When India’s growth was blooming in 2016-17, it earned the tag of the fastest-growing major economy within the world. But thanks to the covid situation, there's a drastically significant decline within the GDP growth .and had been falling since the start of last year, the coronavirus shock in 2020 had an awesome effect on India’s economy and jobs.
In India, from March-end 2020, most government and personal sector companies have resorted to either sack employees, asking them to travel on indefinite leave without pay, or slashed salaries by the maximum amount as 85% – a report by outlook India.
As per the info suggested by the national sample survey ( NSS) and periodic labor pool surveys ( PLFS), it's estimated that overall, 136 million government and personal sector jobs are at immediate risk in post corona India. The organized private sector in India saw significant job cuts and layoffs during and after the post coronavirus pandemic that significantly impacted the economic activities.
during this article, we’ve researched and compiled a comprehensive report on the impact of covid- 19 on govtsarkariexams .”The study revealed that the very best demand for state jobs was witnessed in Delhi at 11.04%, followed by Patna at 11.03%, indicating the technology empowerment and social awareness are growing in non-metro cities.
Impact on Govt Sarkari Exams & jobs
According to the newest survey, 68% of the workers surveyed have either started the layoff process or are empowerment .the outbreak of the covid- 19 pandemics has transformed the roles scenario within the country with regular reports of layoffs, leave, pay cut, and other uncertainties. The study also found that 64.77 percent of individuals stood performance for both national also as state-level examination, thanks to them that the more pressure is accumulated to government. during this situation, only policy instruments it had been wont to provide handout through its welfare schemes. this is often a stop-gap, albeit much needed, intervention helping the poor survive essential subsistence growth.
Problems Faced by Government Sector thanks to Corona Virus
The government sector workers also face many issues thanks to the corona outbreak, including minimization of salary, and therefore the biggest problem is confronted by the people that are frontline workers. they need to face 24*7 for the patients and therefore the public both. This makes them separated from their families also as their day-to-day lifestyle. people that belong to the govt sector have faced issues. When the survey was taken from different companies, almost 1100 from other sectors, it had been reported that 73% of them decided to decrease the salary of the workers , and 57% said that layoff is temporary. And about 21% said that they're doing permanent layoffs for a minimum of two years.
More employees specialise in competitive exams, and this also raises the competition and almost increases the demand by 83.4%. It happens due to the more job security, followed by salary and other parks. It changes the entire scenario of the roles , and students start focusing more on the govt sector. And also thanks to covid many competitive government exams getting postponed and lots of . They get canceled, which makes students more ferocious, and that they suffer tons due to this.
The government of India tries to attenuate the competition by initiating different schemes for college kids also, and businessman, including” PM CARES, PM JAN DHAN YOJANA,” and lots of more.
For more such updates associated with govtsarkariexams. Bookmark our page and stay tuned with us for more!