What is the reason for engineering unemployment in India?

Updated on : January 17, 2022 by Liam Francis



What is the reason for engineering unemployment in India?

It is a basic economic question of supply and demand, with a hint of quality assurance and a hint of geopolitics.

If you live in a country that puts out a million newly graduated engineers a year, that's a lot of engineers. If the market only requires 250,000 new engineers a year…. that's a bunch of unemployed engineers.

Competition becomes fierce for those engineering positions. That means wages are depressed, people are not hired, and questions like this are asked.

Now, the quality of those newly graduated engineers must be questioned. If a million souls a year are washed

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It is a basic economic question of supply and demand, with a hint of quality assurance and a hint of geopolitics.

If you live in a country that puts out a million newly graduated engineers a year, that's a lot of engineers. If the market only requires 250,000 new engineers a year…. that's a bunch of unemployed engineers.

Competition becomes fierce for those engineering positions. That means wages are depressed, people are not hired, and questions like this are asked.

Now, the quality of those newly graduated engineers must be questioned. If a million souls a year go through engineering schools, and only a few hundred thousand get jobs, the quality of their education is how we discriminate between the guy who spends his days hunched over a living room table. lectures and the guy looking at that guy who wished he was the one leaning over the conference room table. Holy crap on the Batman sentence!

STFU Robin, I am trying to answer this question.

As an example of this discrimination, look at a school like MIT. Now look at a state university you've never heard of. Now imagine you have an MBA, a conference room table, and the desire to tip an engineer over it. If you paid these two guys, fresh out of school with the same experience, exactly the same amount, which one will bend over your conference room table?

The correct answer is MIT. If you said "it depends" you are one of the unemployed engineers. Welcome to it.

Now, geopolitically speaking, some countries have said "I don't care that you went to MIT, you have to have your license to call yourself an engineer."

This means that technically no one without that license can lean over your conference room table. Here in the states, MBAs don't like it when they're not bending engineers over the tables. So they came up with a pretty nifty solution to fix that, called an industrial exemption clause. Without that, I am no longer an engineer and I am no longer worthy of being fired by MBAs in conference room A.

This policy limits my opportunity to practice artificially, although I agree with it. Things like this vary from country to country and will affect your ability to find work based on your credentials.

These are just some of the factors that limit the opportunities of an engineer. Don't even get me started with older people or an outdated skill set. Those are problems for one more year.

Every street probably has an engineering school with random names. Some of them even open an engineering school in a three-story house and affiliate it with some random university. Unfortunately, there is a difference between engineers from standard universities and these engineers who are engaged in engineering from any random XYZ university. There is still a great demand for engineers; they are still racking up double digit salary jobs (over 10 lakh per year) even before completing their graduation, but this only applies to standard universities where there is a standard entrance exam in plac

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Every street probably has an engineering school with random names. Some of them even open an engineering school in a three-story house and affiliate it with some random university. Unfortunately, there is a difference between engineers from standard universities and these engineers who are engaged in engineering from any random XYZ university. There is still a great demand for engineers; They are still racking up double digit salary jobs (over 10 lakh per year) even before completing their graduation, but this only applies to standard universities where there is a standard entrance exam.

The early 2000s saw an unprecedented IT boom that attracted many middle-class families. The lavish lifestyle that engineers experienced was one of the key reasons parents wanted their children to pursue engineering. Once these engineers started settling overseas in the US and Europe, many parents saw that as a lottery and married their daughters to these NRI engineers. However, there is always a delicate balance between supply and demand that needs to be maintained and in India, the balance has now been severely disrupted.

The main reason so many engineers are unemployed is the presence of so many engineering colleges in the country. 90% of them are probably not fit enough to be called engineering colleges, but students can still enter either to call themselves engineers or to fulfill their parents' wish to see their child as an engineer, sometimes also due to peer pressure. They may be able to complete their four-year degree in 6 to 7 years, but there will be no progression after that.

