Government Job Overhyped?

Indians have recently seen the hapless depositors of PMC Bank losing their own money for no fault of theirs. Many depositors even died after the virtual collapse of PMC bank.

We have seen Jet Airways, once the largest Airlines in India collapsing almost suddenly and thousands of employees losing their jobs. However, no one came to their rescue.

India had over a dozen telecom companies a few years ago. Now only 4 companies are left and rest have perished without a trace. Hundreds of thousand employees in the private companies lost their jobs.

The only exception is BSNL, whose employees are still not jobless and now they have been offered such an attractive VRS package that 40,000 BSNL employees availed VRS scheme in last 3 days. The jobs of the rest is also taken off by the Government of India.[1]

There has never been any collapse of Public Sector Bank in India despite frauds taking place in many banks like PNB as Government protect them.

No depositor ever lost money in PSU bank or lost job in Government.

As long as India survives as a nation, your money and job with government is secured.

However, if you go with private sector, you have no security and suddenly you may find yourself on the road.

This is the reason that government jobs and government organisations are still so much important in India.

Source of pictures: Google Images

 [1] 40,000 BSNL employees availed VRS scheme in last 3 days, says CMD

-Awdhesh Singh