IITs can't guarantee placements!! South Korea imposes martial law, French government collapses, Syria in civil war, and much more! Check it out!!🔻🔻

Hello Readers,

Did you hear?

South Korea imposed Martial law!

For the first time in 45 years, South Korean citizens saw the implementation of martial law as incumbent President Yoon Suk Yeol made the announcement around midnight. He claimed that the move was to uproot all North Korean Communist forces in the country and normalize it! People came out in protest as chaos erupted outside the Parliament building. A parliamentary vote was conducted and martial law was raised within 6 hours. Ordinary citizens and the Opposition are now calling for President Yoon removal! But that not the end!

Pakistan is in political chaos! Again!

In another event of political turmoil, Pakistani politicians have plunged the country into trouble once again as the blame game for last week’s protests flared up. For those unaware, Imran Khan’s wife Bushra Bibi had called for massive protests in support of the imprisoned Imran Khan which led to brutal clash that killed 12 and arrested over 1,000! The PML-N led government denied all casualty claims and slammed the PTI of engaging in propaganda and misleading the people! But wait, there’s more.

Massive protests in Georgia!

The small European nation was rocked with protests as citizens took to the streets against the government! The government of the formerly-Soviet country recently took the controversial decision to suspend negotiations to join the European Union. The citizens came out in protest as the Opposition accused the ruling Dream party of implementing authoritarian and pro-Russian policies. The matter turned ugly as the police began retaliating, injuring over 100 citizens, and began raiding the offices of the Opposition! These 3 are not the only ones!

The French government has fallen!

France is another country that witnessed political turmoil as its government collapsed. A no-confidence vote called by the leading Opposition ended up toppling French rightwing PM Michel Bernier’s government within 3 months! To make matters worse, since President Macron called for snap elections in June, no new elections can be held until July 2025, leaving France with no government! President Macron will have to appoint caretaker ministers who can help ease France’s budgetary deficit! PM Bernier will be resigning soon as there is one more country in trouble!

Syria’s regime has changed!!

Syria has now been ushered into a new era as President Assad’s regime has ended! While the state of conflict has been around since the civil war in 2011, the anti-Assad rebels attacked government forces and took over the city of Aleppo. Syrian forces were forced to retreat as rebels moved on to take over Hama and the capital Damascus. According to a statement by Russia, President Assad fled the country and ordered for a peaceful transition of power! While this is a major development, the troubles of West Asia are far from over!

Speaking of trouble, did you hear about the unemployed IIT students?

Recent media reports, backed by official figures from all 23 IITs obtained via RTI, reveal a shocking reality: nearly 8,000 IITians from the 2023-24 placement drive have been unable to secure jobs! This translates to 38% of students who registered for campus placements failing to find employment.

While a few lucky students bagged hefty packages of Rs 1-2 crore, the median salary has dropped to Rs 17 LPA as many offers now range from Rs 3.6 to Rs 6 LPA annually. To add to the grim picture, many companies are opting to hire interns at meager pay packages of Rs 60k-80k per annum.

Gone are the days when simply getting into an IIT guaranteed a prosperous future. So, what’s behind this sudden downturn?

The ongoing global business slowdown has led to hiring freezes across multiple industries. Companies are increasingly reluctant to offer high salary packages in a bid to maintain profitability. Additionally, the rise of AI has automated several entry-level IT roles, further reducing job opportunities for fresh graduates.

What can we do?

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