On the other hand, since these random universities are affiliated with random universities, created by people who are nothing more than businessmen who have no knowledge of engineering or engineering curricula, the universities follow a poor curriculum for students. students. They are still learning technologies that are between 20 and 30 years old, they have hardly any application in today's world, the latest niche skills like Big Data, IoT, Data Science and Machine Learning are Hebrew and Latin for them. Since they don't get a job after college, the only decent job they get is to become a professor at their own university. Some continue with M.Tech but return to the same place and the cycle continues for years and years.

There is a shortage of jobs in the market, that's for sure. This is not a situation where there will be jobs for all engineers, but there are many jobs for skilled employees who are talented. If you have the talent, you will have the job. If you just lazy your time during your four years of engineering, you can't wait for a job. You can't wait for a job after getting admitted to some random XYZ university after barely passing your board exams with 60% grades and then applying for a job. It doesn't work that way.

There are many reasons behind the unemployment of engineers in India. I am trying to list a few in the following points:

  1. Lack of skills: Currently, every 3 candidates out of 5 are engineers. But still, if we look for a trained one, it is very difficult to find a trained engineer. He reasons, they only have title, but in terms of knowledge, most of them are useless. Obtaining a degree through distance education mode or offsetting expenses at universities does not make anyone an engineer. I'm from social networks, there are many pages that make memes about engineers. I have also seen in marriage announcements that some people
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There are many reasons behind the unemployment of engineers in India. I am trying to list a few in the following points:

  1. Lack of skills: Currently, every 3 candidates out of 5 are engineers. But still, if we look for a trained one, it is very difficult to find a trained engineer. He reasons, they only have title, but in terms of knowledge, most of them are useless. Obtaining a degree through distance education mode or offsetting expenses at universities does not make anyone an engineer. I'm from social networks, there are many pages that make memes about engineers. I have also seen in marriage announcements that some people mentioned that they are not looking for an “engineer” for their daughters (funny).
  2. Obsolete study program taught by universities: In universities, the study program taught is far behind. They are not up to date with the latest trends and demands in the industry. So even a brilliant student, after leaving college, finds it very difficult to qualify for an interview and get a job.
  3. Reservation system and policy: We have the reservation system and policy to blame for whatever reason, at least. There are also various government jobs in the engineering field, but it is sad that those selected for the job are mostly dumb and have no idea what to do in the specific field. The reason is, yes, the reservation, and the other reason is the exam patterns for government jobs. In the engineering position entrance exam, they ask stupid questions on behalf of GK and current affairs that are totally useless in real life. A serious engineering student doesn't care about GK, etc. and he focuses on his core subject, so when he takes government exams, he fails to get cutoff grades because for general students,
  4. Much lower salary: In the private sector in India, the salary of a fresher engineer is much lower. This is one of the main reasons why engineers don't survive and keep changing jobs and, out of frustration, quit and go into business. Those who come from wealthy families and are good in their field leave India and get a job in any company outside India with a good salary.
  5. Population: Today, there is stiff competition in the engineering field and we have many engineering graduates who are unemployed. The country has limited jobs available and it is not possible to provide jobs for all graduates.

There are still other minor things that are the reason for the unemployment of engineers. But there are no fewer opportunities for skilled and talented engineers. If you have the skills, you interview in different multinational companies and show that you are better than others or if you have skills and money, you can switch to USA, Canada, Australia, Germany, etc. to get better opportunities.

It is true that uncontrolled mass production of any item diminishes its quality. Same as for specially CS / IT engineers produced in our country. We know a very peculiar term in our workplace; To address any technical issues, our manager often asks "What is Root Cause Analysis (RCA) of the problem?" Faced with this problem of the decrease in the employability of engineering graduates in CS / IT in our country, it can be attributed to our sociocultural mentality by keeping away other external factors such as: economic structure, quality of education, corporate social responsibility and BLA bla.

