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Here’s The List of Colleges To Be Shut Down By AICTE. Look Out For Your College

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All India Council for Technical Education (AICTE) has decided to shut down 800 Engineering colleges by the next academic year. The colleges which have been asked to shut down have been asked to submit a report by the second week of September. Here’s the list of colleges to be shut down by AICTE in the year 2017-18. Check if your college lies in the list or not.

List of Colleges To Be Shut Down By AICTE

AICTE had earlier announced that it will shut down the colleges with less than 30% admission over the last five years. Dr Anil Sahasrabudhe, AICTE Chairman has said that the decision to shut down 800 colleges were taken after studying in detail the intake of these colleges over the last five years.

According to the regulatory body, the decision was taken to improve the quality of education in engineering colleges. The official website of AICTE has a list of 410 colleges which have been approved for progressive closure from 2014-15 to 2017-18.

A progressive closure means the institute cannot take admissions of the first year students in that academic year whereas existing students will be allowed to complete their degree. AICTE has released the list of 65 colleges approved for progressive closure for the year 2017-2018.

List of Colleges To Be Shut Down By AICTE

List of Colleges To Be Shut Down By AICTE

List of Colleges To Be Shut Down By AICTE

List of Colleges To Be Shut Down By AICTE

List of Colleges To Be Shut Down By AICTE

According to the available data, there are over 10,361 engineering institutions in our country with an intake capacity of 37 Lakh. AICTE has said the number of jobs in the technology sector is diminishing and therefore the body will be taking series of steps to improve the quality of education in engineering colleges. A National Student Startup policy will also be formulated to promote entrepreneurship among the students.

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Microsoft & Uber Among Others Make Huge Offers On Day 1 Of IIT Bombay Placements

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Microsoft offered an annual package of Rs 1.39 crore on the first day of the placement season which is the highest package so far provided on the first day of the session at IIT Bombay Placements. The software giant was closely followed by App-based taxi aggregator Uber which offered a package of Rs 99.87 lakh per year.

IIT Bombay Placements

The interviews for the first session started at 8 am on Friday and continued until 4 pm whereas the second session began in the evening and went on till 2 am on Saturday. In the first session of the placement, 52 job offers were made from 17 companies which included eight offers from Goldman Sachs and seven from Boston Consulting Group. The others companies which participated in the placement session were Morgan Stanley, Deutsche Bank, Procter and Gamble, Millennium and the ITC group.

IIT Bombay Placements

In the ongoing placement sessions, IITs across the country witnessed a considerable hike in the number of jobs offered being made. IIT Madras got a total of 99 offers from 17 companies whereas students of IIT Roorkee received 68 proposals from 11 companies.

IIT Bombay Placements

It has been noticed that the students are apprehensive about joining the startup as many of them even had withdrawn the job offer made in 2015. Keeping it in mind, IITs had blacklisted and banned 31 start-ups from campus placement for withdrawing their job offers. The number of startups participating in the placement session is more in comparison to last year but less than from the year 2015.

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IIT Roorkee Gets 189 Job Offers On The First Day Of Placement Season

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The placement session of the IIT Roorkee started with a total number of 189 jobs offered on the first-day of the session.

IIT Roorkee
IIT Madras received 195 offers on the first day of the session which is more than the proposals which were recovered last year. In the year 2016-17, IIT Madras had received 160 offers on day one.

IIT Roorkee

In IIT Madras, 11 international offers were also made on day one as compared to 3 international offers made last year. The companies which made more than 10 offers this year(2017-18) were EXL Services, Goldman Sachs, Microsoft and Samsung Research Institute Bangalore.

In the light of the stress faced by the student, IIT Madras has done away with the ‘Graveyard Slot’ this year. The graveyard session last year witnessed the participation of 9 companies and a total of 315 students sitting for the placement.

IIT Roorkee

In the graveyard session, a total of 58 offers were made out of which 21 were the core sector jobs, and 37 were non-core sector jobs. In the ongoing session, 48 startups have also registered for placement as compared to 25 last year.

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Higher Education Funding Agency(HEFA) Sanctions Rs 2,066 Crore For Six Universities

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The Higher Education Funding Agency has approved projects worth Rs 2,066.73 crores for six educational institutions on Wednesday. The agency was established by Union cabinet to provide additional funds to improve infrastructure for research works.

Higher Education Funding Agency

In the press release, the government has said that the funds are sanctioned to improve the research infrastructure in the universities and help them feature in the global list of top universities. The six educational institutions which got their projects approved are Indian Institutes of Technology in Bombay, Delhi, Madras, Kharagpur and Kanpur, and the National Institute of Technology, Suratkal.

Higher Education Funding Agency

The funds granted are an add-on to the central government grants. Rs 1,028.73 crore were allowed were 16 projects for research and academic facilities and Rs 1,038 crore for other supporting infrastructure in the respective institutions according to the press release.

Union Human Resource Development Minister Prakash Javedkar termed it as a historic move and tweeted “Today is a historic day for financing the needs and promotion of research and innovation beyond budgetary allocations,”

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