Online hiring in India rose by 19 percent in May, the sharpest increase in 15 months, as hopes of business friendly policies under the new government boosting recruitment activities, according to a survey by job portal Monster.com.
Media, entertainment, travel, tourism, business process outsourcing (BPO) and IT enabled services led the rise in the employment activities.
"With a 19 percent growth in the overall hiring activity which has been the highest since February 2013, Monster Employment Index reflects business optimism," said Sanjay Modi, managing director of Monster India.
Industry-wise on a year-on-year comparison, there was a 59 percent growth in the media and entertainment industry making it the top growth sector.
"There is a great deal of overall sanguinity around the new government to revive the economic momentum and constructing an investment friendly environment enabling creation of new jobs," said Modi, who also heads Monster's Middle East, Hong Kong and South East Asia operations.
With 37 percent jump, Bangalore led city wise ranking in the increase in hiring activities.
After Bangalore, Mumbai registered a 27 percent growth in opportunities between May 2013 and 2014. Delhi-NCR; Hyderabad; and Chennai recorded 20 percent, 19 percent and 17 percent growth respectively.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