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It is true that uncontrolled mass production of any item diminishes its quality. Same as for specially CS / IT engineers produced in our country. We know a very peculiar term in our workplace; To address any technical issues, our manager often asks "What is Root Cause Analysis (RCA) of the problem?" Faced with this problem of the decrease in the employability of engineering graduates in CS / IT in our country, it can be attributed to our sociocultural mentality by keeping other external factors such as: economic structure, quality of education, corporate social responsibility and BLA bla. someone has already opted for engineering as a carrier without having been advised at any level.

One can scan the background profile of these graduates and ask about the stratum of society to which they belong. You will see that most of them come from the middle / middle class. The middle class, as usual, suffers from the instinctual syndrome of blindly following the masses, and the same is true in the case of dedicating themselves to engineering. This results in a rat race that has continued for the last 2 decades. And the problem is that even they win, they are still a rat, except for a few who make it to the main institutions.

Eventually these guys win a paper on behalf of a degree from some institution in their destination and then find themselves at a crossroads without a sign when it comes to employability. Except for 10% who somehow manage to get a match while resting, will end up underemployed or make it to the NSSO unemployment list. So where is the root of all evil? It is first the desire without any dream or ambition, simply to fulfill his social obligation to be studying engineering. Young people are falling in prayer before this unreasonable social belief system that prioritizes being technically qualified over being well educated and ending up a lost ship in this troubled world.

We are the first to provide the education mafias with the motive to start higher education as a business by opening the B & C class of institutions where money will only buy you a certificate, regardless of what you actually have to earn in your quest. The role of business in education must be governed, it must play the role of facilitator, not of enabler. Commercial institutions operate for profit first, while education is for social profit, not for an individual company.

The example of the proliferation of private universities will make this clear, as most engineering graduates come from private universities and are victims of a misguided curriculum and rote learning. We ourselves have created a demand for these institutions to come up and do their business, as they know that profits are assured with minimal liability for producing inferior products. After all this, we still scoff at our government education system. Opening n number of government institutions providing higher education will not totally avoid the problem, as even a reasonable product can also fail in the market due to weak demand.

(The problem of educated unemployment in our country is like a bomb that has already exploded and we are demanding that our legislator reverse it. It cannot be totally reversed at this juncture, its effect can only be reduced by taking some prudent measures and practical steps. to reform the education sector)

Let me get one thing across to you very clearly. To live a satisfying and successful life one does not need any of them, ie Engineering and Employment. Life offers millions of options for learning, acquiring knowledge and education, far superior to engineering knowledge and skills. In addition, life offers millions of options besides employment, to not only earn a living but also to become rich, famous and prosperous.

Still, I offer here my views on why there is more unemployment, not only among engineering students, but also among other streams of education. Also, these are reasons for not achieving your true purpose in life, not just success.

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Let me get one thing across to you very clearly. To live a satisfying and successful life one does not need any of them, ie Engineering and Employment. Life offers millions of options for learning, acquiring knowledge and education, far superior to engineering knowledge and skills. In addition, life offers millions of options besides employment, to not only earn a living but also to become rich, famous and prosperous.

Still, I offer here my views on why there is more unemployment, not only among engineering students, but also among other streams of education. These are also reasons for not achieving the true purpose of life, not just success ...

