Anil D Sahasrabuddhe, chairman of the All India Council for Technical Education (AICTE), which is the regulator for technical education in the country, today said such colleges will be closed down from next year.
"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," he said at a two-day world education summit.
According to ACTED data, 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 are diminishing in the country and to cover that up AICTE has formulated the National Student Startup Policy," the AICTE chairman said.