Two recent surveys reveal that 80 per cent of engineering graduates and 93 per cent of business school graduates are unemployable. In failing to impart practical skills, the Governments and the ever mushrooming higher educational institutes do not realise the gravity of the outcome. All fond hopes of innovation, entrepreneurship and the much-vaunted ‘demographic dividend’ will come to naught if the graduation, pursued by the student after spending so much money, is utterly useless and does not give him/her self-confidence to face the world and achieve something in the industry one is entering.