well everything is money, if the gatekeeper is paid 30k permonth, then the guy is happy doing that job even if he is an MBA.
the same thing happened with generations of IITans, and graduates from premier institutes, all have become typists(programmers) leaving their original skills for money.
india always needed engineers & R&D in similar field, but all have become typists. we cant make bridges in years, railroutes takes years to complete, indian roads take ages to complete, we cant make hitech euquipments, this is engineering.
i feel all indian engineers are equal to gatekeepers. so nothing bad to feel about the low grade enginering colleges, its just these colleges cudnt sell well to the corporates.