Er.Shankar Profile picture
Feb 28 10 tweets 3 min read
IITs and IIMs are the biggest scams for success in India 🇮🇳.

Yesterday, one person was demeaning another person here in Odisha, just because he did IIT and now working overseas.

He was bragging like, he has done something great than the person, who was in that debate with him.
(FYI, the other guy is earning better than most IITians).

But just because he had no degree from these two institutions, he was seen as a failure in that discussion.

I was an outsider and had nothing to do with that subject, so I kept myself out of that debate. But I think it
should be discussed in public.

Everytime we talk about startups and celebrate their success in India, we start talking about these Institutions.

But have you ever talked about their failures?

Let’s find out with numbers.

If you add around 16,000 total seats of all #IIT and
around 5,000 seats of #IIM, you will see only around 21,000 students make it to these institutions.

Which is less than 2% success of total applications, we easily forget 98% failure.

As these 98% people gets degree from somewhere else and contributes more towards building India
more than these 2% selected people).

And out of those total students, 5-10% goes straight to overseas companies and around 30-40% leave India within first 5 years.

And then they become foreigners by taking citizenship of that country but we still consider them as “Indians”.
Few remaining,try their hands in some startups and only few out of them gets successful.

The best thing about these institutions is “The Art of creating Aspirations”

The ecosystem these institutions have developed help students even after passing out and goes beyond just annual
meeting or groups creation.

They help,support and connect every single hustler from their institutions to make sure they succeed.

That’s how this small section overshadowed the whole nation. Still that doesn’t guarantee success.

If you talk about Vijay Shekhar Sharma of Paytm,
Byju Raveendran of BYJU'S, Ritesh Agarwal of OYO and so many others, who built unicorns without taking degrees from IIT or IIM.

Success doesn’t come with a tag, it comes with hardwork, persistence, determination, patience and a dream to make it happen.Success could be different
for different people and associating it with few names is not justified.

I hope that man reads my this post and stop humiliating others who couldn’t make it to these colleges.

He left a country which gave him everything but he chose to serve another country, as for him success
might be earning money. For me, it’s serving our motherland and those who are serving here are more successful. Doesn’t matter if they are IITians, IIMians or school dropouts like me.

- Kiran Verma

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Er.Shankar

Er.Shankar Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @Shankar0174

Mar 1
India has become such a great nation that since 2014, the number of Indians investing in shares, property and other things abroad have sent out 2.1 Billion (yes, 16,000 Crores) in the last year itself.

Under Manmohan Singh, the rich did not think it important to invest abroad.
That time they were sending under 350 Million USD per year on an average.

Now under a strong Modi, the rich feel a need to diversify! What if one fine day, at 8 p.m. a PM comes and says that all your money is now belonging to Government of India?

The poor however are stuck.They
are but happy. They are getting free ration for the last two years and some money too, 2000 rupees every four months! Now which PM has ever given hard cash and free ration to the poor. Modi Modi Modi....

What about the Middle Class?

Well, you know what dangles in the middle,
Read 7 tweets
Mar 1
CJI has observed that if a group of MLA's join a coalition and then express their dissatisfaction with the coalition and leave the government,then they invite disqualification.

They can't have the cake and eat it too seems to be indication.

If the Shinde group, which broke away
from their own party, without forming a new party or merging with an existing party, are disqualified ab-initio then the BJP-Shiv Sena (Shinde Group) government will fall. And all the MLA's that defected will stand disqualified under the defection law and will have to contest
elections again.

It will be difficult for a constitution bench to opine otherwise. If they do, then defection law will be rendered useless.

Maybe Amit Shah and Modi should have first amended the defection law before trying this experiment in Maharashtra.
Read 4 tweets
Mar 1
1) Party A was formed on the template of party C ( Secularism ). A claimed that they won’t be corrupt like C.

2) Party B was formed on the basis of Hindutva. From the start B’s had a hardcore Hindutva votebank.

3) Party A completely decimated C in 2 states, while weakening Image
considerably in another state. This was expected since A was formed on the template of C.

