Pay Hike Expected upto Five Lakh New Jobs in India in 2012-13

Though there are uncertainties in economic scenario, the experts are expecting that there will be five lakh new job opportunities in 2012 in Indian companies.  They are also expecting that there will be double digit hike in salaries. Depending on the government policies, market situations, there will be five lakh new jobs created in all sectors in 2012.  Up to three lakh jobs will be in IT/ITES sectors. New Job opportunities will also be more in retail, health insurance, defense, banking and finance services, insurance, hospitality and FMGC. FMGC are Pharma sectors are not influenced by recession and they remain constant.  Already many nationalized banks have issued notifications for recruitments in the year 2012.

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