What avails an IIT certificates? Placement gaps, wage stagnation at NITs, IIITS too

He additionally cited knowledge to assert that 23 of 25 IIITs witnessed a drop in placements in 2023–24 in comparison with 2021–22, whereas 16 of them noticed a decline of over 10 share factors.

Between 2022–23 and 2023–24, Ramesh claimed, 27 of the 31 NITs recorded a fall in common wage packages supplied to engineering graduates.

He stated the info exhibits that three of those institutes noticed the typical package deal decline by over Rs 3 lakh each year.

In the identical interval, the variety of college students positioned at 31 NITs additionally dropped from 18,957 to 16,915, marking a lower of 10.77 per cent, Ramesh stated citing knowledge.

“The IITs are the nation’s premier establishments for engineering, with probably the most aggressive admission processes that entice the very best of school and college students. Furthermore, engineering is taken into account to be among the many most marketable of all levels.

“If one-fifth of the engineers at IITs are unable to seek out jobs, it raises concern over how the bigger inhabitants of educated youth on this nation is ready to safe employment.

“Certainly, the truth that NITs and IIITs are additionally seeing a decline in placements factors to a large-scale stagnation in job markets,” the Congress chief stated in a press release.