tag:blogger.com,1999:blog-72871038420730300.post7406264563149279107..comments2015-06-25T00:15:56.732+05:30Comments on VRVD LONG FELLOW: Future business of Engineering education in TamilnaduVRVD_LongFellowhttp://www.blogger.com/profile/11896937304944512408noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-72871038420730300.post-26859380623529473362013-08-21T17:44:39.551+05:302013-08-21T17:44:39.551+05:30The Real Business of Engineering Colleges
Fact 1....The Real Business of Engineering Colleges<br /><br />Fact 1. Only Public Trusts can run educational institutions in India<br />Fact 2. All these Public Trusts are Sponges of 80G Deduction of Various Businessmen<br />Fact 3. All capitation fees are Routed to this Trust<br />Fact 4. All Campuses Keep building Buildings even when there is no need and demand because the construction is done by the Business that originally claimed 80G<br />Fact 5. All bills are over paid and Excess profit is booked and Tax is paid making all Capitation fee - White and in hands of the Businessman. <br />And round and round the money rolls... Black turns to White... Some Tax is paid... rest is given to the trust... etc. etc. <br />Raguramanhttps://www.blogger.com/profile/01034481954542819784noreply@blogger.comtag:blogger.com,1999:blog-72871038420730300.post-9023995073177582042013-08-18T22:42:28.733+05:302013-08-18T22:42:28.733+05:30Wishful thinking. People who are accountants, CAs...Wishful thinking. People who are accountants, CAs etc. have far better future than engineers in general. They are not going to fall into that trap. <br /><br />Finance folks are a whole different breed and the stock market or the state of the Indian industry isn't really helping some of them at this point. :-) Sridhar Venkataramanhttps://www.blogger.com/profile/04039407280103722768noreply@blogger.com