Jobs and internship
Moreover, vacancies are not filled on merit. The same are filled by close references in the name of friends, relatives, language, caste and creed.
Most importantly, job cuts have become very common in many companies in India and the logical reasoning behind terminating one's job remains a question mark. Irrespective of the performance and impeccable behaviour of an individual, his/her job is not secured.
Mediocre and low performers manage to hang on to their jobs, whereas top and above average performers are shown the door. Workplace bullying and harrasment by immediate supervisor is very common.
Hence, organizations suffer from lack of business and bottom line growth resulting in lesser revenue to the country, thereby affecting the GDP.
Need to have a specific bill passed in the parliament to audit private companies for all these inefficiencies as government entities are on the right track. more
When I tried my luck with business, I was shocked when Purchase Manager of Grasim Industries Ltd. Nagda told me bluntly, they always place orders with Bania suppliers so I stand little chance of success as I am not a Bania !!
No wonder, country was looted / our women raped / Hindus converted, ruled over for hundreds of years !! We deserved our past, with such a stinking / fragmented society / mentality.
I NEVER EVER encouraged anyone to do MBA and go for private jobs in my life.
It is a horrible career, to say the least. more
Reduction in jobs at the entry level also results in a cascade reduction in jobs in the middle and senior levels. more
Nehruvian philosophy of socialism in the last so many years has created inefficiency and white elephants everywhere. Public sector and private sector both look at sops from govt all the time or loan from bank. I am sure as India merges with world economy this inefficiency will go and we have a better working conditions.
I do not think monitoring of private sector will give any benefit as they can always produce a beautiful document to convince auditors. Coming years are going to be crucial for our survival and growth. This can only come from bright, honest hardworking people who are professionals and not paper pushers or polishwalas. more