Ad Here  
Mersal magnified Dr C Rangarajan returns to Chennai Boy, can you beat these? For whom the bell tolls? Tatas moving out of urea production... Things happen by accident and not by design... Demise of a media baron... Kinetic Karnataka How Air-India loses customs... Cleaning Ganga – relocate tanneries and install electric crematoria Sweet news for TN sugar mills PC’s preference for professionals Paytm karo... Fortune 500 review Contrarian cousins Cutting the nose to spite the face Insurance companies bleeding, yet no decision on increasing FDI limit! Muffled voices for merit… This scant respect for Law An inexplicable neglect Nuclear power at the nucleus Tough task taking states together Small units prefers to remain small... Tribute – M V Murugappan Telangana in top gear… Delhi is distant… Modi and the lady When small is no larger beautiful.. Shanti and Sadhana through Music Russi Mody – a tribute R Sridhar steps down as CEO of Shriram Capital Air Asia India will set new benchmarks for budget travel Noble nonagenarians... Banning booze... Waning interest in public discussions… Pharma – overdose of copying Reliance’s TV – 18 ready to launch Tamil News Channel Chennai and Kolkata miss opportunity to grow as Delhi and Mumbai TN accounts for the largest recruits by the IT sector CII projects higher growth… A friendly business group Put expensive assets created to use... A yen for wastage… Sweeter prospects for sugar Scientists urged to take up farmer-oriented research Modi storms Silicon Valley When the President was rendered homeless… Infrastructure funding – lessons learnt Roaring Ro-Ro facility TGS- The king storyteller Varuna (rain) in 2015; Vaayu (air) in 2016. Chennai devastated Permanent secretariat for TN GIM Measuring roof tops in terms of KW/MW Bihar elections - the Rajaji formula worked Breaththrough in malaria control Not just in-laws (and outlaws); they’ve renowned academics at the helm! Funding the un-funded Readers' Mail The balancing act Computation of GDP – conundrums continue No mega rail project for Tamil Nadu There was flood of milk. Reason: no milk commissioner! Quality education through the PPP mode Eternal support for capitalisation of PS banks An enemy’s enemy is a friend He saved millions from starvation... GM Technology at last! Limit foreign borrowings to hi-tech, export potential projects... B H Kothari - a tribute Lesson from Chandrababu Naidu Tribute Valli, they are more marginalised Moily’s bold thrust CRS, a jewel among managers, is no more. When online building permits work…. Adapt Vajpayee dinner diplomacy L&T: focus on infrastructure and more infrastructure… A proud Madrasi Robber barons everywhere Tihar, Puzhal not different from Parappana Agrahara Protest masters... Padma Bhushan for A Ramakrishna Strengthen the base... Revive development banks... All eyes on Sankara Nethralaya Welcome changes that testify to Jayalalithaa’s return to health PPP mode for upgrading Corporation Hospitals Tribute – UCAL Selvan… Gas is the way forward Parliament in paralysis... EEC at the National Media Centre An informal presentation - analytical, forward locking... Bihar – Nitish Kumar adopts the Lalu model Whistle-Stop Tour of Raghuram Rajan S Ramanathan – a versatile musician, musicologist Tatas moving out of urea production... Engineering seats go abegging Delhi returns to BJP China invests in India The brown list of Venkitaramanan EVM is tamper-proof Colour-Chem’s colourful KRVS Recognition to role of NBFCs.... The nuclear option Like Hinduism: many paths to reach God... Why land prices zoom in TN? A glass full of corruption More Shakti to resource mobilisation... More tributes to GR IPL type auction for VCs? Rahman at CIC A professional at the helm of IRDA... The Swadeshi Trump Godspeed, Chief Minister JJ Multi-faceted Venkat Welcome thrust on trade in Modi’s foreign visits... Maximising the micro pricing … Rs.1600 crore paper board plant of TNPL Mu Sigma – is no more CIPET hqrs to stay at Guindy – for the present? Which side are you, Montek? No engine for this car The rise and fall of Annamalai