Campus placements in IITs down by over 4%, says Prakash Javadekar

The campus placements in 17 IITs has gone down by 4.94 per cent, with the government attributing the decline to renewed interest of students towards entrepreneurship and start-ups.

Union HRD Minister Prakash Javadekar informed Parliament on Thursday that the placement in 17 Indian Institutes of Technology (IITs) was 72.82 per cent in 2014-15, which went up to 75.79 per cent in 2015-16 an went down to 70.85 per cent in 2016-17.

"The growth and decline in the campus placement in the IITs is contingent upon a number of factors such as prevailing market conditions, preference for higher studies and renewed interest of students towards start-ups and entrepreneurship," Javadekar said in response to a written question in the Rajya Sabha.

Out of the 23 IITs functioning in the country, campus placements have taken place in 17 IITs as the remaining six IITs were newly-established in 2014-15 and 2015-16.