u/FarRadio7281

Basically if you are selected, you pay 3.2 lakh first fee and then you will be eligible for internal campus movement in this order. Delhi > kolkata > Kakinada > GIFT city.

So basically you first move from lower campus to kolkata if seat is freed up, then you move to delhi if more seats freed up. So you never know if you will move .

Now for people who didnt convert any of the 4 campus. You need to pay 20000 for being in waitlist. Now if you convert any campus you are not eligible for this 20000 refund in any case. Then you need to pay another 3.2 lakhs first installment fees to be moved to internal waitlist, that works the way intslked above.

If you do not pay 3,2 lakh after converting gift city, you do not stay in internal waitlist ans forefit your admission as well as those 20000. If you pay 3.2 lakh, you are effectively taking admission in gift city and paying its fee and if you decide you dont wanna pay for 25 lakh for 0 stipend and 0 placememts, your cwn withdraw before course starts but you loose 20000.

So this is a scam basically. Forcing you to take admission in gift city to be eligible for other 2 campus. Kolkata is performing not well. Delhi is the last step in waitlist movement. So basically they are trying to trap kids to join kakinada and gift which no one wants.

Lost 20000 last year to this. Not falling for it again. F them. It's completely bogus policy.

Sab ek dusre ki wait dekh rhe h, vo mera competition h phle usse nikalne do, meri waitlist jldi move hogi, jldi admission process end hogi. Nahi nahi vo nikalega phle, ham unka wait krenge. Jin ko confidence tha apne pe ki hame koi ni chhod kar jane wala, ya hamw to sab hi chhod k jainge, ve nikal k mast bethe h.

Before you join, evaluate your other options, and then take a decision. Kuch equivalent tier 2, 2.5 nhi h good, repeat nu kr skte good, join.

But joining without considering, no campus, no seniors to guide, probably temporary faculty that may change mid sem, and no corporste connections are a real thing.

Okay IIM A ki mentorhsip h, diladenge 10-12 lpa first batch ko, kitne percent ko i dont know. but summers ka kya? Remember IIFT gift city and kakinada? No internships at all. Final besk mil jai kuch. Mana IIM brand is stronger than IIFT. So go, definitely go if you have the money..... But iim tag ke liye ni, koi aur options nhi h isliye jana.

Dont leave your UBS, glim gurgao, imi delhi, imt hyderabad to go to IIM guhwati. Go there only if you can take the uncertainity, and no campus life. Only if you can be the leader and set up the socieities for future generations while keepimg your insecurities aside..... Be the founding members but dont become history yourself.....

Ye risky kaam hai, to agr dil kamjor h please dont take a chance..

PS: log kh rhe h imt hyderabad s to better dila dega. Bro thing is knowing it and hoping are 2 different things. Also having a campus life for 2 year matters. Sb nhi rh skte na 1 rented floor pe 2 saal. Moreover, current baby iim are averaging 13-14 lpa with 80 percent placement. To tum founding batch s unse upr to nhi expect krre hoge. 5 saal me tagdi growth hojai, achi baat h, but ye to founding batch h na. Chlo ek percent maanlo 16lpa average dila diya IIM A ki god level mentorship h after all, to vo ek extraordinary achievement hogi na, expected outcome thodi h?

Goverment ne to IIFT gift city and kakinada bbi aise hi bolke khole the, ki gift city me sb bdde companies k offices h, government ki poori backing h, tax free zone h yada yada, but ab h na 0 summer internships,........ Kisi aur tier 2.5 college me 20 hazar ki internship kroge per idea to h na ki 60-70 percent batc ko internship dila denge.

Fitment factor 2.1 for ASO post. Pay level 7, 44900 basic pay right now (year 1)

44,900 * 2.1 = 94,290.

24 percent HRA = 22,630. (24 percent taken in accordance with 7th oay commission rules in 2016)

TA 8 percent for x city approx = 7500

Government pension contribution= 14 percent of basic = 13200

Total monthly gross before including govt pension contribution= 122577 per month

With the government's pension contribution = 135777 per month

Yearly CTC = 16.25 LPA

In hand salary calculations... Gross = 122577

NPS contribution monthly deduction= 9429

Cghs and other monthly deductions = 1000

Annual income tax after my calculations = 92500

Monthly income tax = 7710

Monthly in hand salary = 1.04 lakh per month

Salary change calculations

Current In hand salary(effectively tax free as below 12lpa) = 81000 (30 percent HRA and 60 DA)

In hand salary Post 2.1 fitment factor after tax liability= 104000

In hand salary percent wise hike =28.3 percent

Gross change (CTC wise) calculations

Current CTC = 11.7 LPA

After 2.1 fitment factor CTC = 16.25 LPA

Percent growth = 38.8 percent.

So most of the lower pay levels (level 1-6) will see a 38 percent growth due to being tax exempt. But at level 7 and higher the effective hike shall be 28 percent or so due to entering into the income TAX paying community of India......

So a fitment factor of 2.1 would be a generous gift to the government employees, making their Pay quite good and competitive for nuclear families. However, given the government's focus on freebies and fiscal health, and past record of 7th pay commission. A fitmemt factor of 1.92 (15 oercent hike) on the lower end and a fitmemt factor 2 (25+ peecent hike) on the generous end is more likely...... Basically less faith in NDA goverment compared to the past.

Just had a thought, No one ever says it out loud, we assume everyone is smart and have it already figured out. But Who knows when a education loan compounds into a car loan and a house loan once you start feeling like you are earning like big dawgs. Just hedging against unforeseen accidents, which are so common in India. so you don't ever leave your family in a bad state. That 2cr would pay off any ongoing loans, and leave a 5 year's worth of cash for them to figure something out. Its cheap, just like another wifi payment, just get it.