IITs to Keep Eye on Hiring by Start-ups, Focus on PSU Jobs

Recently there have been cases of job offers being revoked by start ups. Cases of joining dates being postponed have also come up. This has created unrest among the IITians and the management at these esteemed institutes has thus decided to intervene. As per the latest update, IITs are planning to amend their placement policies slightly so as to make sure that the students do not have to face this situation moving forward.

The institutes are making sure they do a thorough background check of the start-ups and analyze as to how far they would go. They are also planning to be persistent on knowing the joining dates of these firms. Talking about the general norm of the start-ups, Shefali Jindal, the placement co-ordinator at IIT Delhi said, “Though they always gave tentative dates, we are planning to get them in writing”.
Another major change that is likely to come about is that Public Sector Units (PSUs), that had not been a part of the campus placements for the last couple of years, shall join the bandwagon yet again and the focus shall be on the ‘Make in India’ initiative. In case you aren’t aware, the public sector units had been missing from the campus placements for the last few months due to the high court order. Shovan Panigrahi, the head of the placement committee at IIT Kharagpur shared that start-ups usually do not want to take chances due to financial crunch. This is the reason why the focus is now shifting to the PSUs.

Various firms from different sectors including fabrication, metal and manufacturing have been invited to different IITs for the first phase of placement this year.

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