With a view to pick up the spirit of a deflated public sector, Prime Minister David Cameron will take pledge from private sector bosses on Monday to create thousands of jobs.

He has arranged meetings with almost all the business leaders of construction, retail, hotels, manufacturing, technology and oil and will aim to work out positive deals with them. This way, he is planning to avoid recession and boost the coalition government's hope to regain its momentum.

His move will be helpful in the stimulation of business which will in turn assist Britain regain its growth numbers. The economy once again will be able to find balance far from the public sector which was responsible for the loss of a variety of jobs this year.

The critics however have a strong fear that the boost to the private sector and side lining the public sector will not be helpful for the country's progress, and will again be pushing it on the lines of recession.

The economy has recovered quite decently from an 18 month recession but sustaining the recovery stands to be the biggest challenge.