Ad Here  
October
November
December
January
February
March
 
 
Adapt Vajpayee dinner diplomacy Plummeting profits of PSBs A glass full of corruption R Sridhar steps down as CEO of Shriram Capital A welcome initiative by the judiciary Fortune 500 review The Ports’ Pasha expands into Tamil Nadu Bihar – Nitish Kumar adopts the Lalu model Welcome thrust on trade in Modi’s foreign visits... A Grand Finale for SN’s MS centenary at the US… Secularism and anti-Hinduism Delhi is distant… How Air-India loses customs... IPL - no surprise this scam TGS- The king storyteller CIPET hqrs to stay at Guindy – for the present? Modi storms Silicon Valley Paytm karo... Boy, can you beat these? Put expensive assets created to use... Demise of a media baron... Another Indian music maestro at the UN L&T: focus on infrastructure and more infrastructure… Should we change the official year? Build close rapport with business leaders A more liberated TN… Muffled voices for merit… Measuring roof tops in terms of KW/MW S Ramanathan – a versatile musician, musicologist Towards speedy justice The star of Spencers is no more Tatas moving out of urea production... The why of tax incentives Poor quality of university VCs This scant respect for Law A C Muthiah – his munificent bequeaths to science Welcome changes that testify to Jayalalithaa’s return to health Russi Mody – a tribute Where is Rajaji? CRS, a jewel among managers, is no more. Airlines in India: cost and space EVM is tamper-proof Haul over the coal GM Technology at last! Mu Sigma – is no more Dr C Rangarajan returns to Chennai Why this malaise in medical education? Parliament in paralysis... Robber barons everywhere Eternal support for capitalisation of PS banks Nuclear power at the nucleus When online building permits work…. to the lack of interest on the part of these to focus on original research. This despite the much lower costs of such research in India. The industry which thrived on the protection of a closed economy and the advantage of a vast domestic market, has failed to organise its evolution on healthy lines Medical costs hit the roof... Limit foreign borrowings to hi-tech, export potential projects... Delhi is distant The brown list of Venkitaramanan Inflation: are we emulating Argentina and Brazil? Waning interest in public discussions… PPP mode for upgrading Corporation Hospitals Tihar, Puzhal not different from Parappana Agrahara A yen for wastage… Road development slows down The Gulf aviation boom The Jan Dhan bonanza Music happens Noble nonagenarians... Engineering seats go abegging Tatas moving out of urea production... When Ratan Tata visited SRM Marketing expert Balagopal is no more Moily’s bold thrust The nuclear option An enemy’s enemy is a friend Reliance’s TV – 18 ready to launch Tamil News Channel CII projects higher growth… Alexa – Talking Wikipedia WTO Meet: resolved to meet again Excel Generators provide the vital back-up Tribute There was flood of milk. Reason: no milk commissioner! Odisha: spectacular win by Naveen Patnaik Tribute – M V Murugappan The rise and fall of Annamalai University Whistle-Stop Tour of Raghuram Rajan Sweet news for TN sugar mills More heat than light Of course, Gujarat is vibrant When TN politicians can emulate Kerala's More Shakthi to Das’ elbow Welcome focus on core competence Roaring Ro-Ro facility Shale gas and its shallow future Focus on quality of power - its only around 170-180V TN-leverage strength of BHEL, NLC... No engine for this car TIAM turns a full cycle Scientists urged to take up farmer-oriented research When the President was rendered homeless… TN accounts for the largest recruits by the IT sector Modi and the lady Shaming of Tamils by Tamil farmers at Delhi Valli, they are more marginalised Things happen by accident and not by design... Welcome GST Rahman at CIC Lesson from Chandrababu Naidu The ‘Ayyo-yes’ is no more Return to king coal for urea... A Grand Finale for SN’s MS centenary at the US… Delhi returns to BJP Quality silica from Neyveli The ‘Jayanthi Tax.’ Online not in line with brick and mortar businesses... The power-full Hindujas Pharma – overdose of copying For whom the MIDS bell tolls? Polls and promises More tributes to GR Readers' Mail Revving up the manufacturing sector Make standards certification mandatory... Computation of GDP – conundrums continue TELANGANA at last…BUT Recognition to role of NBFCs.... Shipping woes of Chennai companies Which side are you, Montek? Gas is the way forward Funding the un-funded S V Raju – a ‘good’ true liberal Why land prices zoom in TN? Quality education through the PPP mode PC’s preference for professionals West Bengal: mindless malignancy Editor's Notes A friendly business group Diamond jubilee of Egmore Samskrt School Lalu’s envy, India’s pride The Swadeshi Trump Where a state respects its litterateurs… Fuel for thought Come elections, come advertisements... Multi-faceted Venkat China invests in India Kinetic Karnataka The few handicaps... Air Asia India will set new benchmarks for budget travel Making ‘my Amaravati’... An inexplicable neglect Delhi Chalo... Shanti and Sadhana through Music Wanted: a second airport for Chennai ONGC at KG Basin For whom the bell tolls? All eyes on Sankara Nethralaya Intellectual of rare qualities Land reclamation from sea appears cheaper! Like Hinduism: many paths to reach God... Banning booze... Not just in-laws (and outlaws); they’ve renowned academics at the helm! …and of a popular trade leader Silver Years of Madras Musings The rise and rise of KCP Rs.1600 crore paper board plant of TNPL The balancing act No Maha Koottani in TN... Five star activism stalls development activity He saved millions from starvation... B H Kothari - a tribute Wise Presidents CSR and CMI: promise of another Srinivasan Ramanujan... Align crops to agro climate endowments… Sweeter prospects for sugar Auto components surge… Tough task taking states together Building loyalty through the stomach London, London Narayan Godspeed, Chief Minister JJ Padma Bhushan for A Ramakrishna Cleaning Ganga – relocate tanneries and install electric crematoria When nations steal growth from one another… A rich pool of talent not utilised…. The sea- saw battle continues... Strengthen the base... EEC at the National Media Centre Don’t seem to feel the pulse… Protest masters... When small is no larger beautiful.. MHC should not return to its old indisciplined ways Tribute – Manikam Ramaswami Infrastructure funding – lessons learnt Vibrant Gujarat Cement prices continue to rise… Kulandai was a giant Cutting the nose to spite the face Breaththrough in malaria control Preserving for the future Tribute – UCAL Selvan… Solar thermal shines… A think tank for Chennai Chennai and Kolkata miss opportunity to grow as Delhi and Mumbai Convulsions in The Hindu Maximising the micro pricing … More Shakti to resource mobilisation... TN – agglomerate land holdings without alienating ownership Editor's Says SoA @ 80 Remembering Indira Sivasailam... Varuna (rain) in 2015; Vaayu (air) in 2016. Chennai devastated Mersal magnified A professional at the helm of IRDA... Permanent secretariat for TN GIM IPL type auction for VCs? Naidu will soon build a new Hyderabad Fortune for Indian Airlines L&T- the specialty of special purpose vehicles Insurance companies bleeding, yet no decision on increasing FDI limit! Tax agriculture Contrarian cousins Streamlining mandatory third party cover Telangana in top gear… No mega rail project for Tamil Nadu Naidu’s return augurs well for Seemandhra Small units prefers to remain small... Adharma of opposition politics New IT products of Ramco in the pipeline… GNS - 100: our first subscriber An informal presentation - analytical, forward locking... Increasing non co-operation of state leaders A proud Madrasi Sri Lanka votes for change F C Kohli - his concerns all embracing IAS invades NDDB... Kudos to NDTV... He continues the focus on social amelioration Fall in crude prices help in oil sector reform Discoms deserve better… Bihar elections - the Rajaji formula worked Solar, solar everywhere … Gay abandon in pricing Revive development banks... Poor representation for Kerala and TN in Cabinet Colour-Chem’s colourful KRVS Liberal imports idling indigenous capacities
 
