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Odisha plans to hire MBA graduates for state PSUs

Read more on:    Spsu | Ipicol | Omc | Optcl | Osbcl | Mba Graduates | B K Patnaik
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To bring in competency and professional expertise in state-controlled Public Sector Units (SPSU), the Odisha government has decided to recruit fresh from the B-Schools of the city.

State chief secretary recently held a meeting with senior bureaucrats on setting up of programme management units in various departments by taking in professionals and technical experts.

Chairing the meeting, Patnaik said, “As most of the departments implementing flagship schemes of the government need competent professionals to enhance the pace as well as the quality of their work implementation, it may be considered to go for campus recruitment of young management professionals from premier institutions on regular basis and groom them in various PSUs.”

  • State PSUs like Ipicol, Idco, OMC, OPTCL, Gridco , OHPC and may go for campus recruitment of MBA graduates
     
  • XIMB, IMI, Bhubaneswar, Vinod Gupta School of Management, IIT Kharagpur, IIM, Raipur and Institutes of Public Enterprise are in recruitment radar
     
  • Fresh recruits to get initial consolidated pay package ranging Rs 5 lakh to Rs 6 lakh per annum
     
  • On completion of one year training, the management trainees will be absorbed as Assistant Manager with salary of about Rs 6 lakh per annum
     
  • After three years of service at the level of Assistant Manager they will be eligible for higher grade

The government departments have realised that in recent years, the functions, schemes and programmes of the government have increased manifold and the human resource support system have not kept pace with the changing times. Accordingly, the complexity of the subjects has also increased necessitating the need for more professional expertise in the areas dealt by the departments.

Some of the departments, which had already initiated steps to hire experienced professionals, could not do so because of lack of interest among desirable candidates. Hence, the government plans to go for campus recruitment drive.

In the recent meeting, it was decided, “depending upon requirement, profit making SPSUs like Industrial Promotion and Investment Corporation (Ipicol), Industrial Infrastructure Development Corporation (Idco), Odisha Mining Corporation (OMC), Odisha Power Transmission Corporation (OPTCL) , Gridco , Odisha Hydro Power Corporation (OHPC) and Odisha State Beverages Corporation (OSBCL) may recruit management trainees on an annual basis for at least next five years from premier institutions through campus selection with an initial consolidated pay package ranging Rs 5 lakh to Rs 6 lakh per annum.”

On completion of one year training, the management trainees will be absorbed as Assistant Manager with salary structure of about Rs 6 lakh per annum. After three years of service at the level of Assistant Manager they will be eligible for higher grade.

The senior government officials recommended institutes like Xavier Institutes of Management, Bhubaneswar (XIMB), IMI, Bhubaneswar, Vinod Gupta School of Management, IIT Kharagpur, IIM, Raipur and Institutes of Public Enterprise to conduct the campus recruitment drive.

The Public Enterprise (PE) department has been asked to file a formal proposal in the regard to be approved by the government.

It may be noted, most of the SPSUs, contemplating to hire professionals to bring in competency, deal with power and mining sector, the two areas attracting maximum investment in the state. The state government has signed about 50 memorandum of understanding (MOU) in the steel sector and another 29 pacts with Independent Power Producers for establishment of power plants.

Out of 50 steel proposals, 30 have gone into partial productions, while the rest them have been halted because of land and other issues such as forest environment clearance and raw material linkage.

Out of 29 private power developers, only one firm has been able to go on stream so far.

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