As performance based financial assistance is provided by DOS to the B.Tech students of IIST, ISRO/DOS will have the first right to absorb them, subject to the human resource requirements of ISRO/DOS.
The job absorption will be as per the recruitment norms of ISRO/DOS Centres for IIST graduates. To be eligible for absorption in ISRO/DOS, the student should have completed the B.Tech. Programme in four years with a minimum Cumulative Grade Point Average (CGPA) of 7.5 out of 10.If absorbed, they will be posted as Scientist/Engineer-‘SC’ in any ISRO/DOS Centre.
Currently, Scientist/Engineer-‘SC’ is placed with an initial pay of Rs. 21,000 (in the Pay Band PB-3 of Rs. 15,600-39,100 with a Grade Pay of Rs. 5,400/-) + Dearness Allowance & House Rent Allowance (as applicable).
A student who joins IIST to pursue B.Tech. Programme is required to execute a Surety bond for an amount of Rs. 10 Lakhs, in the prescribed format (on an Rs.100/- Non-Judicial paper) duly signed by the student, parent/ and surety at the time of admission at the Institute. The student is mandated to serve as Scientist/Engineer in the Indian Space Research Organization (ISRO)/Department of Space for a minimum period of 3 years.
The job absorption will be as per the recruitment norms of ISRO/DOS Centres for IIST graduates. To be eligible for absorption in ISRO/DOS, the student should have completed the B.Tech. Programme in four years with a minimum Cumulative Grade Point Average (CGPA) of 7.5 out of 10.If absorbed, they will be posted as Scientist/Engineer-‘SC’ in any ISRO/DOS Centre.
Currently, Scientist/Engineer-‘SC’ is placed with an initial pay of Rs. 21,000 (in the Pay Band PB-3 of Rs. 15,600-39,100 with a Grade Pay of Rs. 5,400/-) + Dearness Allowance & House Rent Allowance (as applicable).
A student who joins IIST to pursue B.Tech. Programme is required to execute a Surety bond for an amount of Rs. 10 Lakhs, in the prescribed format (on an Rs.100/- Non-Judicial paper) duly signed by the student, parent/ and surety at the time of admission at the Institute. The student is mandated to serve as Scientist/Engineer in the Indian Space Research Organization (ISRO)/Department of Space for a minimum period of 3 years.