Engineering seats go abegging

The present stagnation in the job market has its direct impact on demand for seats in engineering colleges. IT giants like HCL, which recruited through campus interviews in 2011, have not been able to provide the jobs promised this year and are also not very enthusiastic about recruiting fresh hands. The result is a large number of engineering seats going vacant.

In Tamil Nadu, when the counseling for engineering college admissions ended, there were reports of 40 per cent of seats remaining vacant – 80,689 out of 2.05 lakh seats on offer. In contrast to the hefty demand for such seats for several years, today a number of colleges experience almost no demand.

 A major reason is the indiscriminate increase in the number of seats: over the last four years, 2009 to 2013, the number of seats offered increased from 78,664 to 124,774; but with the saturation, the slow- down in the economy and similar large growth in seats offered in neighbouring states, there has been a steep increase in seats remaining vacant: from 31,165 in 2009 to 80,689 in 2013.

Tamil Nadu has over 540 engineering colleges. Excepting the top few, most others do not have the requisite infrastructure in terms of lab facilities and qualified teaching staff. Understandably, the demand for admissions in these colleges has been extremely poor. In the state, the field is dominated not so much by people with academic credentials, but politicians with varied business interests. With the stipulation of a minimum acreage and building infrastructure, a large number of promoters are from the real estate business.

 Understandably, there is widespread demand for capitation fees in black money. Thousands of crores of rupees are collected. It is sad that the government machinery has not been able to tackle this menace.

P Chidambaram as Finance Minister attempted to monitor the transactions closely. But the imposition of a fine of even a couple of hundred crores of rupees is no deterrent and promoters of such institutions have diversified their business interests over vast areas.

 With the close nexus between these promoters and policy makers at the state level, the system has come to stay. Everybody is aware of the extent of capitation fees and the corruption involved in admissions, but little corrective action could be taken.  The result is falling standards and unemployable products coming out of such institutions. The cancer has spread so deep that it is so difficult to correct it.

Author :
Reported On :
Sector :
Shoulder :
RELATED NEWS
ABOUT IE
IE, the business magazine from south was launched in 1968 and pioneered business journalism in south. Through the 45 years IE has been focusing on well-presented and well-researched articles. When giants in the industry stumbled to keep pace with the digital revolution, IE stayed affixed embracing technology.
Read more
 
PRIVACY POLICY
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
TERMS AND CONDITIONS
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
 
CONTACT US
S-15, Industrial Estate,
Guindy,
Chennai - 600 032.
PHONE: +91 44 22501236
EMAIL: indecom1968@gmail.com