All India Council for Technical Education (AICTE) recently stated that it will be adding no new Engineering institutes till 2022 and the focus will be on upgrading the traditional courses into new-age ones. The engineering institutes across the country has witnessed a steady decline in the number of students opting for engineering and therefore many seats remain vacant. On average, 46 per cent of seats are vacant across the country. In Maharashtra, it is the worst wherein there are 56 per cent of vacant engineering seats in the academic year 2018-2019.
In a bid to solve this problem, All India Council for Technical Education (AICTE) committee members suggested that institutes should focus on introducing undergraduate programmes in new-age courses such as Artificial Intelligence (AI), blockchain, machine learning, data science and analytics, cloud computing and robotics.
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Notably, Thadomal Shahani Engineering College (TSEC) in Bandra are planning to start Artificial Intelligence (AI) and Data Analytics courses from the next academic year as there is a demand for these courses from employers across the globe.
In the recent budget that was declared by the Brihanmumbai Municipal Corporation (BMC), there was a hike in the education budget as compared to the previous years. In 2019-20, ₹2733.77 crores were allocated for education while the same has been increased to ₹2944.59 crores this year. This year, the education budget has been increased by almost 7.7 per cent, i.e. ₹211 crores as compared to the last year. The civic body has allocated ₹2.50 crore for primary education while ₹45 lakh also been allocated for secondary education. The officials have decided to provide financial aid for the undergraduate degree. BMC will allocate ₹50 lakh to for first 25 rank holders from the state board (SSC).
BMC has also proposed to set up a digital telescope and mini observatory to give students a first-hand experience of space science. A budget allocation of ₹ 26 lakh has been made for the same. As per the grants from Maharashtra government, the budget provisions of ₹1031.92 crores has been made under primary education assistance. Moreover, the proposal for revenue of ₹129.94 crores for secondary education has been made.
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