Monday, October 9, 2017

PSUs to be preferred over MNCs at IIT placement season this year: Report

STATE-run PSUs will get a preview of talent at Indian Institutes of Technology this placement season, and a chance to make their picks before multinationals and new-age companies descend on the campuses with fat pay packets to entice students.
According to a report in a national daily, preponing the date of December 1, top IITs have decided to open a window next month exclusively...
for PSUs and agencies such as the Indian Space Research Organisation to visit their campuses. PSUs like ONGC, NTPC, SAIL, GAIL, IOC are preferred by students in top IITs.
For students, this will be an opportunity to work for prestigious Indian organisations in core engineering sectors and in projects such as Make in India and Smart Cities.
Despite salaries being less compared with private companies and no stock options on offer, students are showing increasing interest towards working in the government sector and be part of the nation’s transformation journey.
“From this year, we want to give students the first chance to work at PSUs or PSEs even before the placements begin. In the earlier years, we never invited any company before December,” a top IIT-Kharagpur official was quoted as telling the daily. This is an extension of the efforts that IITs have been putting in to increase the involvement of the core sector, where PSUs are among the biggest players, in placement programmes.
The trend started in 2015, with Kharagpur, BHU, Delhi, Roorkee, Guwahati, Bombay and Madras IITs inviting PSUs like Oil & Natural Gas Corporation, Bharat Petroleum Corp, Bharat Electronics, Coal India and space agency ISRO to their campuses in the first week of December.
The response had been encouraging from both students and companies. The number of students taking government jobs is still small but is growing, they said.
Last year, 27 out of 1,114 job offers that students at IIT-Bombay got were from PSUs and other government organisations, while at IIT-BHU, those were 53 out of 708. At Kharagpur, PSUs made 80 out of the 1,400-odd job offers that students of the last batch received.
Government initiatives of greenfield projects like Make in India, Smart Cities are attracting the young talent from IITs and other engineering colleges to state-run organisations. 

No comments:

Post a Comment