  1. Absence of your own unique set of clear life goals and purposes. Because no two individuals in this world are the same, therefore, life goals tend to differ
  2. There are no efforts in the family and community to cultivate traits of self-reliance, freedom of expression, decision-making, and the power of teamwork / synergy.
  3. Lack of awareness about the value of education in your life, if there is one ... High IQ, knowledge, skills have nothing to do with great success.
  4. Directionless / purposeless educational system that fails to make a sustainable living. Today's educational system only helps create slaves that are useful to an organization, industry, or government.
  5. Poor academic performance due to poor decisions or lack of motivation.
  6. The ecosystem does not encourage everyone to play hard and with passion. Almost all aspirants try to grow by playing on weakness rather than on strengths or passion.
  7. MEDIOCRITY IS WORSE THAN FAILURE. Failure is just a necessary trait to be successful and bounce high. The fear of failure and rejection and the social stigma associated with failure is the real reason for the lack of appetite for risk.
  8. Almost everyone thinks that the only way to earn a living is through employment / work.
  9. Ignoring the fact that in most cases, both the employee and the employer fail to align their interests to take advantage of synergy or teamwork.
  10. Lack of understanding of the fact that any kind of profitability (monetary or fame) is the product of karma or efforts only and nothing else. It's completely useless chasing them through shortcuts while keeping them as life goals ...
  11. Ignorance of the fact that the possession of knowledge, skills and experience is not true power. The ability to apply knowledge and skills to provide a solution to pain, need, challenges, and opportunities is TRUE POWER.
  12. Lack of awareness that all knowledge, skill, wealth, money, fame are worthless unless you have no people to share them with, as they are short-lived (that is, until death).

It is due to the following reasons:

1) People took courses based on demand and peer talk not based on their interests. For example, while I was studying Engineering, the top ranked used to take "Electronics and Communications Engineering" due to the following myths:

A) Since their final ranking is low, students used to think that "Toppers is taking it" may be the best group.

B) Electronics students can do software jobs, but vice versa is not possible.

C) We can learn computer science courses in some computer science institute.

2) People took to Computer Science because of the following myths:

A) Because they did not get Electronics and Communications

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It is due to the following reasons:

1) People took courses based on demand and peer talk not based on their interests. For example, while I was studying Engineering, the top ranked used to take "Electronics and Communications Engineering" due to the following myths:

A) Since their final ranking is low, students used to think that "Toppers is taking it" may be the best group.

B) Electronics students can do software jobs, but vice versa is not possible.

C) We can learn computer science courses in some computer science institute.

2) People took to Computer Science because of the following myths:

A) Because they did not get the branch of Electronics and Communication.

B) They believe that computing is about hacking Facebook and Gmail.

C) They think they will develop video games that they will play.

3) People took up mechanical engineering and civil engineering because of the following myths:

A) It is "Ever Green Group"

B) software jobs have to do with sitting in front of the computer for a long time, which they hate

C) Government jobs are high in mechanical and civil.

4) In addition to this, we have pathetic universities and the worst infrastructures in the local engineering universities. Computer science labs are still using Windows XP as their operating system and are producing future computer science professionals. Electronics labs are producing professionals by having one instrument for 20 students. Mechanical labs are producing professionals by simply asking students to stand up and the teacher himself will do experiments and ask students to write down the values.

5) In many engineering schools, solving tasks means looking in the textbook and copying 5 questions. Internal exams means giving important questions and whoever reproduces them perfectly will get the highest marks and those highest marks the students make a good impression and get the highest marks regardless of performance. It's about docking 6 programs. I have seen people bow down statements and ask the lab assistant who did the correct program, but got unexpected results.

6) Top local engineering students feel they get the most added for higher paying jobs and focus on qualifications rather than improving skills.

7) All people carry out projects such as the student management system, the attendance management system, the banking application, etc. in it, at least, concepts such as encryption when logging in do not apply.

8) "ELECTIVES" means that it is not the students' choice to choose subjects based on their interest in what faculty is available and compel students to take that subject.

9) One more downside: we don't have chip design industries in India, unlike China.

The points mentioned above are generic and may not apply to everyone.

I will answer only your question, not the list of sub-questions (most of which are personal questions in a domain that I have not experienced).

Some of the reasons for unemployment are

  • Too many engineers. A limited number of jobs are created each year. The number of new engineers is much higher.
  • Lack of exposure. Most of the engineering universities in India offer no or very bad internship opportunities. Most engineers have no idea what the industry really is like.
  • Pathetic syllabus. I mean, teach C using TurboC? Seriously? Most CS / IT engineers have no idea how to ensure security in their C code
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I will answer only your question, not the list of sub-questions (most of which are personal questions in a domain that I have not experienced).

