In the coming college session 2008-09 of Engineering, around 10 new colleges will add to the existing 19 colleges in the state of Chattisgarh. Also the number of seats in the existing colleges will go up. That would mean around 10000 seats for engineering admissions. Similar conditions exist in other states too where day by day new colleges, technical or otherwise, are coming up. Education is the one of the biggest investment areas now in India. Big parties are pooling up their legal or illegal money and setting up colleges. Just by showing basic fulfillment of norms, they are getting approval from the AICTE too. Students getting absolutely any rank or even no rank in the state’s entrance exam can now get admission in Engineering easily. The fees of this state is more than Rs.50000 per year, not taking into account donation money for management quota seats.
The question that arises is whether this education boom is actually a boon or bane? Will it prove useful in the long run for India or will it spell out the doom of Indian technical workforce? These are the important points to be considered before deciding the answer to this question.