The APP study - Job trends in infrastructure sector - has also revealed that the sector comprising aviation, construction, energy, core infrastructure and metals & mining, have jointly contributed a significant share of 12 per cent to the job vacancies posted in first quarter of this fiscal.

The study comprised a sample size of total 1,05,638 jobs generated, spreading over 55 cities categorised in three tiers according to the size, population and other demographic characteristics. The sector created a 12,580 job opportunities out of the total sample size between April-June'08.

However, if one looks at the period between 2000-2005 employment in the organised sector, it has been stagnant and a declining trend can be seen in the infrastructure sector of electricity, gas, water and construction shows a study conducted by PHD Chambers of Commerce.

As the US economy goes from bad to worse, India's biggest outsourcing customer is getting stingy about placing new orders.

Why hirings are down

• The IT-BPO industry, which generates $40 billion (Rs 1.72 lakh crore) in export revenue and employs 2 million people, has been hit by slowing growth.
  
• The US, which accounts for 70% of India's outsourcing orders, is cutting IT budgets.
  
• IBM hasn't recruited at all this year from Indian Institute of Technology, Chennai, from where it picked 66 students last year.

• Join the right company, not the one that pays you the most.
  
• Invest in skill, competence on your own, don't outsource it to the company.
  
• Work hard. You can't take it easy at such a time.
  
• Have patience, the good times will return.
  

The result: IT firms are hiring less and offering less as they pick talent from campuses.

In some cases, they are even refusing to go through with offers they've already made.

This is the first time since the outsourcing boom began a decade ago that IT companies are dragging their feet on campus hiring, placement officers at colleges across India told Hindustan Times.

"This year, there has been a 15 per cent drop in hiring from our campus," said Colonel P. Ramesh at Pune-based Army Institute of Technology, from where only 194 students were picked this year, compared to 232 last year The drop was sharper at Pune Vidyarthi Griha - down to 131 from 260 last year, said A.M.

It is estimated that around 24 lakh people applied for 20,000 clerical posts advertised by the State Bank of India showing that there are more takers for a career in banking. This is specially so as bank wages are likely to be revised by the end of the current fiscal, for which negotiations are going on between the unions, Indian banks association and finance ministry.

The hiring is expected to go up significantly in 2008-09 due to an increase in business opportunities in retail banking, marketing and expansion in rural banking.

According to the Indian Institute of Banking and Finance (IIBF), which is conducting examinations for the banking sector, it has been receiving requests to conduct recruitments from a number of banks for next year and there will be a mega recruitment drive in the early 2009.

Interestingly, the hiring is getting broad-based, bringing in specialists along with generalists for various cadre posts.

He said the Cabinet also approved a slew of measures to benefit Scheduled Castes and Scheduled Tribes students. On the OBC proposal mooted by the Department of Personnel and Training and approved by the Cabinet, Chavan said instructions would be issued to pave the way for conducting Special Recruitment Drive for filling up the backlog of 28,670 reserved vacancies of OBCs.

He said a 1997 Supreme Court order had stated that the quota of reserved seats cannot exceed 50 per cent of the total seats being filled. However, Parliament through the 81st amendment to the Constitution had made an exception to this principle enabling the government to fill accumulated vacancies from previous years through special recruitment drives for SCs and STs.

Here are the figures. The unemployment rate in urban areas of Delhi is 36 per thousand as compared to 48 per thousand in urban area at the national level, 37 per thousand in Haryana, 50 per thousand in Punjab, 47 per thousand in Karnataka, 39 per thousand in Tamil Nadu, 42 per thousand in Andhra Pradesh and 56 per thousand in Maharashtra.

This was revealed in a report on employment and unemployment situation in Delhi which has been prepared by the government's Directorate of Economics & Statistics. The report is based on the sample survey conducted during second round of National Sample Survey (NSS) during 2005-06. Delhi Finance Minister Dr A.K. Walia released the report on Tuesday.

The report has also revealed that out of the total unemployed persons in the Capital, less than 10 per cent were graduates. While 0.21 lakh were graduates, 0.30 lakh were educated up to 10+2 standard, 1.53 lakh had studied up to middle level and 0.23 lakh were illiterate.

Around 2 lakh were in the age group of 15-29 years According to the report, out of the total eligible persons for employment, about 54.26 lakh were employed whereas only 2.27 lakh persons were unemployed. In Delhi, 3.71 lakh persons got employment during 2005-06.

While giving further details, Dr Walia stated that out of 2.27 lakh unemployed persons, 1.98 lakh were male and the rest were female. Releasing the report, Walia said that out of total employed persons of 54.26 lakh about 51.71 lakh were employed in urban area and rest 2.55 lakh in the rural area.

