“The most precious light is the one that visits you in your darkest hour!” – Mehmet Murat ildan
The latest annual report of the RBI for the fiscal year 2018-19 (FY19) confirmed that the Indian economy has indeed hit a rough patch. Most of the sectors have seen a constant decline in the past few months.
During the time of chaos, Coal India has announced a huge requirement drive to hire 9,000 people, out of which 4,000 are meant to be for executive cadre.
How and What About the Requirement
A senior Coal India executive said “Coal India is recruiting so many executives in a single year in almost a decade in an effort to fill up all the vacancies that have been pending for several years. Last year, we recruited only about 1,200 people”
According to sources, this would be the biggest drive announced by Coal India and its subsidiaries. The executives will be recruited by holding company while 5,000 workers and technical employees will be selected by its eight subsidiaries.
As their executive said “Of the 4,000 executives Coal India plans to recruit, 900 would be through advertisements and interview-based in the junior category, another 400 would be recruited from campuses and some 100 would be miscellaneous like medical officers, etc. We have already recruited 400 executives and most of whom are doctors. Another 75 have been recruited and would be joining soon. The company will recruit around 2,200 additional executives through competitive examinations,”.
Little Insight About CIL
CIL is the largest coal-producing company in the world. It operates through 82 mining areas spread over eight provincial states of India. As of April, 2017, It has around 394 mines of which 193 are underground, 177 opencast and 24 mixed mines.
Coal India is not only the world’s largest coal producer but also holds the position of India’s biggest employer after Indian Railways with headcount around 28,0000, out of that around 18,000 are executives.
In June 2018, CIL got ahead of Reliance to become India’s most valuable company by market capitalization.
CIL Subsidiaries Recruitment plan
CIL plans to recruit 5,000 workers and technical hands for its seven subsidiaries. Out of that 2,350 jobs will be offered to family members of the staff who died before retirement.
Around 2,300 will be recruited as part of the company’s policy to offer jobs to the families whose land was utilized for setting up this project. And remaining 400 will be filled with non-technical staff. (reference ET)
CIL was initiated in 1975 and so far many people have reached their retirement age now. Around 12,300 employees have been retired in the last three years which has led to many vacancies. While all will not be filled but the company needs a huge recruitment over the next few years to have enough workforce in place.
While doing this company has also cleared all the backlogs of promotions which were pending from 2013. They have promoted 3,000 employees in non-technical posts and another 3,000 will be promoted in due course of time.
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