The GATE Exam will be conducted for 29 branches on 4, 5, 11, 12th of February 2023. For the year 2023, the Indian Institute of Technology Kanpur (IIT Kanpur) will conduct this national-level exam. GATE Aspirants willing to pursue post-graduation from top IITs and NITs can apply and sit for the GATE Counselling beginning the month of May. Those who would like to get recruited by PSUs through GATE will have to apply separately for the PSU vacancy through GATE. Each year lakhs of candidates apply for the exam. This is because of the future prospects of the GATE Exam, the decent salary after clearing GATE Exam that qualified candidates get after, scholarships and grants while studying for the exam and other benefits like a stipend.
PSUs are government-owned corporations which select candidates via the GATE Exam. There are several PSUs like NTPC, Power Grid, HPGCL, IOCL, GAIL, etc., that recruit candidates on the basis of GATE scores. While some PSUs directly recruit GATE-qualified candidates, others conduct tests and interviews. In this article, we will discuss the salary after clearing the GATE Exam and the upcoming PSU vacancies through GATE.
Learn more about GATE Exam Purpose and know what other options are available after the GATE Exam.
The Public Sector Undertakings (PSUs) in India are government-owned companies in which the government holds more than 51% share. These companies offer employment opportunities to candidates based on their performance in the Graduate Aptitude Test in Engineering (GATE) exam.
The salary structure after clearing the GATE Exam varies based on the designation and the PSU. Below is a table outlining the annual salary and pay scale for some companies:
Company | Annual Salary | Pay Scale |
---|---|---|
AAI | 5,00,000/- | 16,400 - 40,500 |
These figures provide an overview of the salary structure in PSUs for individuals who have successfully cleared the GATE Exam.
Securing a government job is a dream for many individuals due to the stability and perks it offers. Let's delve into the salary structures of different organizations to get a better understanding of the financial rewards they provide:
These salary structures offer an insight into the financial remuneration one can expect in various government organizations. It's essential for job seekers to consider these details while planning their career paths.
Public Sector Undertakings (PSUs) are a vital part of India's economic landscape, offering lucrative career opportunities for engineering graduates through exams like GATE. Understanding the salary structures of various PSUs is crucial for aspirants aiming to join these esteemed organizations. Let's delve into the detailed salary breakdown of some prominent PSUs recruiting through GATE:
Note: It's essential to note that the salary CTC for PSUs through GATE may slightly vary based on the organization and other factors.
Aspirants aiming to secure positions in these prestigious PSUs through GATE examinations should carefully consider these salary structures while planning their career paths. These figures not only reflect the monetary benefits but also the stability and growth opportunities these organizations offer to engineering professionals.
Candidates can find recruitment opportunities in the Cabinet Secretariat after the GATE exam. It recruits candidates for the position of Gazetted officer of Grade A as the Senior Research Officer and Telecommunication Officer. The recruitment process is done based on the scores obtained in the GATE Exam. The following table shows the salary after clearing GATE Exam for the Gazetted 'A' Group officers (Band 3 Pay) for all the 3 posts:
The salary details for the various posts are as follows:
Post | Pay Scale |
---|---|
Senior Field Officer (Tele) - Gazetted 'A' Group | Around INR 56,100 with INR 5,400 as grade pay with 15% special allowance being made available to each post |
Senior Research Officer (Crypto) - Gazetted 'A' Group | Salary details not provided |
Senior Research Officer (S&T) - Gazetted 'A' Group | Salary details not provided |
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Each year, a large number of candidates appear for the GATE Exam due to the numerous future prospects it offers. Below are some of the major benefits of clearing the GATE exam:
Aspirants will not be required to give the GRE exam, as certain foreign universities accept GATE Scores for admission purposes.
Many IIMs run a 5-year fellowship program and offer a monthly stipend of Rs.30,000 with additional benefits like HRA, etc.
Know about the GATE Exam Subjects!
Know about the GATE Exam Subjects!The PSUs that recruit through GATE release cutoffs. Candidates will be eligible to apply for the PSU recruitment only when they have a minimum score that is within the GATE Cut Off released. This article on salary after clearing GATE Exam has helped candidates know which posts they will be recruited for and the salary range, but read the eligibility criteria before appearing for the exam.
Confused if you can appear for the exam? Check the GATE Exam Eligibility Here!
Are you uncertain about your eligibility to appear for the GATE exam? Verify your GATE Exam Eligibility before proceeding. Here, we delve into the advantages of securing PSUs jobs through GATE and why it might be a beneficial career pathway.
Candidates who successfully pass the GATE Exam stand to gain a competitive edge over individuals pursuing other career options. Public sector employees enjoy various perks and benefits compared to their counterparts in the private sector, particularly in terms of remuneration within the PSU sector through the GATE Exam.
Government employees in PSUs receive additional allowances such as Dearness Allowance, Leave Travel Allowance (LTA), House Rent Allowance (HRA), Children's Education Allowance, and City Compensation Allowance, enhancing their overall compensation package.
PSUs also provide convenient transport facilities, including a pick-and-drop service as part of the employment package. This ensures a hassle-free commuting experience for employees, contributing to their overall job satisfaction.
Upon selection for any position in the PSU sector through GATE, employees are entitled to life and health insurance allowances. This valuable benefit offers financial security and peace of mind by covering medical expenses and providing insurance coverage in case of unforeseen circumstances.
Securing a PSUs job through GATE not only offers a stable career path but also provides a range of additional benefits that contribute to a well-rounded and rewarding work experience.
Upon successfully clearing the GATE Exam, candidates can look forward to various benefits and opportunities. Apart from insurance allowances upon selection for any post, there are additional perks that enhance the overall package.
These perks provide financial security and flexibility, ensuring a conducive work environment for successful candidates. Soft-Loan policies offer assistance during financial needs, while Paid Leaves ensure a healthy work-life balance.
Preparing for the GATE Exam requires thorough understanding and access to essential resources. Candidates can benefit from resources such as the GATE 2022 answer key, Score Card, and Sample Papers to enhance their preparation. Understanding the validity of GATE scores and the benefits associated with the exam can further motivate candidates in their pursuit of academic and career excellence.
Moreover, insights into the frequency of the GATE Exam, opportunities available post-exam, and tips for effective utilization of resources like the scribble pad during the exam can significantly impact a candidate's performance and outcomes.
For comprehensive exam preparation, candidates are encouraged to leverage the EduRev platform for valuable insights and guidance.