Modi to lay foundation of Jewar airport tomorrow

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Lucknow, Nov 24 | Prime Minister Narendra Modi will lay the foundation stone for the international airport at Jewar in Gautam Buddha Nagar on Thursday.

This will be the fifth international airport in Uttar Pradesh on completion.

The much-awaited project is being flagged off just weeks before schedule of the UP Assembly elections are announced.

Modi had inaugurated the Kushinagar international airport on October 20. Another international airport is under construction in Ayodhya.

The Jewar airport will be the second international airport to come up in Delhi-NCR after the Indira Gandhi International Airport.

Strategically located, this airport will serve the people of Delhi, Noida, Ghaziabad, Aligarh, Agra, Faridabad and the neighbouring areas.

The development of the first phase of the airport is being done at a cost of over Rs 10,050 crore. Spread over more than 1,300 hectares, the completed first phase of the airport will have a capacity to serve around 1.2 crore passengers a year and work on it is scheduled to be completed by 2024.

The airport having passenger terminals with 70 million capacity, 186 airport stands, a cargo terminal with one million tonne capacity will be connected by the Yamuna Expressway, Western Peripheral Expressway, Eastern Peripheral Expressway, Delhi-Mumbai Expressway, Noida Metro and proposed 800 km long high-speed Delhi-Varanasi rail line.

Two CAT III compliant runways will come up at the airport, termed the north runway and the south runway.

An airport hotel, a VVIP terminal, an open-access fuel farm, an airport rescue and firefighting building and a big rain harvesting pond are also planned for the complex. The Yamuna Expressway Industrial Development Authority (YEIDA) will soon invite bids for the construction of a 1,000-acre film city near the upcoming Jewar airport in Uttar Pradesh.

It will be executed by the international bidder Zurich Airport International AG as concessionaire.

According to officials, all preparations have been made for November 25 event with a massive tent covering an area of over 12 lakh square feet has been constructed.

The Prime Minister will also address a rally on this occasion.

Over 2.5 lakh people expected to attend the event. Apart from the grand tent and stage, a lounge for Prime Minister, a helipad and asphalt roads to the venue have also been set up.

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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