IITM Journal of Management and IT
  • Year: 2023
  • Volume: 14
  • Issue: 1and2

A Survey Study to Assess the Importance of Job Security in Public and Private Sectors in India in Light of Economic Downturn Caused by Covid-19

  • Author:
  • Sanjeev Gupta1, O.S. Yadav2, Arun Gupta3
  • Total Page Count: 9
  • Page Number: 37 to 45

1Research Scholar, Department of Economics, Singhania University

2Dr. O.S. Yadav, Retd. (Principal), Department of Commerce, Singhania University

3Research Scholar, Department of Computer Applications, Singhania University

Online Published on 14 February, 2024.

Abstract

Covid-19 has proved to be an economic disruptor of unimaginable proportions. It has brought to knees many smaller economies and has got worried even the major ones. The consequential impact of the same has been losses of jobs and wages across the world and more so in developing economies like Indian economy. Such huge magnitude of job loss and loss in remuneration has led to rise in importance of the job security in the minds of the employees. This paper is an attempt to find the importance of job security for public and private sector employees in India and change in such perception about job security in view of the lockdowns caused by Covid-19 virus leading to catastrophic impact on Indian employment market.