Modi condoles loss of lives in J&K road accident

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New Delhi, Oct 28 | Prime Minister Narendra Modi on Thursday expressed grief over the loss of lives in a road accident in Jammu and Kashmir’s Doda district, and approved an ex-gratia from Prime Minister’s National Relief Fund (PMNRF) for the victims.

Quoting Modi, the Prime Minister Office tweeted, “Saddened by the road accident near Thatri, Doda in Jammu and Kashmir. In this hour of grief, I convey my condolences to the bereaved families. I pray that the people who have been injured recover at the earliest.”

“An ex-gratia of Rs. 2 lakh each from PMNRF would be given to the next of kin of those who have lost their lives due to the accident in Jammu and Kashmir. The injured would be given Rs. 50,000,” the Prime Minister said.

Expressing his grief, BJP chief J.P. Nadda tweeted, “The news of road accident at Thathri near Doda in Jammu and Kashmir is extremely saddening. The local administration and BJP workers are diligently carrying out relief and rescue operations. My condolences to the bereaved families and I pray for speedy recovery of the injured.”

Ten people were killed and 16 others injured on Thursday in a road accident in Jammu and Kashmir’s Doda district.

A minibus carrying passengers went out of the driver’s control at Suigarhi on the Thathri-Doda road and fell into a deep gorge. The minibus was en route to Doda town from Thathri.

“A relief and rescue operation was immediately started. The injured are being shifted to hospital,” sources said.

The hilly Doda district has been infamous for its treacherous roads on which overloading and rash driving often result in fatal accidents.

Source: IANS

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Does MBA really help in getting a better job offer ?

Does MBA really help in getting a better job offer ?

Most students pursuing an MBA come with the sole objective of having a decent job offer or a promotion in the existing job soon after completion of the MBA. And most of them take loans to pursue this career dream. According to a recent survey by education portal Campusutra.com  74% MBA 2022-24 aspirants said they would opt for education loans.

There are exceptional cases like those seeking master’s degree or may have a family business to take care of or an entrepreneurial venture in mind. But the exception cases are barely 1%. For the rest 99%, a management degree is a ticket to a dream job through campus placements or leap towards career enhancements. Stakes are high as many of them quit their jobs which essentially means loss of 2 years of income, apprehension and uncertainty of the job market. On top of that, the pressure to pay back the education loans. Hence the returns have to be high. There is more than just the management degree. Colleges need to ensure that they offer quality management education which enables them to be prepared for not just the demands of recruiters and for a decent job but also to sustain and achieve, all along their career path.

  • So, what exactly are the B Schools doing to prepare their students for the job market and make them industry ready ?
  •  Are B schools ready to deliver and prepare the future business leaders to cope up with the disrupted market ?  

These are the two key questions every MBA aspirant needs to ask, check and validate before filling the MBA application forms of management institutes. And worth mentioning that these application forms do not come cheap. An MBA aspirant who may have shortlisted 5 B Schools to apply for, may end up spending Rs 10,000.00 to Rs 15,000.00 just buying MBA / PGDM application forms.

While internship and placements data of some management institutes clearly indicates that recruiters today have specific demands. The skill sets looked for are job centric and industry oriented. MBA schools which have adopted new models of delivery and technology, redesigned their courses, built an effective evaluation process and prepared the students to cope with the dynamic business scenario, have done great with campus placements despite the economic slow down.

However, the skill set being looked for by a consulting company like Deloitte or KPMG may be quite different from FMCG or a manufacturing sector. Institutes need to acknowledge this fact and act accordingly.

  • Management institutes should ensure that students are intellectually engaged, self motivated and adapt to changes fast. In one word ‘VUCA ready’.
  • B Schools should encourage students to participate in national and international competitive events, simulations of business scenarios.
  • Institutes should have the right mix of faculty members with industry exposure and pure academics.

The placement records of 2021 across top management institutes indicated the fact that recruitment is happening, skilled talent is in demand and certain management institutions continued to attract recruiters even in the middle of an ongoing crisis.

It is time, all management institutes rise to the occasion, understand market realities and identify areas of improvement at both ends – students and faculty.

After all, the stakes are high at both ends. B Schools taking corrective measures will stay while those which are lagging will end up shutting down.

Author Name : Nirmalya Pal

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