The central government is looking to spend above an amount of Rs20,000 crore to build six new Indian Institutes of Technology (IITs). This was first announced in 2015.
–Rs7,000 crore will be spent in the first phase ending in March 2020
— The rest over the next four years ending in March 2024, informed an official on condition of anonymity.
— In December 2015, the Union cabinet cleared the proposal to open six new IITs in Andhra Pradesh, Kerala, Karnataka, Chhattisgarh, Goa and Jammu and Kashmir
— Six new IITs will operate from makeshift campuses in these states
“Land for six new IITs has already been procured and states’ cooperation this time is good. Once the EFC approval comes, things will pick up,” an official said on condition of anonymity.
HURDLES SO FAR
During the 11th Five Year Plan, which ended in march 2012, the previous UPA government had estimated to spend over Rs6,000 crore for eight new IITs. But delays in land procurement, construction and inflation pushed up costs to Rs14,000 crore.
A professor from an older IIT closely associated with the establishment of new IITs said timely funding is the key. Thus states must give land to the HRD ministry for the purpose and that too at the earliest.
“The upcoming new education policy must make it clear that new higher educational institutions should not be delayed beyond a certain time limit. Else, the intention of establishing IITs and similar institutes gets diluted. It’s not just a finance issue, but also a bigger academic issue,” said Narayan Ramaswamy, partner education practice at consulting firm KPMG.
Survive layoffs – How to survive the layoffs in the I.T. industry
Given the layoffs in IT industry, it’s important to keep in mind and understand skills that are becoming outdated and being replaced by new skills which are highly in-demand.
Jobs in fields such as manual testing, tech support, system administration have become outdated and are being effected by the developments in the field of A.I, machine learning, automation and robotics process automation based systems.
Moreover, with newer developments in artificial intelligence (AI), robotic process automation and cloud computing, which help complete the job with less manpower, software companies are now having to reconsider their strategies.
Furthermore many software developers are at the verge of losing their jobs as they fail to upgrade their knowledge to newer technologies. With AI based platforms that automatically make your website come into existence, web designers are going to get hit hard. Many other programmers might feel the heat too from these automated development platforms.
However, there is surge in demand for latest and innovative technologies like data science, artificial intelligence, hardware product programming, machine learning and digital marketing. These are the fields where demand is higher than supply and hence people with these skills can get a premium on their salaries.
In fact, some of the sources that provide good skill based courses along with their fees are as follows : –
▪ Training + Certification (Around 35000 to 45000)
▪ Training at free or nominal pricing, Certificate at around $350 from renowned university
▪ Universities and offline training institute are also offering these courses
At this point, you must be thinking about the R.O.I of these courses.
Job cuts in Indian I.T. companies will be 1.75 -2 lakh per year in next 3 years, due to under- preparedness in adapting newer technologies hence it is better to invest money right now and be prepared for the future jobs, rather than thinking of R.O.I of the certification program. Although, as mentioned, due to lack of skilled individuals, people equipped with these skills can charge a premium in terms of salary.
Furthermore, in my opinion, one must have the 3 Cs to sustain in the uncertain Job Scenarios :-
▪ Complex Problem Solving Skills which involves computational thinking and solving real time problem
▪ Creativity & Innovation
▪ Critical thinking
If you are in the I.T. industry, get started in new domains which can lead to employability. Furthermore, just knowing the basics isn’t going to cut it. People need to establish themselves as authority in their chosen field and have expertise in it.
Furthermore, the Trump administration has been cited as one of the major reasons behind the layoffs. It won’t be right to blame Trump, for he has fulfilled the election promise of giving jobs to local people including IT professionals by tightening H1-B visa norms, which were being misused by companies by paying less to foreign professionals working in US. It is for companies to tackle the situation, and such situation they have undergone in previous years. It is not new for them. They know to tide over it or at least this time, need to learn how to tackle such situations.
IT entrance: Total Online Exam from 2018
IT Entrance Examination at designated centres, no use of pen and paper
The entrance examination for the prestigious Indian Institute of Technology (IIT) will go completely online from 2018. This has been decided but the Joint Admission Board (JAB) recently. The JAB, which is the policy-making body on IIT admissions, took the decision at a meeting in Chennai.
IIT-Madras’ Director and Chairman of JAB 2017, Prof Bhaskar Ramamurthi said, “It has been decided that the JEE (Advanced) will be conducted in online mode from 2018 onwards. Further information regarding the examination will be provided by the JAB in due course.”
“In order to make logistics and evaluations easier it was decided today that the JEE-Advanced should be made online. The concept was being discussed for many years, but it was necessary to have adequate infrastructure to conduct the exam online,” a JAB member said.
WHAT IS JEE MAINs
The JEE-Mains is the entrance examination for admission to engineering courses offered across the country. It is a qualifying exam for JEE-Advanced which is required for admission to the prestigious IITs and NITs. More than 13 lakh students took the JEE-Mains this year, with less than 10 per cent of them going online. Around 2.2 lakh students were eligible to write the JEE (Advanced).
Earlier Major Changes in JEE Pattern
Ministry of Human Resource Development notified two major changes in the JEE pattern for 2017
1. Firstly–no weightage for the 12th class marks in calculating the ranks in the JEE (Main) examination
2. Secondly for candidates whose admissions are based on the JEE (Advanced)/JEE(Main) ranks, they should have secured at least 75% marks in the 12th class examination, or be in the top 20 percentile in the 12th class examination conducted by the respective Boards.
3. For SC/ST students the qualifying marks would be 65% in the 12th class examination
Monthly fellowship of Rs 70,000 for IIT, IISc researchers
In a boast to the IIT, IISc research projects, the centre will now provide Rs70,000 as monthly fellowship to researchers. These researchers must be doing their PhDs in Indian Institutes of Technology (IITs) or Indian Institute of Science (IISc). This was informed by Union higher education secretary Kewal Kumar Sharma.
Highlights of the Scholarship
Presently researcher-students get Rs25,000 as monthly scholarship at IITs. “As part of the research fellowship scheme of Prime Minister Narendra Modi, we wish the meritorious students who are being forced to leave the country for purely financial reasons stay within the country. We will provide 2,000 such monthly fellowships across the IIT system and IISc Bengaluru,” said the Higher Education Secretary.
Sharma made the announcement at the 67th Foundation Day of IIT Kharagpur at its Kharagpur campus in West Midnapore district. It will be given for a period of five years. This will also enable meritorious researchers, keen to further their research but forced to opt for corporate jobs for higher pay, to pursue their goal, he said.
“However, the scholarship recipients can’t do any other job,” said the senior official. “The cabinet nod for the proposal should come soon. We are hopeful to start it from the next session,” he said.
IIT-KGP director Partha Pratim Chakrabarti hailed it as a good proposal.
The Meritorious IIT, IISc
There are 23 IITs in the country right now and an Indian Institute of Science, which is based on Bengaluru. Premier IITs and IISc Bengaluru always get ranked among the best educational institutes.
In a ranking where universities from Singapore, China, South Korea, Hong Kong and Japan topped, Indian Institute of Science, Bangalore and Indian Institute of Technology (IIT), Bombay fared well recently in the Times Higher Education’s Asia University Rankings 2017. IISc Bangalore was ranked in the 27th place while IIT Bombay secured 42nd rank
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