporations.
Are you an unemployed Indian citizen affected by the pandemic and the fluctuating job market?
Are you working for a multinational company undergoing restructuring and considering your next steps?
Are you a recent graduate searching for your first job? Are you contemplating if a government job is right for you?
You’ve come to the right place! At Indian Job Board, we highlight the benefits of Indian government jobs, Private Jobs and help you find a stable, long-term position that suits you. Secure your future today with Sarkari or Private Jobs!
Indian Job Market 2024: Government vs Private
- High Demand for Government Jobs: There’s a significant preference for government jobs due to:
- Perceived stability and job security [Drishti IAS, May 16, 2024]
- Lack of sufficient job creation in the private sector [The Economic Times, Budget 2024 survey]
- Challenges in Job Creation:
- Limited job growth in the formal sector struggles to absorb graduating students [The Economic Times, Budget 2024 survey]
- Vulnerability of informal jobs to economic shocks [Drishti IAS, May 16, 2024]
- Government as Major Employer: Public sector jobs (including government) employ a larger workforce than the private sector.
In essence: While government jobs are coveted, job creation remains a challenge across India.
Focus on Workforce Distribution
Sector | Description | Importance | Estimated Share of Workforce (%) |
|---|---|---|---|
Primary | Agriculture, forestry, fishing, mining, quarrying | Provides raw materials and food security | 48% (mostly informal) |
Secondary | Manufacturing, construction, utilities | Transforms raw materials into finished goods | 23% |
Tertiary | Services (IT, education, healthcare, finance, retail, tourism) | Provides support services to other sectors | 29% |
Split Between Public & Private Sector Jobs
Finding a definitive split between public and private sector jobs in India is tricky. Here’s why:
- Informal Sector: A wide portion of the Indian workforce falls under the informal sector, which isn’t categorized as public or private.
- Government PSUs: Public Sector Undertakings (PSUs) are government-owned businesses with varying levels of autonomy. They might be categorized under the public sector, but function similarly to private companies.
However, we can look at some general trends:
- Limited Public Sector Growth: Government job creation hasn’t kept pace with population growth. Estimates suggest public sector jobs comprise around 3-4% of the total workforce.
- Private Sector Dominance: The private sector is considered the larger employer, encompassing formal businesses and many startups.
Here’s a table summarizing the estimated distribution (keep in mind these are approximations):
Sector | Estimated Share of Workforce (%) |
|---|---|
Public Sector (Central & State Govt., PSUs) | 7-10% |
Private Sector (Formal & Informal) | 90-93% |
FAQ's
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