Some of the reasons for unemployment are

  • Too many engineers. A limited number of jobs are created each year. The number of new engineers is much higher.
  • Lack of exposure. Most of the engineering universities in India offer no or very bad internship opportunities. Most engineers have no idea what the industry really is like.
  • Pathetic syllabus. I mean, teach C using TurboC? Seriously? Most CS / IT engineers have no idea how to ensure security in their C code. One sloppy line of code created a disaster like HeartBleed. Of course, companies don't want to hire careless (or ignorant) engineers.
  • Lack of knowledge. Very few engineers really know anything about their field. My father recently hired a CSE graduate as a systems administrator. The guy can't find his way around a * nix terminal. You have no idea that things like grep, cut, and comm can be put together to make something useful. However, he has studied UNIX as part of his courses. You cannot write programs to change the format of a CSV file. However, you have extremely good grades in at least 3 subjects related to 3 different programming languages. The Indian College of Engineering rewards learning by rote, not knowledge. Why should anyone hire these engineers? (Except for the fact that they need engineers, and the pathetic ones are the only ones available)
  • Rigidity. Most Indian engineering students are unable to work without strict guidelines. For most product companies, this is a problem. Engineers have to think. Don't just follow orders.
  • Lack of discipline. Seriously. Tell an engineering student that tomorrow's test is canceled. I bet he will stop studying. This really is not acceptable. No employer has the patience to make sure there is always a carrot on the stick to keep you focused.
  • Attitude problems Indian engineering students are for the most part unable to admit that they made a mistake. I know people who have been recruited simply because they could accept that they made a mistake. It is really important in a job that you can handle and acknowledge your mistakes before it becomes a very costly mistake in the final product.

I can see how critically important this question is, it is disappointing to see so many vague opinions.

It is normally a pride for any country to have so many newly graduated engineers, but considering the truth behind these questions, there can be no greater shame for a nation that produces the most engineers who are not fit for employability.

Needless to say, yes, obviously your question is correct, and I must say that your question itself is a slap in the face for every engineer in this country!

If not, let me answer this quite accurately with real-time statistics:

First thing's first !!

This is directly fr

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I can see how critically important this question is, it is disappointing to see so many vague opinions.

It is normally a pride for any country to have so many newly graduated engineers, but considering the truth behind these questions, there can be no greater shame for a nation that produces the most engineers who are not fit for employability.

Needless to say, yes, obviously your question is correct, and I must say that your question itself is a slap in the face for every engineer in this country!

If not, let me answer this quite accurately with real-time statistics:

First thing's first !!

This is straight from Wikipedia:

Source: Engineering Education in India - Wikipedia

The opening part of the article itself says: “India is one of the largest producers of engineers in the world. However, the quality of the engineers is quite low and, according to some estimates, only 7-8% of engineering graduates are employable. "

It's good to produce engineers, but what about sacrificing quality? It is a bitter truth that we have contaminated engineering.

For example: there was a new momos trend launched in Bangalore, residents who wanted to cater to our cravings would run near Leela's palace and sample some, and a few weeks later we could see momos being sold at every crossroads in the city. He could feel that most of the vendors had started selling poor quality products, and he created a phobia that all vendors are the same and soon the trend was smashed. The same has happened to our engineers.

So it is safe to say that: our country is riddled with engineers.

But how come we have so many engineers graduating every year?

It should really be considered that we live in a country that is an asset in itself for our future education.

So let's take a quick look at some of the states that have the most Engineering Colleges.

Tamil nadu

Tamil Nadu has a total of 934 engineering colleges.

Maharashtra
Maharashtra consists of 739 massive engineering colleges.

