Debate Continues ON Campus Hiring

I hope you are having links of various blogs submitted on the issue of Campus Hiring . This is in continuation to all those blogs.

Some of viewers are afraid that if court restricts employment through campus hiring, the fate of unemployed youth will be jeopardized.

Here I would like to make it clear that court has simply instructed bank to follow necessary guidelines and carry out entire recruitment process in a more transparent manner. If bank is allowed to resort to campus hiring, the top bankers will choose only those campuses where their sons and daughters are admitted or those campuses where some monetary gain is expected .

It is seen in the past that banks recruited scale II and scale III officers called as specialist officers termed as 'Credit processing officer' and offered them the pay which existing employees get after serving bank for two three decades.. This has resulted in severe disparities in total emoluments payable to old employees.

It is true that a few of these directly recruited officers have performed well , but it is also true that many of junior bust existing employees are processing credit proposals in a better way than those who were recruited in scale II and scale III.There are cases when even clerks are good processing persons. It is unfortunate that many banks are still in process of recruiting officers in scale II or scale III at the cost of promotion prospects of existing junior level officers.  

It is worthwhile to mention here that all banks have robust training system where they can impart credit skill to any employee who have will to gather knowledge. After all youth recruited from campus hiring methods have also to undergo the same training.

Obviously recruiting officers in higher scale for the same job causes not only financial loss to banks but also demotivate existing employees whose chances for promotion is reduced to nil or minimum.

One person has pointed out that when campus hiring has resulted in growth of private banks, why state run banks will not benefit from it?

I would like to say here that management of private banks works for the growth of and for the gain in favour of promoters of the bank. They are loyal to their organisation in 90 percent of the cases. On the contrary leaders of public sector banks are only 10 to 20 percent of officers are  honest and devoted for their organisation. Officials of these government banks will go to campus where sons and daughters of their relatives and their Godfathers are admitted.

Who can stop if such recruiters will pick a few talented candidate to show the common men, but they actually pick some of their relatives, if they sell some of the vacant  posts taking some money, if they will oblige some seniors or some of politicians to get early promotions and choice posting etc. 

This is why it is apprehended that there is always possibility of  misuse of power of picking unemployed youth from campus. Hence court has rightly directed to carry out recruitment in more transparent manner giving all unemployed youth equal opportunity.

It is one of the key reasons why public sector banks are not growing as private banks have grown in a span of only two decades. It will not be an exaggeration to say here that majority of top ranked officials in government banks have bad history and they perpetuate corrupt culture only. This is why bad assets is increasing year after year in public sector banks whereas in private banks it is coming down.

Some of viewers have said that none of recruitment method is full proof. Even questions papers related to IAS IPS exams are leaked, even members of interview panels constituted for carrying out interview for picking candidates for higher posts are motivated and bought to pick the person of someone's choice and so on.   It is also true that any method of recruitment is not full-proof, Still public sector undertakings which are accountable to public and which functions on the power of public fund have to be more legal, more constitutional , more transparent and leave lesser and lesser scopes for doubt and manipulation.

If campus hiring is allowed in PSUs , it is possible that the recruiter goes to a college where his relatives are admitted and picks up his relatives without caring for the quality. Such possibility may not only endanger the future of unemployed youth but may also further eliminate the enthusiasm in youth to make effort for gaining excellence in study as students do for getting selected for the post of IAS officer. Moreover picking up of such unskilled and incapable person from campus may adversely affect the business of the organisation whereas if a private shop owner or promoter of an industrial unit may recruit his relatives for any job because his target is always to get better output with minimum spending.

By the way, will the government allow Minister to pick up IAS and IPS officers from campus of their choice or from any campus? None will perhaps like.

It is also true to say assets of an organisation including banks BECOME BAD even if the caretaker is honest and sincere. Efforts are however to be made in the direction of keeping assets safe as much as possible. Assets may be human asset or loan asset. A Government Company cannot be and should not be allowed to function based on whims and fancies of the persons who sit on top post.

It is also reported that employers commit fraud even in promotion. They reduce the probability of promotion of existing employees by recruiting directly in higher scale. Of course it is happening in banks in the name of merit or in the name of shortage of senior employees. IT is being done in nexus with corrupt minister. Management of banks invariably give wrong excuses for seeking permission to dilute conditions related to experience guided by Ministry of Finance. 

Every year these banks approach MOF for reducing the length of service or for removal of rural service conditions etc to promote officers of their choice. There are plenty of experienced officers, but top bankers like those officers who flatter them day and night. They are least bothered of quality of officers to be promoted. This is why majority of officers now occupying top posts are inefficient, incapable, unskilled, corrupt and ill-motivated officers. They cleverly guide minister to seek guidelines amended as per their choice. It is therefore not astonishing to me that day by day volume of bad assets in banks is increasing and slowly going beyond their control. Banks are undoubtedly victim of quality and quantity of staff.

I would like to know from learned Finance Minister whether he will like his chief secretary picked up from campus.

Will he like his IAS officers to be picked up from campus?

Will existing IAS and IPS officers  like to see that their chances of promotion to higher position is diluted by ministers by selecting officers from campuses of their choice?