Why Can't Indian Engineers Find A Job And What To Do About It?
And, indeed, there is another problem: Indian Higher Education is out of step with the Indian job market. The engineers got the fancy jobs in the 1990s, and therefore, the whole ecosystem emerged. But since the Great Recession of 2008, Indian economy was powered by its own consumer demand, particularly as successive governments boosted rural demand through fiscal interventions. The jobs that this creates - in Education, Retail, Banking and Insurance, Health and Telecom - are less attractive, and often comes with the prospect of living in small cities rather than in the United States. Consequently, more and more people continues to be drawn to Engineering and Western-style business courses, whereas the growing service sectors get scarce attention and only second-grade talent.