The chairman further explained that due to large number of engineering colleges propping up in the last decade, supply of B.Tech graduates has far outnumbered demand.
With 2.6 lakh seats, the country witnessed the largest fall in the number of engineering seats ever.
The 2003 UR Rao Committee had alerted the government of an excess supply of engineering graduates in the country. However, the recommendations of the report are yet to be formally adopted by the government.
The Rao committee had recommended a five-year moratorium on approvals for undergraduate technical institutions in states where the student intake exceeded the then national average of 150 seats per million population.
The number of vacant engineering seats has risen by approximately 35 percent in the last 5 years. However, new engineering colleges do not seize to mushroom.
As a lure for parents and students, almost all colleges promise 100 percent campus placements, however only four out of ten engineering graduates find jobs.
According to latest data hosted on AICTE’s official website, only 41.36 percent students who graduated from engineering colleges across India found jobs during placements for the academic year 2015-16. The numbers are further surprising because the passing percentage across all engineering colleges for that year was a high 78.67 percent. Therefore, more students passing examinations is not directly proportional to the likelihood of being employed.
While passing percentage in engineering colleges has been rising in the last five years, the number of placements has been hovering around similar figures with a dismal 38.17 percent in the academic year 2013-14.
According to a 2016 report by job skills credentialing company Aspire Minds, nearly 80 percent of engineering graduates in India are not employable. Most of them are forced to take up jobs in non-engineering fields or remain unemployed.
The major reason behind IT reducing the number of intakes is automation. Experts are of the opinion that four out of every 10 jobs globally would be lost due to this by 2021.
The lack of good infrastructure in colleges was elaborated by Nasscom President R Chandrashekhar.
“There is a perennial problem about the quality of (engineering) students. Over a period of time, the linearity between revenue and headcount growth in the IT sector has disappeared. Apart from global factors like changes in the economies of many countries and protectionism, there has been an increase in the levels of automation, and companies need to respond to these changes and hire accordingly.”
The chairman further explained that due to large number of engineering colleges propping up in the last decade, supply of B.Tech graduates has far outnumbered demand.
With 2.6 lakh seats, the country witnessed the largest fall in the number of engineering seats ever.
The 2003 UR Rao Committee had alerted the government of an excess supply of engineering graduates in the country. However, the recommendations of the report are yet to be formally adopted by the government.
The Rao committee had recommended a five-year moratorium on approvals for undergraduate technical institutions in states where the student intake exceeded the then national average of 150 seats per million population.
The number of vacant engineering seats has risen by approximately 35 percent in the last 5 years. However, new engineering colleges do not seize to mushroom.
As a lure for parents and students, almost all colleges promise 100 percent campus placements, however only four out of ten engineering graduates find jobs.
According to latest data hosted on AICTE’s official website, only 41.36 percent students who graduated from engineering colleges across India found jobs during placements for the academic year 2015-16. The numbers are further surprising because the passing percentage across all engineering colleges for that year was a high 78.67 percent. Therefore, more students passing examinations is not directly proportional to the likelihood of being employed.
While passing percentage in engineering colleges has been rising in the last five years, the number of placements has been hovering around similar figures with a dismal 38.17 percent in the academic year 2013-14.
According to a 2016 report by job skills credentialing company Aspire Minds, nearly 80 percent of engineering graduates in India are not employable. Most of them are forced to take up jobs in non-engineering fields or remain unemployed.
The major reason behind IT reducing the number of intakes is automation. Experts are of the opinion that four out of every 10 jobs globally would be lost due to this by 2021.
The lack of good infrastructure in colleges was elaborated by Nasscom President R Chandrashekhar.
“There is a perennial problem about the quality of (engineering) students. Over a period of time, the linearity between revenue and headcount growth in the IT sector has disappeared. Apart from global factors like changes in the economies of many countries and protectionism, there has been an increase in the levels of automation, and companies need to respond to these changes and hire accordingly.”