The Mumbai High Court has directed the state education department to shut down 20 bogus technical institutes operating across the state, one of them being the ITM Institute of Financial Markets at BSEL Park, Vashi. Looks like after the Rai University educational institutes scam, the fate of students in another 20 bogus technical institutes lies in the balance. The nightmare for 2000 students has just begun after the decision of the Mumbai High Court came in wake of the PIL filed against the mushrooming of bogus technical institutes without proper permissions in the city. Out of the 20 colleges, nine of these colleges are in the city, a majority in Santa Cruz and Dadar, some in Pune and one each in Thane and Vashi. These institutions run courses in engineering and management studies and with their shut-down, about 2,000 students future would hang in the balance. On February 2007, the state had appointed a committee to look into the colleges operating illegally in the city in which 64 institutes were found in order and 14 were bogus, following which a report was submitted in June 2007. In the meantime, the state had asked the institutes to stop conducting classes. The state has been directed to seal these institutes and if necessary, prosecute the managements of these colleges. ITM Institute of Financial Markets at Vashi that is one of the institutes that has been declared bogus, not surprisingly the management refused to speak with us and every effort was made that students do not come face to face with the media.
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