I absolutely agree to the same, we own a placement agency in hyderabad and a number of Engineering graduates come to us looking for a job in any MNC/BPO/Marketing, when asked why they are not looking for a job in their field the standard answer is "i have a low % in my degree so I am looking for a job in a call center", when asked why a call center? their answer is "because it is a easy job and doesn't require hard work"!!!!!!!!!
Beat that - these guys require a job which doesn't demand them to work hard.
Some people come to us looking for english training, their grammar is not in place, neither is their pronunciation skills. When they are asked to brush up on their grammar basics like nouns, preposition, tenses, they have a very apt answer " I engineering graduate, I know english well, don't teach I basics" (this is an actual answer by one of the Job aspirants"
The problem with a lot of people is that they don't realize that no job in the world is demeaning, earning a degree doesn't make one fit for a higher position or a highly skilled work. Position and responsibilities come with experience.
In the article by rediff, they say this is the dark side of jobs boom in India, they don't realize that this is just a couple of people complaining about how they thought they would get more responsibilities but what they got was a starters Job which requires them to prove their worth. In the case of the lady working in the bank, it was her choice to take the loan.