Agencies
NEW DELHI, Apr 27: Vacancies listed on the government's job portal National Career Service (NCS) displayed an interesting trend. The NCS data shows that in the fiscal year 2023-24 jobs available through the portal were significantly higher than job seekers. The number of job-seekers registered through the portal in FY24 is 87,27,900 as against job vacancies of 1,092,4161, as per NCS data. The data also suggests that in FY24 the number of jobs available on the portal saw a 214 per cent or almost three time jump over the previous year. Job vacancies posted on the portal by employers were 1,092,4161 in FY24 as against 34,81,944 in FY23. However, opposed to this job-seekers growth was mere 53 per cent from 57,20,748 in FY23 to 87,20,900 in FY24. A senior government official told news agency ANI that the surge in job vacancies signifies a higher growth in the economy. On March 30, this year Union Finance Minister Nirmala Sitharaman said in Mumbai that India may grow 8 percent or more in FY24. "You had three quarters of growth above 8 per cent, and hopefully, the fourth quarter which ends tomorrow, will also be 8 per cent or above 8 per cent, resulting in 2023-24 having a GDP growth of 8 per cent or above 8 percent," Ms Sitharaman had said. In FY24, the highest number of job vacancies listed on the NCS portal was in the finance and insurance sector at 46,68,845 vacancies, a 134 per cent jump over the previous year. This was followed by operations and support sector at 14,46,404 listed vacancies, which was 286 per cent jump over previous year. Civil and construction sector saw a booming 11,75,900 vacancies as against a mere 9396 vacancies in FY23. Job vacancies in other service activities saw a 199 percent jump in FY24 at 10,70,206 vacancies as against 3,58,177 vacancies in FY23.
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