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84% Delhi NCR grads prefer to work in India: Survey

April 30, 2014 12:20 IST

84% Delhi NCR grads prefer to work in India: Survey

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According to the PHDCCI Youth Economics: Career Expectations survey, a majority of graduates from Delhi NCR are optimistic about India's economic growth and would like to settle in India.

Majority of graduation and post graduation students in the national capital region wish to remain in India for job purposes as they expect that the country's economy would grow at a healthy rate in the coming years, an industry survey said.

According to the survey by the PHD Chamber of Commerce and Industry, "84 per cent of graduation and post graduation students in Delhi NCR feel that India's growth story will remain intact in coming times and thus prefer to settle in India for career prospects."

About 3,000 students participated in the survey -- Youth Economics: Career Expectations -- which was undertaken during November 2013 and February 2014 to understand the perception of students in terms of their career expectations.

About 40 per cent of the participants said that after the completion of their graduation/post-graduation, they would prefer government jobs, it said.

"Almost all the students unanimously felt that volatility in global and domestic economic scenario have impacted their career planning and expectations," it said.

It also said that over half of the students have curtailed expenditures due to inflationary pressures in terms of food, clothing, transportation and entertainment.

Further, the survey said that India's emerging demographic dividend would place it better in comparison to other countries in the global economic order in the coming times.

"We need to capitalise on this unique demographic advantage by generating more and more employment opportunities," it added.

India's economic growth in 2013-14 was 4.9 per cent and is expected to increase to 5.5 per cent in the current fiscal.


Image: A majority of graduates from Delhi NCR are optimistic about India's economic growth.
Photographs: Krishnendu Haldar/Reuters

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