"81 colleges have closed down this year and out of which 50 colleges are of management and 8 are engineering colleges and rest in other streams," All India Council For Technical Education (AICTE) Chairman S S Mantha told reporters here.
"Maximum number of colleges which closed down their operations are in Andhra Pradesh," Mantha said, adding that 41 technical colleges across the country wound up their operations last year.
When asked about the reason behind the closure of such a large number of management colleges, Mantha said that at present, only those management schools or colleges were being preferred that had tie-ups with the industry to provide practical training to students to improve their skills.
Currently, there are over 11,000 technical colleges including 3,700 polytechnic, 3,900 engineering and 3,800 management schools, operating in the country and bulk of these colleges are located in the southern part of the country.
Asked about number of new colleges coming up this year, Mantha said AICTE has received requests for opening up of 315 colleges so far, out of which 174 are polytechnic ones.
According to an estimate, about 25 lakh passouts from all ITIs and polytechnic colleges in the country while the industry requirement is of about 1.3 crore.
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"AICTE has even launched a National Vocational Education Qualification Framework (NVEQF) to attract more students and provide them skill in different industry verticals to make them employable," Mantha said.
A significant part of this framework would be that students would be given multi-level entry and exit options to enable them to seek employment after Class XII, he added.