I wonder if India faced a problem similar to the for profit college system in the us, where a lot of the programs were fake.
The programs in the US weren't fake ...
The US government (VA, etc.) didn't like paying for schools that had low graduation rates, or had high student loan defaults, so closed them. In some cases, legit trade schools were closed, like Wyotech:
https://en.wikipedia.org/wiki/WyoTech
Ironically, this being HN, private investor groups trying to monetize education were behind a lot of the closed schools.