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News - Engineering colleges with less than 30% admissions to soon shut down

With very less students taking admission in engineering courses now, and over 27 lakh seats lying vacant in various colleges across the country, the AICTE (All Indian Institute of Technical Education) has recently decided to close down some of the institutes.
According to reports, AICTE would be shutting down technical colleges which recorded less than 30% admissions in the last 5 years.

Here's what Chairman of the AICTE said :

"In the past few years, the ACRE has been actively working on reducing the quantity of engineering institutions across the country due to poor demand and falling quality of education."
"We have also reduced the penalty for closing down an engineering institution that was a deterrent for many colleges which were willing to shut amid poor demand," Sahasrabuddhe said in a recent PTI report.

Engineering institutes data :

As of now, there are 10,361 engineering institutions in the country that are approved by the AICTE with a total intake capacity of over 37 lakh students. Out of this, 27 lakh seats are lying vacant.
"Apart from closing several colleges, we are also focusing on life skills and solving real life problems. The number of jobs is diminishing in the country and to cover that up AICTE has formulated the National Student Startup Policy," Sahasrabuddhe said in a recent PTI report. Furthermore, Kiran Maheshwari, the minister of Rajasthan Technical and Higher Education, who inaugurated the education summit said, "State-of-the-art language labs will be set up in about 220 government colleges in Rajasthan starting this academic session as in this era of globalisation knowledge of language is a necessity."

Source: http://indiatoday.intoday.in/education/

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