One thing that the global recession and the concomitant slow down in the Indian economy has brought very prominently to the fore, is the sudden spurt of interest in government and Public sector, as an employer of choice. Who could of imagined that a canara bank could get day 1 entry into the prestigious IIM's, which had hitherto entertained names like Lehman brothers and Goldman sach's, for the first day campus placement.
The sixth pay commission has also played a pivotal role in changing the perception, most of the government servants, are suddenly privy to a lot of moolah, in terms of increase pay and one time arrears. It is not surprising that banks, real estates and financial institutions have suddenly started wooing this segment, like never before.
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