Bhubaneswar/New Delhi: The All India Council for Technical Education (AICTE), on Friday, informed that it will soon close down all those engineering colleges with less than 30 per cent admissions being recorded in the last five years.
Technical colleges which recorded less than 30 per cent admissions in the last five years will be closed down from next year, informed Anil D Sahasrabuddhe, chairman of AICTE.
"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," PTI quoted him as saying at a two-day world education summit.
"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," he added.
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As per an ACTED data, there are 10,361 AICTE-approved engineering institutions across the country with a total intake capacity of over 37 lakh students but as many as 27 lakh seats are lying vacant.
Apart from closing the colleges, AICTE will focus on life skills and solving real life problems. The regulator for technical education in the country has also formulated the National Student Startup Policy to face the ongoing crisis in the job market, said Sahasrabuddhe.
On the other hand, earlier in March this year, the University Grant Commission (UGC) and AICTE had released a list of fake institutes on their websites. Students can get details of fake universities and fake technical colleges on the AICTE website www.aicte-india.org and UGC website: www.ugc.ac.in.