IITs make some changes in their placement policies
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IITs are making minor changes in their placements policies to ensure students don’t face a similar situation this year PSUs that were missed for few years, will comeback for campus placements The move comes after a few start-ups revoked job offers of students .Not many start-ups are hiring due to fund crunch in the.
A placement co-ordinator at IIT-Delhi, Shefali Jindal, said that the institute will be seeking joining dates on company registration forms itself. “Though they always gave tentative dates, we are plan to get them in writing,” she said. She said that they had a very unfortunate case on the campus last year, when a student who had a loan burden, bagged an offer with a pay package of Rs 12 lakh per annumm, but was rendered jobless after his offer was revoked.
The head of the placement committee at IIT-Kharagpur, Shovan Panigrahi, said that the start-ups plan for a period of 18 months and due to the fund crunch, they do not wish to take chances. On the contrary, the institute in Kharagpur, has increased its focus on the PSUs.
“Till now we have invited about 90 firms from various sectors in manufacturing, fabrication, metal, electrical, etc,” said Panigrahi. IIT-Bombay and IIT-Delhi too will be having several PSUs visiting the campus during the first phase of the placement season this yeardepending on their availability.
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