Pune: Finally, 'acche din' seems to be around the corner for government job seekers. At least 80,000 jobs will be available in the banking sector by the end of this year. The reason behind this spurt is that the number of nationalised banks in the country has now gone up to 21.
Apart from the banking sector, thousands of jobs will also be available in insurance, Intelligence Bureau, Staff Selection Committees and various other sections.
Since there are a lot of vacancies in these sections, aspirants are making a beeline in front of the institutes which are providing crash courses to crack the exams for the jobs.
"Compared to last year, the job scenario this year would be better as far as the banking and insurance sectors are concerned. There were 94,000 vacancies in the market last year and this year the number is likely to cross the one lakh mark," said Sushant Ranadive, the marketing manager with TIME, the institute which offers crash courses for exams for Probationary Officer and Clerk in the banking sector.
He added that the positive thing is that the trend will continue for the next three to four years as there are possibilities that the banking and insurance sectors are going to see an upward graph.
Sushant Bhagat, director of Yashshree Competition Zone, the academy which provides training to aspirants who are preparing for jobs, said that for the last two years the Institute of Banking Personnel Selection (IBPS) is conducting recruitments on behalf of 21 nationalised banks except State Bank of India (SBI) as per the requirement in various sections.
He said that SBI conducts its own recruitment process and there are close to 5,000 jobs available in that bank alone.
"Apart from the 21 banks, there are more than 10,000 vacancies in Reserve Bank of India (RBI) and Regional Rural Banks (RRB) and the insurance sector this year," he said.
He added that compared to competitive exams like MPSC and UPSC, there is a major bulk which is now turning up to these exams and enrolling themselves as the crash courses are not lengthy and even the results are good.
"Since IBPS has come into the scenario, the process of recruitment has become centralised and job seekers are finding it easy to apply as whatever jobs are there in the banking sector are coming through IBPS," he said.
Head: Banking sector exams
* Regional Rural Banks: September 6 (Clerk 10,000)
* IBPS (21 banks): October 11 (Probationary Officer 22,000)
* IBPS (21 banks): December 6 (Clerk 50,000)
* SBI: September (Probationary Officer 4,500)