Is the problem with the numbers?
Recently the Associated Chambers of Commerce and Industry of India (ASSOCHAM) conducted a study that concluded that other than a handful of elite school graduates, MBAs in India earn less than $150 a month. While this fact has been known for a while now; what is interesting about the study is that they may have come up with a new reason for the problem. It is highly possible that India is overproducing its graduates thus leading to this issue. Is this the problem of the plenty?