My friend studies CSE at MNNIT Allahabad. Through close contact with him over all these years, I find myself eligible to answer your question.
MNNIT intakes students with around 3000-4000 rank in JEE Mains, for its B.Tech CSE program. This shows the quality of the students at the CSE department. The average package for this degree is around 27.57 LPA through campus placements. Top companies like Facebook visit the department and offer around 1.63 CPA to the B.Tech CSE students.
The kind of competition that prevails among the students to get into B.Tech CSE at MNNIT Allahabad, and the high placement records are enough to prove the value of this program, and of MNNIT.