Aided by economic growth and old, Xavier Institute of Management, Bhubaneswar (XIMB), appreciated as a hunting ground for professional staff intermediary this year.

The position of the season, which ended on January 8 saw 113 of his 116 students before landing jobs mainly in information technology, finance and FMCG businesses, among others. But what the cake is the highest salary offered XIMB a student at the Institute? History.

Silicon Valley-based company Sierra Atlantic has hired three students of the Institute, with an annual market Pay-set of $ 84,000 (RS 40 lakh) each. The three students are Pijush Gupta, Parag Dave and S. Narayan. Last year, the pay package was proposed Rs 12 lakh per annum.

This year, the highest content of an Indian company was Rs 9 lakh. The offer was Wipro Technologies Jaya S. Satyanarayan Paul.

Director of XIMB Fr E. Abraham said there were 198 students to 113 this year. ? 2005 is one of the best years for the placement of us, taking into account the nature of the companies visited the campus, vocational training images and packages offered payment? Muktikanta said Mishra, XIMB position as head of the cell.

This year, the average pay packet was Rs 5.24 lakh compared to 4.65 lakh RS last year. Given the plethora of offers, 14 of the 59 companies that were at the site, to return empty-handed, “he added.

Mishra, that demand was particularly high in information technology and marketing sectors this year. Among the companies, the stars of staff mediator was Infosys (16 offers), Tata Consultancy Services (nine) and Polaris (six).

Among businesses, the sale of available jobs were Marico Industries, Britannia, Godrej Consumer Products and CavinKare.

Among the major financial and credit institutions, that the campus was visited HSBC, KPMG, Batliwala and Karani, HDFC, IDBI Bank and Kotak. The students were recruited as a business, analysts, consultants and deputy directors of the project.

In addition, issues such as the manufacture Larsen and Toubro, Tata Steel and Aditya Birla and consulting firms like McKinsey, Frost & Sullivan and Price Waterhouse Coopers also visited the campus.

Mishra pointed out that companies (42 percent) and the Bank is funding organizations (20 percent) and FMCG companies (17 percent) were the main agents of investment for this year.

Regarding the announcement by the Minister of Finance, the government created a task force to prepare an action plan for the revitalization of rural credit cooperatives. It is also an appropriate regulatory framework and defines its report on October 31, 2004.

The mandate of the Task Force would be: (i) to recommend to implement an action plan for the revitalization of World Rural Cooperative Bank institutions, taking into account, Interalia, the main recommendations of various commissions, in this respect, (ii ) Suggest that a proper regulatory framework and changes that are necessary for in the relevant laws (iii) for an assessment of financial support, that the credit union, a revival of the nature of aid, participate in models And the gradual and (iv) suggest that other measures which contribute to improving the effectiveness and sustainability of the rural cooperative institutions.

The chairman of the Task Force is Professor A. Vaidyanathan, Madras Institute of Development Studies, Chennai. Its members are Shri Rama Reddy, President Sahavikasa Cooperative Development Foundation, Hyderabad, Prof. P Sriram, Indian Institute of Management, Ahmedabad, representatives of the Ministry of Agriculture and Cooperation and government representatives of Orissa, the Government of Uttar Pradesh, the Government of Maharashtra. While Dr Y.S.P. Thorat, MD, NABARD is a member of the secretary, Shri AV Sardesai, Executive Director, RBI, Mumbai and the Legal Officer, Reserve Bank of India, Mumbai are permanent guests of the Task Force.