Uttar Pradesh
Uttar Pradesh consists of around 700 impressive engineering universities and is surrounded in the heart of India.

Andhra Pradesh
Andhra consists of around 512 (math 2 ^ 9 / math) engineering colleges.

Haryana

Haryana has 342 engineering colleges.

Madhya Pradesh
Madhya Pradesh consists of around 310 engineering schools.

Karnataka
Karnataka consists of 210 engineering faculties.

Above is the list of the 7 richest states in engineering universities.

If you count everything, you can add up to about 7080 engineering colleges nationwide.

So, in the name of engineering, what have we done? We have run a lucrative business of education, and the poorest quality has been obtained.

Compare this to other countries that produce superior quality engineering products, our universities, correction, our factories are producing engineers themselves as their products, and worst of all is the fact that the quality of them is embarrassing us.

Also, top brand factories that maintain quality (although our best of our IITs themselves rank 152nd worldwide) in engineering education will also be victimized as we can see that so many new IITs are being established. . Yes, it is about time we contaminated our entire educational system.

Although there are so many other reasons such as:

Outdated culture of learning and testing.

Theory vs Practice

Poor language / communication skills

Also if I add:

  • Unlike in the past, where engineering was considered a professional vocation, in recent times, engineering has become one more stream to achieve graduation.
  • The poor quality of faculty in bi-level engineering colleges, combined with an outdated curriculum, further exacerbates the problems of graduates.
  • The quality of education at ground level itself is poor.

It doesn't matter and regardless of what I may point to, but the only reason I blame is the system itself for allowing engineering education to be unified and thus depleting quality.

It goes without saying that the youth of India have many aspirations. So you are in the system - parents, mentors, institutions, government to inspire and guide them directionally up the employability pyramid. Properly structured mechanisms are needed at all levels to impart skills that will make India's demographics more employable.

Correctly quoted: the race is not one of supply against demand, but one of quality against demand. Rest is ruled out.

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Engineer is a very underrated term nowadays, more of a qualification. The reason for such a condition is to give approval to institutes that do not deserve it and that offer a technical and professional degree to the masses. Students earn a paper degree, not a grade and skills. This is very surprising data when we look at the numbers. Approximately 15 lakhs of engineers per year come out of engineering colleges and polytechnics. Most engineers cannot be employed. The reports tell us the real picture, the standard and the syllabus of engineering education has been deteriorating day by day.

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Engineer is a very underrated term nowadays, more of a qualification. The reason for such a condition is to give approval to institutes that do not deserve it and that offer a technical and professional degree to the mass. Students earn a paper degree, not a grade and skills. This is very surprising data when we look at the numbers. Approximately 15 lakhs of engineers per year come out of engineering colleges and polytechnics. Most engineers cannot be employed. The reports tell us the real picture. The standard and curriculum of engineering education has been deteriorating by the day. We keep referring to an outdated curriculum. actually, it starts in schools. Why aren't students adequately coached in choosing their ideal career path? Why is everyone applying to Engineering and Medical? Why is the selection of streams in the educational ecosystem not being considered? have such a large number of college graduates that they cannot get the jobs in their core area, we observe that a civil engineer is doing hardware and networking, an electronic engineer is working in an insurance company or bank, a mechanical engineer is making sales , a software Engineer is engaged in interior design and so on, so proper career guidance is required, India needs more counselors at school levels so that they can break the myth that being successful means only a technical degree or professional education.

Hopefully one day our system improves and we see strong control over the educational ecosystem.

