Colleges to be shut down
The state government has given a green signal to these 32 institutions to shut shop and not admit students from the academic year 2012-13. at least 32 engineering and business management colleges have thrown up their hands and called it a day.
Among the colleges going out of business are five engineering, nine MBA, 14 MCA, three pharmacy and one 1 PGDM colleges. The list includes the much publicized colleges such as Malla Reddy Institute of Management Sciences, Secuderabad, Rajahmundry Engineering College, Rajahmundry, Narasimha Reddy PG College, Medchal, Asian School of Business, Ranga Reddy, St Francis Institute of Computer Sciences, Qutbullapur and Anantapur Institute of Management & Sciences.
The lack of qualified faculty, inability of these institutes to maintain the standards set by All India Council for Technical Education (AICTE), the apex body that controls the technical, MCA and MBA courses in the country, and the inability of these institutions to pay the salaries fixed by the AICTE have also compounded the issue. “There are colleges which have not paid salaries of the faculty for months,” said a lecturer from an engineering college on the outskirts of Hyderabad.