Prime Minister Narendra Modi recently said that selling Pakoda should also be considered as employment. Hearing this some of the big Pakoda stores in metro cities have started hiring from Indian B-Schools.
Sambit Katra, owner of Jumla Pakoda, Connaught Place said, “In any way our turnover from selling Pakoda is way more than many tech startups in India. We thank Modi Ji for recognizing us. Pakoda industry is keen to hire talent from B-Schools and some of the B-Schools in India are already waiting for us with red carpet.”
Smriti Shrivastav, placement officer of Indian Institute of Mismanagement(IIM) Banaras said, “B-Schools graduate are famous for making unnecessary PPTs and burn coffee beans in office as consultants. This on-field opportunity from Pakoda Vale is very appropriate and we are happy that CTC offered by them is also comparable with IT industry.”
Parthu Bhaukali, an MBA student from IIM Banaras said, “In any way normal marketing and sales jobs that we get are no better than selling pakoda. We have already started preparing for Jumla Pakoda interview as they are giving us great location and CTC.”
This move of Pakoda Vale is very much welcome because public-sector banks reported a 47% increase in non-performing education loans between March 2015 and March 2017. Quite clearly, the defaults in education loans are a direct result of underemployment and scarcity of good jobs. With higher education becoming expensive every year and funded by education loans, the poor job scenario is leading to a situation where young people are starting their careers on a negative note marked by loan defaults and we hope our government takes a serious note of this issue.