Only 10% of Engineers to receive placements this year
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Of the 15 lakhs who are graduating from engineering streams only 10% are said to be placed this season with majority rejected ones are, squarely unskilled
Not to forget the already unemployed engineers from past batches and those who got laid off ... Its scary scenario to say the least
That's where enormous applications to sub c grade employment openings get record applications despite doesn't require one to have a technical education
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supply vs demand xD (law of economics plays a vital role in job as well)
supply more demand less
so less purchase value (hence less value for engineers) xD
Its not exactly a Supply v/s Demand issue, i.e. more supply less demand. Its more of what is required v/s what we churn out.
With rapid technological advancements, our education system needs a hard reset. They should include Industry-Relevant Skills in the curriculum.
@HasdaChehra
@DEEPANGEORGE