Major job crisis for freshers

The real effect of too many people in corporate sector and AI type of technology is kicking in.

Students at NITs are being recruited at 3.5 lakhs per annum. Most of the tier 3 IIT batch is still sitting unemployed. Private engineering college graduates are not likely to find jobs.

What does this mean? It means that the fee charged for engineering programs by public and private colleges have to reduce or they will have to shut themselves

https://www.livemint.com/news/india/engineering-schools-cut-minimum-salary-threshold-to-lure-recruiters/amp-11699553882026.html more  

View all 10 comments Below 10 comments
Situation is pathetic more  
Medical Education is Population based and more the Population, more and more Doctors will be required. India with a population of 145 Cr has a lot of scope for Doctors. Now as far as Engineers are concerned, unless more Industries are opened and its product is Export Worthy, Engineers will remain Unemployed. This is going on for last so many Decades. more  
There has been too much of euphoria in the last few years on the earning opportunities, overseas jobs, US citizenship ..... and the associated social status of tech professionals. People dont / fail to understand that every business goes through what is called 'business cycle' and tech industry is no different. engg colleges have been trying to join the party 'make hay while sun shines' and they went into a fee jackup trip. slowly everyone learnt / learning that the party wont last long ... even tech companies have learnt to run their 'tech business' with just above average science stream or even any graduates after putting them through a targeted training program. Even engineers from tier 1 institutions have to be put through the training program before the companies employing them can monetise the manpower resources ... This is part of hard learning ..... people need to be level headed and the party will find its own character Subramanian https://primeconsultinggroup.in/ https://primeconsultinggroup.in/product/know-your-enemy-within-bridging-knowledge-and-practice-enhance-employability-realise-your-worth-for-mbas-aspiring-mbas-budding-achievers/ On Wed, 13 Dec 2023 at 17:39, Sudesh Rai wrote: > more  
Dire situation more  
Everyone wants to get into IT and the latest and greatest technologies. Earlier it was doctor or engineer. Now it is IT. In today's world there is a wide spectrum of areas of learning and work. Instead of pushing their wards to IT or the standard courses, parents should look at the interests of the their wards and enable them to pursue the courses they want. As for the IT courses, the less said the better. The quality is pathetic (talking from experience of assessing candidates and also conducting courses for students). more  
Post a Comment

Related Posts

    • Excellent work on airfare reduction to Mahakumbh

      I want to sincerely commend all members and LC manager for getting airfares to Prayagraj reduced from 25-35K to 10-15K range. Honestly for the first time I understood what the collective...

      By Sanjit Jha
      /
    • Rupee in free fall crossing 87

      In the last 5 years: - Nifty 50 has given 93% returns - INR has depreciated to USD by 37% - So dollar adjusted returns= 56% - Adjust for GST, STT, Capital Gains etc= 4...

      By Vijaya Nair
      /
    • Govt acts on LC demand gives tax relief

      New Tax Slab Rates in the New Tax Regime announced !! Total Income - Tax Rate Up to 12,00,000 - Nil 4,00,001 to 8,00,000 - 5% 8,00,001 to 12,00,000 - 10% 12...

      By RN Chopra
      /
    • Congratulations circle members on insurance premium increase capping

      Big congratulations to all senior citizen members and LC manager who since 2020 have been complaining about massive increase in health premiums by insurance companies. Your efforts have bourne frui...

      By Amit Mishra
      /
    • Mahakumbh Loots

      Airfares to Mahakumbh are basically airlines charging like 3-10 times as found in our circles survey

      By Aditya Saxena
      /
    • Ridiculous ideas of Government

      We are all seeing how aviation ministry is permitting loot by airlines on travel to Mahakumbh. In other developments "Mumbai explores ban on Petrol & diesel vehicles!" So more elect...

      By Ajay Dutta
      /
    • India’s Competitiveness

      US is amazing at inventing advanced tech and agriculture but sucks at making boring stuff like zippers, glass, bulbs and ball bearings. Japan and South Korea does amazing iagriculture an...

      By Ajay Dutta
      /
    • Airfare loot with Aviation ministry wearing sunglasses

      Great report LC Manager on the airline loot that is being supported by the aviation ministry and DGCA. There is literally no one to fight for consumers. I can understand excessive fare being charge...

      By Sudesh Rai
      /
    • Addressing Concerns on Airfare During Kumbh Mela:

      We have recently come across posts highlighting the exorbitant and unrealistic airfare structures for the Kumbh Mela. The term "LOOT" has understandably been used to describe this situation. While ...

      By Jayakumar Daniel
      /
    • Airline loot continues

      Government aviation minister and babus sleep or get VIP service for themselves may be. Delhi to Banaras for 37000. Shame on every regulator. Shame on airlines. We should drive from Delhi...

      By Vijaya Nair
      /
    • Financial calls to reduce 1600 and 1400 official numbers

      According to the RBI's latest directive, banks are now only permitted to use phone numbers that start with 1600 for all transaction-related calls. In other words, if you receive a call claiming to ...

      By Radhika Maheshwari
      /
Share
Enter your email and mobile number and we will send you the instructions

Note - The email can sometime gets delivered to the spam folder, so the instruction will be send to your mobile as well

All My Circles
Invite to
(Maximum 500 email ids allowed.)