There are ample reason why many students run helter-skelter to land a job in a PSU, some of which are listed here, the good and the bad ones both!
The shortlisting is through GATE scores and this is perceived to be unbiased as GATE scores can’t be manipulated. PSU Recruitment through GATE 2018 is also expexted to see a high number of applicants on account of this reason.
The pay is good and the job stable. For many, the marriage lasts a lifetime, divorced only at the time of retirement. On the downside, it is often seniority not ability that gets rewarded.
Most PSUs are slow in implementing new policies and bringing in innovation. So, if you like a dynamic environment, it could turn out to be a dampener. On the brighter side, you could well be the change agent who could change the fortunes of these companies. In fact, if you have the spark and pluck, and are optimistic about the PSU sector is India, it is the time to jump into the ring.
The perks in the PSUs are unending, starting from house allowances to health care facilities. Now before you get too far ahead, let us put the brakes! It is your personal equation with your superior that may determine the kinds of perks you enjoy (read foreign trips, extended leaves, et al)
This is the individual decision of the specific PSU whether they want to hire candidates solely on the basis of GATE score or conduct additional tests. There are some PSUs that use GATE scores only to screen candidates and then conduct group discussions and personal interviews to pick the best candidate. There are some who use the GATE scores directly for recruitment. For example,
BSNL didn’t conduct any interview for recruitment for its BSNL JTO Recruitment. On the other hand, NPCIL and KRCL conducts interview for candidates who are shortlisted based on GATE scores.
Types of PSUs
Based on parameters like listing on Indian Stock Exchange, global presence, annual revenue and income generated, PSUs in India have been classified under the following three heads: