This is the first breakthrough in to coaching business. This incident has proved that it is purely commercialization of education. A student who secure good rank in IIT-JEE may earn a nice amount if wishes so. The amount is in term of Prize awarded to him but actually it is the money against securing his name as their student. If the coaching sector is investigated it will definitely proved that all the entrance toppers name are sold in market to various institutes. These institutes then advertise the names of this students in their marketing campaign to attract student for admission.
It is pure business and not the education.
In my time education is a noble cause and teachers are respected for their services but the sale-purchase of good rankers has turned the education into business and eaten the social touch of Education sector. Government spends so much on education sector, gives subsidies, loans etc. but it is actually theft of social values by some individuals for their benefits.
IT IS WRONG MUST BE STOPPED.