disclosed only with the job-seeker's consent and can help private as well as other PSUs recruit candidates based on the test result. Currently, the scores are available only with the agency conducting the particular exam.
“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,” the Prime Minister told the Bloomberg India Economic Forum 2016, held in New Delhi to commemorate the media group's 20 years in India.
He added, “It will provide a rich data base which can be used by private sector employers as a ready-made 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.”
Right now, even PSUs conduct separate exams, resulting in those hunting for jobs spending hours applying, taking tests and then appearing for interviews.
NDA Government has always been trying to keep some of the rules simple and has done away with the need for job interviews for some low-ranking government jobs.
Modi sought to showcase his government's achievements and rebutted critics who have suggested that the economy wasn't growing as fast as was made out to be. India has been projected as the fastest growing major economy, growing at a pace quicker than China.
"For India to be at the top of global growth tables is an unusual situation. Obviously, there are some who find that difficult to digest and... belittle that achievement. The fact is that India's economic success is the hard won result of prudence, sound policy and effective management," Modi said.
He then listed out a host of parameters to argue that the economy was indeed doing well despite weak monsoon, while acknowledging that cheaper crude prices had helped.
"My goal is reforms through transformation. Administrative reform is a start," Modi concluded.