Narendra Modi-led BJP’s overwhelming victory in the general elections is likely to breathe fresh life into the lacklustre job market over the coming quarters, according to more than six headhunters that ET spoke with.
Stability and continuity on major policy decisions bode well for hiring scenario, they said. Job creation will be a top priority for the government, and the private sector too will have a key role to play, they said.
“We see investments going up in infrastructure and with an additional thrust on ‘Make in India’ in the new budget, things can look up rapidly,” said K Sudarshan, CEO at EMA Partners International in India. “The sentiment is positive given the overwhelming mandate and also the expectation that this government will focus heavily on putting the economy on the fast track. Hiring activity is likely to perk up significantly on the back of positive sentiments.”
Source: Economic Times
