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Build close rapport with business leaders Eternal support for capitalisation of PS banks Godspeed, Chief Minister JJ SoA @ 80 Of course, Gujarat is vibrant No mega rail project for Tamil Nadu This scant respect for Law For whom the MIDS bell tolls? Poor representation for Kerala and TN in Cabinet Why land prices zoom in TN? A proud Madrasi Funding the un-funded Cement prices continue to rise… Welcome changes that testify to Jayalalithaa’s return to health The power-full Hindujas Not just in-laws (and outlaws); they’ve renowned academics at the helm! Permanent secretariat for TN GIM The nuclear option No engine for this car Preserving for the future 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 Quality education through the PPP mode Odisha: spectacular win by Naveen Patnaik Plummeting profits of PSBs Quality silica from Neyveli Medical costs hit the roof... Shaming of Tamils by Tamil farmers at Delhi Adapt Vajpayee dinner diplomacy For whom the bell tolls? Music happens Air Asia India will set new benchmarks for budget travel Tough task taking states together He continues the focus on social amelioration Pharma – overdose of copying West Bengal: mindless malignancy Diamond jubilee of Egmore Samskrt School CII projects higher growth… More heat than light Measuring roof tops in terms of KW/MW Haul over the coal He saved millions from starvation... Return to king coal for urea... 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A friendly business group Intellectual of rare qualities Parliament in paralysis... Recognition to role of NBFCs.... PPP mode for upgrading Corporation Hospitals Align crops to agro climate endowments… Paytm karo... An inexplicable neglect Kulandai was a giant Editor's Says Rahman at CIC Making ‘my Amaravati’... More tributes to GR Revive development banks... Cutting the nose to spite the face Padma Bhushan for A Ramakrishna Shipping woes of Chennai companies Wanted: a second airport for Chennai No Maha Koottani in TN... Infrastructure funding – lessons learnt Whistle-Stop Tour of Raghuram Rajan Muffled voices for merit… TN – agglomerate land holdings without alienating ownership The why of tax incentives Gay abandon in pricing EVM is tamper-proof Don’t seem to feel the pulse… Kinetic Karnataka Lesson from Chandrababu Naidu Adharma of opposition politics Mu Sigma – is no more Excel Generators provide the vital back-up Valli, they are more marginalised The Ports’ Pasha expands into Tamil Nadu China invests in India Fuel for thought Mersal magnified Wise Presidents The balancing act When online building permits work…. Poor quality of university VCs A yen for wastage… CIPET hqrs to stay at Guindy – for the present? A rich pool of talent not utilised…. Limit foreign borrowings to hi-tech, export potential projects... When the President was rendered homeless… The few handicaps... Welcome thrust on trade in Modi’s foreign visits... Tatas moving out of urea production... 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The ‘Jayanthi Tax.’ New IT products of Ramco in the pipeline… S Ramanathan – a versatile musician, musicologist Shale gas and its shallow future Dr C Rangarajan returns to Chennai Fortune 500 review Lalu’s envy, India’s pride Moily’s bold thrust PC’s preference for professionals The star of Spencers is no more IAS invades NDDB... Varuna (rain) in 2015; Vaayu (air) in 2016. Chennai devastated Kudos to NDTV... Modi storms Silicon Valley Welcome focus on core competence IPL type auction for VCs? Where is Rajaji? F C Kohli - his concerns all embracing Gas is the way forward Solar, solar everywhere … Tatas moving out of urea production... B H Kothari - a tribute More Shakti to resource mobilisation... Why this malaise in medical education? IPL - no surprise this scam Welcome GST CRS, a jewel among managers, is no more. Delhi Chalo... Airlines in India: cost and space Engineering seats go abegging Online not in line with brick and mortar businesses... A welcome initiative by the judiciary Alexa – Talking Wikipedia Russi Mody – a tribute Computation of GDP – conundrums continue A Grand Finale for SN’s MS centenary at the US… Multi-faceted Venkat The Gulf aviation boom Put expensive assets created to use... Fall in crude prices help in oil sector reform The rise and rise of KCP Liberal imports idling indigenous capacities Delhi is distant… A more liberated TN… Roaring Ro-Ro facility Towards speedy justice Things happen by accident and not by design... Naidu’s return augurs well for Seemandhra Discoms deserve better…
 
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.

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