No offence DC, I absolutely agree that these people have worked hard to get into the position where they can get their shot at the cadetship and as mentioned in my earlier post I applaud the efforts of many to bring about this change in recruitment policy. However if the company was missing out on talented individuals before by exclusively taking CTC grads, they could still be missing out on talented individuals by exclusively taking internal candidates.
Good luck to those that are going through the selection process.