Alarm bells for engineering, MBA students: AICTE chief says jobs are drying up in IT, BPO sectors

In 2016-17, more than half of MBA graduates could not get hired in campus placements, as per AICTE data. Last year, a study by employability assessment company, Aspiring Minds, claimed that 95 per cent of engineers in the country were not fit for jobs.
Industry veterans have also warned about unskilled Indian youth. Recently, CP Gurnani, CEO & MD of Tech Mahindra said that 94 per cent of engineering graduated were not fit for hiring, while chairman of Manipal Global Education, TV Mohandas Pai claimed that the country has 10 crore people in the 21-35 age-group with bad skills, who are unsuited for the economy.