Still, this is better than most markets - 5.5 per cent in the US and 8 per cent in China, for instance - mainly thanks to the talent crunch and rapid growth in many sectors.

"Given the slowdown, companies are being cautious. Average increases will be 7 to15 per cent though top performers will still get 25 to 30 per cent, '' said K. Sudarshan, managing partner (India) for executive search firm EMA Partners International.

HR firm Hewitt Associates, however, estimates average salaries in India rose 15.2 across sectors for 2008-09 in line with the increases last year (15.1 per cent) and better than the year before (14.4 per cent) despite slowdown in many sectors.

``The growth in salaries is due to lack of talent in the market while companies are growing at a fast pace (30 to 35 per cent in telecom, retail). The supply is not keeping pace with the demand. There's a 10 to 15 per cent shortage of talent across various levels,'' said Nitin Sethi, consulting leader, South Asia, Hewitt Associates.

At 15.5 per cent, salaries of people in junior management (up to seven years) rose the fastest, followed by middle management (seven to 12 years) at 15.2 per cent, senior management (12 years+) at 14.5 per cent while salaries of CEOs increased 13.6 per cent.

The fair has been organised by the Delhi Government's Department of Training and Technical Education and is expected to provide an opportunity to about 10,000 students to interact with officials from various companies for securing jobs.

Job-oriented course

Speaking on the occasion, Ms. Dikshit announced that the Department of Training and Technical Education would start new job-oriented courses in ITI which would cater to the needs of industries.

She said the job fair had also been organised to serve as a bridge between the students and industry as it would seek to strike a balance between the demands of the sector and expectations of the students.

At the start of the on-campus placement Satyam Computer Services picked up 60 students at the packages ranging between Rs 8.80 lakh and Rs 5 lakh per annum. The regular recruiters like HSBC Bank, Pipal Research, Evalueserve.com, Oracle, HP, ICICI Bank, Reliance ADAGalso visited the institute for placement. The Reliance Group has confirmed to take 100 IIPM graduates from across its seven centres at a package of Rs 6.30 lakh per annum.

The institute claimed that the total number of placements as on March 18 stood at 2014. As many as 85 new companies visited the campus first time. These included Yes Bank, picking up 33 students in early January, Zee Entertainment, picking up 7, UB Group (Kingfisher Airlines), picking up 14, among others. Euro RSCG, one of the leading advertising agencies also debuted on IIPM campus along with some real estate facilitation management companies like Colliers International and CB Richard Ellis.

Ma Foi Employment Trends Survey (METS), conducted by Ma Foi, one of India's largest HR consultancy firm has predicted a three per cent increase in employment in 2008.

The largest chunk of the new jobs according to the survey would be generated by hospitality sector which is riding high with the tourism boom in the country.

"The Hospitality sector will generate the maximum number of employment in 2008. 426,668 jobs are going to be generated by the Hospitality sector. This sector is closely followed by Health at 295,829 and Education Training & Consultancy at 166,005," says the survey.

It adds that an estimated USD 11.41 billion is expected to be seen in the Hospitality sector in the next two years and that India is likely to have around 40 international hotel brands by 2011.

"The boom in the tourism industry has had a cascading effect on the hospitality sector, which was a result of the increase in the occupancy ratios and average room rates. With the demand continuing to surge, many global hospitality majors have evinced a keen interest in the Indian hospitality sector," says K. Pandia Rajan, Managing Director, Ma Foi Management Consultants Ltd.

While, IT and ITES sector continues with high growth in recruitment at 7.3 and 7.2 per cent, the survey says that it is the Health sector which shows the highest growth in recruitment at 8.9 per cent.

"It is very important to nurture young designers as today's aspirants are creative experts of tomorrow," Atul Chand, vice-president (marketing) of ITC's lifestyle retailing, said

Chand said that the country's fashion industry is maturing and with every passing year it is becoming more responsive towards budding talents, welcoming them with open arms.

"We have joined hands with Pearl Academy of Fashion and National Institute of Design (NID) to nourish and recognise future designers," he added.

The group launched a talent hunt contest The Debut late last year but only students of National Institute of Fashion Technology (NIFT) were allowed to take part in it. The contest is a rigorous three-round process.

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The sector is expected to get an investment to the tune of Rs 2,00,000 crore in the near future, GAIL India CMD UD Choubey said.

He was speaking at the inaugural session of the three-day International Business Horizon summit organised by Amity International Business School at Noida in the outskirts of the national capital.

The energy sector is one of the fastest growing fields and would be hiring more number of management graduates, Choubey said.

"The sector is expected to get funds of about Rs 2,00,000 crore in the near term and would help in further development," he added.

Speaking on the occasion, Amity University Pro-Vice Chancellor Gurinder Singh stressed on the qualities needed for a good manager.