This isn't news. There are plenty of poor quality conferences and publications willing to take your money and publish without checking.
Even the good quality conferences send out batches of papers to be reviewed and then the reviewers forward them to their students and colleagues without properly checking the feedback before passing them back to the section chairs. Just be thankful that you didn't have a good quality paper rejected due to a bad review by a tired PhD student who didn't have enough experience in the field to be a reviewer.
The OP blames the education system for putting pressure on students to publish. The problem is more like not teaching the students how to find a reputable path to publication and not weighing the quality of the venue.
He/she should also be complaining to iraj.in for hosting the dodgy conference website and lending credibility to it.