University For whom the MIDS bell tolls? When Ratan Tata visited SRM Why this malaise in medical education? Poor representation for Kerala and TN in Cabinet IAS invades NDDB... Where a state respects its litterateurs… Come elections, come advertisements... Five star activism stalls development activity Delhi Chalo... When TN politicians can emulate Kerala's S V Raju – a ‘good’ true liberal Solar, solar everywhere … A more liberated TN… ONGC at KG Basin He continues the focus on social amelioration Cement prices continue to rise… Delhi is distant Sri Lanka votes for change Diamond jubilee of Egmore Samskrt School Towards speedy justice When nations steal growth from one another… MHC should not return to its old indisciplined ways SoA @ 80 Odisha: spectacular win by Naveen Patnaik TN – agglomerate land holdings without alienating ownership Shipping woes of Chennai companies A Grand Finale for SN’s MS centenary at the US… TN-leverage strength of BHEL, NLC... Wanted: a second airport for Chennai Making ‘my Amaravati’... Fuel for thought Online not in line with brick and mortar businesses... Medical costs hit the roof... Secularism and anti-Hinduism Don’t seem to feel the pulse… Should we change the official year? Make standards certification mandatory... Inflation: are we emulating Argentina and Brazil? Where is Rajaji? CSR and CMI: promise of another Srinivasan Ramanujan... IPL - no surprise this scam Kudos to NDTV... Music happens Land reclamation from sea appears cheaper! Building loyalty through the stomach Gay abandon in pricing Another Indian music maestro at the UN The power-full Hindujas Editor's Notes 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 GNS - 100: our first subscriber More heat than light Welcome focus on core competence Naidu’s return augurs well for Seemandhra Poor quality of university VCs Quality silica from Neyveli Vibrant Gujarat Discoms deserve better… Wise Presidents Align crops to agro climate endowments… Liberal imports idling indigenous capacities New IT products of Ramco in the pipeline… The rise and rise of KCP The star of Spencers is no more Polls and promises Plummeting profits of PSBs Auto components surge… Revving up the manufacturing sector Tax agriculture Increasing non co-operation of state leaders L&T- the specialty of special purpose vehicles Solar thermal shines… Shale gas and its shallow future Of course, Gujarat is vibrant Convulsions in The Hindu Build close rapport with business leaders WTO Meet: resolved to meet again Lalu’s envy, India’s pride The why of tax incentives Alexa – Talking Wikipedia Silver Years of Madras Musings Adharma of opposition politics TIAM turns a full cycle A think tank for Chennai F C Kohli - his concerns all embracing Excel Generators provide the vital back-up More Shakthi to Das’ elbow Editor's Says Streamlining mandatory third party cover Intellectual of rare qualities …and of a popular trade leader The sea- saw battle continues... Focus on quality of power - its only around 170-180V The ‘Jayanthi Tax.’ London, London Narayan A rich pool of talent not utilised…. A C Muthiah – his munificent bequeaths to science Return to king coal for urea... Road development slows down A welcome initiative by the judiciary The Jan Dhan bonanza TELANGANA at last…BUT The few handicaps... Fortune for Indian Airlines Kulandai was a giant Marketing expert Balagopal is no more Tribute – Manikam Ramaswami Airlines in India: cost and space Haul over the coal Preserving for the future Welcome GST Naidu will soon build a new Hyderabad The ‘Ayyo-yes’ is no more Fall in crude prices help in oil sector reform A Grand Finale for SN’s MS centenary at the US… No Maha Koottani in TN... Shaming of Tamils by Tamil farmers at Delhi The Gulf aviation boom The Ports’ Pasha expands into Tamil Nadu Remembering Indira Sivasailam... West Bengal: mindless malignancy
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 :
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
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
S-15, Industrial Estate,
Chennai - 600 032.
PHONE: +91 44 22501236