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The hardest job search in history! 60,000 jobs attract 19 million candidates

January 11, 2019 07:52

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[The hardest job search in history! 60,000 jobs attract 19 million candidates. For Indians, trains are the most important means of transportation, whether short-distance or long-distance. India has 12,000 trains a day carrying 23 million passengers, which is equivalent to pulling the entire Australian national population (about 24.86 million). (Daily Economic News)

For Indians, trains are the most important means of transportation, whether short-distance or long-distance.

India has 12,000 trains a day carrying 23 million passengers, which is equivalent to pulling the entire Australian national population (about 24.86 million).

Data from the Ministry of Railways of India show that about 1.3 million people work for the Indian National Railways. According to reports, the company recently announced that it will provide 63,000 jobs. What many people can't think of is that this recruitment attracted 19 million job seekers, with a ratio of 1:300, which can be called "the most difficult job search in history."

  Entry is equal to the "iron rice bowl"

The Daily Economics reporter noted that the 63,000 jobs provided by the Indian National Railways Corporation are the lowest-end positions in the railway system, including cleaners, track maintenance workers and track-changers. However, candidates are not so low-end, applicants generally have a college degree, and some even have a postgraduate degree.

Applicants are almost all college students from the northern states of India. At an test center in Delhi, India, from September 2018 to mid-December, due to too many applicants for railway jobs, three tests are conducted every day. And the same scene was staged at hundreds of test centers across the country. In fact, there are too many people taking the exam, and most people have been rejected before the exam.

Why do these ordinary jobs attract so many people to compete? To put it simply, the entry into the Indian National Railways Corporation is equivalent to the iron rice bowl of "hereditary replacement."

The Daily Economics reporter learned that in addition to the basic salary, Indian railway employees can also enjoy a series of benefits such as “level salary”, “care allowance”, “travel allowance”, “rental allowance” and “medical care”. The railway company is even an employee. It offers residential areas and staff canteens, as well as free train travel.

For example, the most common assistant train driver in a job position, the basic salary after entering the job is about 20,000 rupees/month (1 rupee is about 0.1 yuan). Normally, he will be promoted to a senior assistant train driver within 6 years, and will be promoted to a freight train driver in 4 to 5 years. He will be promoted to a passenger train driver after 4 to 5 years. After becoming a passenger train driver for about 15 years, the basic salary per month can reach 45,000 rupees, and the monthly salary of other various subsidies can reach about 75,000 rupees. If the railway company serves more than 33 years, the monthly salary can reach 120,000 to 130,000 rupees. Of course, the driver's salary and his driving mileage are directly linked. If the driver is diligent enough, then the above figures are only conservative estimates.

In addition, since the Indian Railways has not yet implemented a dismissal policy, once it enters the railway company, there is basically no need to worry about being fired. If the family is killed or injured, the family members can also fill in the job.

  Solving the employment problem, we must count on technology

However, some believe that the work of the Indian National Railways Corporation has been highlighted by the “crazy looting” of India: the economy may grow rapidly, but society does not create enough jobs for educated young people.

Forecasts show that by 2021, India's population aged 15 to 34 is expected to reach 480 million. They have a higher level of literacy and have a longer school time than their predecessors.

Azimut Premji’s analysis of Indian government data shows that unemployment rates in almost all regions of India have risen between 2011 and 2016. In the same period, the unemployment rate of young people and those with higher education is also rising, and in some cases is rising sharply: the famous labor economist Santos Merotra said that Indian college graduates are unemployed. The rate has jumped from 4.1% to the current 8.4%.

At the same time, the fate of millions of job seekers in India is also a major political burden for Prime Minister Modi, who is seeking re-election this year. At the beginning of his appointment, Indian Prime Minister Modi promised to create 10 million jobs for India every year. Although he has made great achievements in the subsequent development of Indian manufacturing and enterprises, it has had little effect on promoting employment for all. In fact, since 2011, India’s employment rate has continued to decline, and official unemployment data in India does not reflect real employment.

“India is quickly losing an opportunity. We are just doing unnecessary and endless debates, not all the young people entering the labor market are assigned to work.” A research company CEO Maheshvias Said in an interview.

But it also needs to be seen that thriving technology is helping India solve the headache of employment.

According to the Indian Economic Times website, India has made some improvements in the employment statistics. In the future, Ola and Uber’s network drivers, couriers, registered business professionals (including secretaries, lawyers) and other industries It will also enter the national employment demographic data.

The improvement of statistics means that the number of employed people in India will increase and the unemployment rate may decrease. According to the report, the data shows:

In the field of express delivery,AmazonE-commerce companies such as Flipkart, Snapdeal, and Grofers employ a total of 350,000 people.

India's online car market is very similar to the Chinese market before Uber's exit, which formed the Ola duopoly pattern of Uber and local strong companies. Among them, Ola employs 600,000 drivers and Uber employs 400,000 people.

As more Indians use smart phones, the above employment data will continue to increase.

(Article source: Daily Economic News)

                (Editor: DF381)

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