The number of students recruited by Multi National Companies (MNCs) through campus selection has gone down significantly in prestigious IITs and IIMs this year.
According to a written reply by HRD Minister Kapil Sibal in the Rajya Sabha today, a total of 3,031 students from seven IITs were recruited by MNCs through campus selection in 2008. However, the number has come down to 1,606 this year.
While 643 students were recruited from IIT Kharagpur, the number plummeted to 44 this year. Last year, 593 students were selected from IIT Bombay. But only 381 students of the institute have been selected by MNCs this year, according to the data furnished in the reply.
While 633 students from IIT Delhi were recruited by MNCs last year, the number came down to 390 this year.
The picture is no different in case of IIMs. While 920 students from six IIMs got recruited by MNCs in 2008, the number of such students this year was 497.
Against 155 students recruited from IIM Ahmedabad last year, 92 were recruited this year. The number of such students from IIM Bangalore came down from 203 in 2008 to 119 this year. While 240 students were recruited from IIM Kolkata in 2008, the number was pegged at 121 this year.
However, recruitment of students from these institutes by Indian Public Sector Companies has marginally increased during this period.