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It is learnt that a few of the MTech students from IIT-Bombay who had bagged a lucrative jobs in a PSU in December 2011, are still awaiting their appointment letter even eight months have passed, since their selection on the campus. Many from the class of 2012 who were placed earlier this year face the same conundrum.
Since the PSU that hired them was an A grade company, they couldn’t appear for another interview, and the company also has so far not withdrawn their offer letters, leaving the students in confusion. The insecurity that each of these hired-but-jobless students is living through each day stems from the Madras high court restraining PSUs from hiring through campus placements in February.
Around seven PSUs had come to recruit students at IIT-B between December 2011 and February 2012, out of which four were among A grade employers as decided by the institute’s policy. Around 25 students received offer letters from these PSUs. In IIT-Madras, which is one of the respondents in the petition, the appointments of some 10-20 students placed in PSUs before February have been put on hold.
At the 30 National Institutes of Technology where placement is still on, lack of clarity on which organization can participate during campus recruitment is leading to a lot of confusion. For instance, a telecom firm from Bangalore was slated to visit NIT-Nagpur, in the coming week, but the institute decided to cancel all the interview slots allotted to it. Sources said the firm informed the college that it was not a PSU and hence unaffected by the Madras HC stay, yet the institute, “in the interest of students”, felt all government organizations should be kept out of the process this year.
Full Report : TOI