In a bid to help the private sector hire candidates with matching talent, Prime Minister Narendra Modi said that the scores obtained by candidates in recruitment examinations conducted by government and PSUs will be shared with private players.
“The government and public sector undertakings conduct a number of recruitment examinations. So far, the scores in these examinations have been retained by the government.
“Hereafter, we will make available the results and the candidate information openly to all employers, wherever consent is given by the candidate. This will create a positive externality,” Modi said at the Bloomberg India Economic Forum.
According to PTI, he said that in an effort to eliminate corruption in government recruitments, interviews for lower and middle level positions had been abolished recently.
Private colleges are already using results of government entrance examinations for engineering and medical colleges for admissions.
Modi said that making available the scores of recruitment exams conducted by the government and PSUs to all employers would provide a rich database, which could be used by private sector employers as a readymade and objective sourcing and screening mechanism.
“It will reduce search costs in the labour market for both employers and employees. It will enable better matching of candidates from labour surplus areas with jobs in other regions,” he said.
Modi further said that the government had announced two path-breaking reforms in the education sector during budget.
“Our aim is to empower higher educational institutions to help them attain the highest standards,” he said.
To help facilitate10 public and 10 private institutions to emerge as world-class teaching and research institutions the government will provide them with an enabling regulatory architecture.
Their regulatory framework will be separate from existing structures like the University Grants Commission (UGC) and All India Council for Technical Education (AICTE).
“They will have complete autonomy on academic, administrative and financial matters. We will provide additional resources for the next five years for the 10 public universities.
“This will eventually allow ordinary Indians affordable access to world-class degree courses. This initiative is the beginning of a journey to restore the original mandate of higher education regulators,” he said.