University Grants Commission (UGC) has announced that the candidates who clear the National Eligibility Test (NET) successfully would be eligible for lucrative jobs in the public sector undertakings (PSUs). The NET is conducted by the UGC) for the research fellowships and appointment of assistant professors in the institutions of higher education. The UGC has decided to give permissions to PSUs so that they may use the NET result database for the recruitment process to hire these master's degree holders as their officers. According to a daily, the pro-vice-chancellor of Patna University said on Friday that now PSUs can utilise UGC-NET scores for the recruitment process of the posts of executives in their organisations in disciplines like science (R&D), management, corporate communications, human resources, finance, etc. This step taken by the UGC would also increase the craze amongst the students for taking the UGC-NET examination and would eventually increase the number of students taking up this examination manifolds in the country and the universities also would get better students for their Ph.D programmes. According to the sources, the UGC gave its final nod to the proposal last week after it had been approved by the chairman. In fact, the Indian Oil Corporation Ltd (IOCL) has already issued an advertisement inviting applications from students who have successfully cleared the NET. Though the selection of the candidates would depend upon the score, they have obtained in the NET examination.