is "IEEE Projects" killing Innovation in IT students in India

There has been a recent trend across all Indian Engineering Colleges Especially in Computer Science and IT. Lecturers and Project Guides want students to work on IEEE projects, in simple terms implement the papers that are published in IEEE conferences and Journals. Most of the Topics are Research Oriented and are published as partial fulfillment for the award of Phd. or M. Tech. When BE or B. Tech students take up such topics, they hardly ever go close to understanding on what issue they are working, leave apart implementing it. There are many application areas where a student can work, that ranges from E-Commerce, Security, Real Time Software or Custom Product development. Rather than Encouraging the students to take up such topics, is it really worth to enforce so called "IEEE Projects" on them??