3) Since party B is in power it suits him that A continue to cut vote of C. At the same time B wants that A should not be able to completely replace C. since A is better election fighting
machine, so it has the potential to become principal challenger of B in future.

4) Since A was over ambitious, and they needed money, so they colluded with liquor mafia to make quick money and fund their election machinery. This gave an opportunity to B to discredit A.

5) Now
Read 5 tweets
Feb 28
Adani Group Update

The debt field. Or the vast debris field. Or the selfmade debt trap.

$9.27 billion.

$9 billion owed to Indian banks.

$30 billion gross debt - of which $4 billion is held in cash.

Bank debt (term loans, working capital and other facilities) comprise 38% of
the total debt, while bonds/commercial papers constitute 37%, borrowings from financial institutions 11%, and the remaining 12-13% is intergroup lending.

. . . . .

For those who believe that Adani is in the free in future because he has a history of punctual loan payback: loans
were taken, and given, based on projections of future market cap, which were themselves, we now find, built up on a foundation of diddled numerics.

This projected future has been comprehensively shot to pieces by the Hindenburg éxposé.

Safe to say that if the Adani Group
Read 4 tweets
Feb 28
"என்ன பங்கு... நம்ம ஆளு நாளுக்கு நாள் மோசமாகிட்டே போறான்..."

"ஆமா... தலைவரே... என்னால நம்பவே முடியல! எவனோ முட்டை மந்திரிச்சு வச்சுட்டான் போல!"

"உலக பணக்காரங்களில் ரெண்டாவது எடத்துல இருந்தாப்ல... ஒரே மாசத்துல 38வது எடத்துக்கு இறங்கிட்டாப்ல... ஒண்ணுமில்லாம இருந்த ஆள... தாராளமா
பேங்க் லோன்... கடன் தள்ளுபடி... ரெகமண்டேஷன்னு உச்சத்துல தூக்கி வச்சோம்... இப்போ சர்ர்ர்ருன்னு இறங்குறாப்லயே! என்னைய கைதூக்கி விடலைன்னா இனி உங்க கட்சிக்கு நிதி உதவியெல்லாம் பண்ண மாட்டேன்னு வேற சொல்றாப்ல!"

"கேக்கவே மனசு கஷ்டமா இருக்கே... இவர நம்பித்தான பார்லிமென்ட் எலக்சன் வேலைல
இறங்கணும்... அதுக்கு ஏகப்பட்ட செலவாகுமே தலைவரே!"

"ஆமா பங்கு... இவருக்கு எதிரா ஹிண்டன்பர்க் குடுத்த ஆதாரத்துக்கு வேற ஒருத்தரா இருந்தா வருமான வரித்துறை... அமலாக்கத்துறை... சி.பி.ஐ.ன்னு அம்புட்டு பேரையும் வரிசைகட்டி அந்தாளு வீட்டுக்கும் கம்பெனிகளுக்கும் அனுப்பி கொத்தா தூக்கியாந்து
Read 13 tweets
Feb 28
EQUALITY BEFORE THE LAW?

Narayan Rane accused of a 300 crore money laundering racket -is a union minister. Probe stopped after he joined BJP.

Suvendu Adhikari, accused in the Narada scam. Probe stopped after he joined BJP

Himanta Biswa Sarma, accused in bribery scandal. Probe
stopped after he joined BJP

Bhavna Gawli, MP Shinde Sena, skipped 5 ED summons, now chief whip of Shinde Sena in Lok Sabha.

Yashwant Jadhav & MLA Yamini Jadhav-couple under ED probe for FEMA violation. Now with Shinde Sena. What happened to the case?

Pratap Sarnaik, raided by
ED in money laundering case when he was with Shiv Sena, now with Shinde Sena. Case is closed.

BS Yediyurappa, accused in a bribery case in a housing project in Bangalore Development Authority, Lokayukta police filed FIR, Karnataka High Court restored a private complaint
Read 4 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

:(