Students are doing engineering because they want a job and they are not passionate about learning, they are entering xyz universities where xyz professors are teaching the xyz syllabus. In these road engineering colleges they are hiring sasta teachers because they did not want to spend money on hiring good teachers because their main motto is to get the maximum profit. They are selling degrees that are not real apprenticeships and the students are not making efforts either (I must say they are not guilty but they are stuck in the system and after completing the degree they may know about it that what

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Students are doing engineering because they want a job and they are not passionate about learning, they are entering xyz universities where xyz professors are teaching the xyz syllabus. In these road engineering colleges they are hiring sasta teachers because they did not want to spend money on hiring good teachers because their main motto is to get the maximum profit. They are selling degrees that are not real apprenticeships and the students are not making efforts either (I must say that they are not guilty but they are caught in the system and after completing the degree they are able to know what the job market is looking for and have neither idea

Aap samajhiye timeline

1- The university opens on the xyz highway

2- Hired teachers who require less money. (They are mostly people who don't have any skills to get a job - I was appalled at the skills they are imparting to their students.)

3- announce 100% placement and call students personally that the world is here, where are you? kind of students taking admission here - 1- who can't score any of the entrance exams 2- Mera beta banega engineer 3- Another peer pressure ki beta kar le bahut scope hai 4- joined allen, resonance, fiitjee but did not get the required rank so what to do = join mahabharat engineering college.

4- Do a study day and pass the exam because there is no interest in learning (coursera udemy nptel youtube mitopencourse all are just a waste of time we are going to enjoy because I obtained 80% and more with a study night.

5- University ended and I did not know what I was studying here; the curriculum is out of date; the teachers are outdated; the university is outdated.

The student is looking for work and wandering here and there; paying the consulting fee and what not, and then started preparing for the government exam (ab upsc clear karenge ab collector ban-na hai next year state pcs and then bhai clerk hi bana do and even no one is interested in offering a clerk job kyonki ye post to reference se bhari jayegi) and

that road schools welcome you back where you are. give me your life of youth so that I can destroy. And the students of that university become teachers in the same institute and say ab apun sab ko engineer banayega and jo outdated curriculum khopdi m bhara hai wo sab ki khopdi m bharega vahi outdated curriculum.

It is a very interesting topic; I will write more about this

Good luck

Politicians and economists diagnose the disease in India but do not have the proper treatment.

India is one of the most unsuccessful countries, politically and economically, despite its enormous resources and smart people.

The fundamental problem is inefficient politics and the wrong economy. India has the most corrupt politics in the world. Thus, corrupt politicians exploit the inefficiency of the legal and political system to do more corruption.

Governments change but they do not change the system because they use it for their corruption.

After six decades of mindless congressional politics, Mody tries a difference

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Politicians and economists diagnose the disease in India but do not have the proper treatment.

India is one of the most unsuccessful countries, politically and economically, despite its enormous resources and smart people.

The fundamental problem is inefficient politics and the wrong economy. India has the most corrupt politics in the world. Thus, corrupt politicians exploit the inefficiency of the legal and political system to do more corruption.

Governments change but they do not change the system because they use it for their corruption.

After six decades of political nonsense in Congress, Mody tries a different nonsense.

Nothing less than a change in the monetary system cannot help India out of the failed political and economic system.

India must avoid the dream of economic progress through export.

I have a huge domestic market and a great human resource. Therefore, you do not need to depend on any export market for progress.

China made it a success thanks to the economy run under the totalitarian communist regime. Democratic India cannot avoid China's success.

India needs to create enough growth opportunities by providing real money to everyone without interest.

Another impediment to growth is the terror of high taxes.

If India switches from fiat money to real money, it does not need to keep US national debt or EU debt as reserve value for Indian money.

India should switch to an independent and sovereign monetary system to create real money instead of fiat money.

Having real money, the country can work without taxes and interest for money.

It will open unlimited opportunities for businesses of all kinds. Foreign technology and know-how that will flow to India and India will replace the US as the world's number one economic powerhouse.

This is an innovative change that India can make without any other changes in the economy or the political system.

As the next and final change, Indian political governance should become efficient as a corporate business.

When there is no room for corruption and inefficiency, it will automatically become a corporate business.

I welcome everyone in India to discuss and debate the real change that India urgently needs to create HOPE for billions.

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