Even As 85-Lakh Fresh Graduates Stare At A Bleak Future Amid The Pandemic...

Nearly 85 lakh under-graduate and post-graduate students who are to pass out from various universities this year would be staring at a bleak future as corporates halt hiring, especially the recruitment of greenhorns.

- Rajesh Kurup

This academic year, a 6-8 month delay is expected in on-boarding freshers, while a further lag would compound job market woes as a similar number is expected to come out in the next year too.

“Over the last one year, campus recruitment improved, especially from MBA colleges, a sign that companies were optimistic about the future. But life is going to be a tad difficult for graduate freshers, who could join some online finishing schools or take up some apprenticeship programmes, till hiring resumes,” Rituparna Chakraborty, Co-founder and Executive Vice-President at human resources firm TeamLease Services, told BusinessLine.