MBA/PGDM admissions beyond IIM's - Will policy changes sustain?

The picture is one I took outside the PGCET counselling centre Bangalore. There were 50-60 institutes pushing their brochures, conducting street-site counselling etc. Aggressive, cut-throat, mercenary...all will fit with marketing of management courses in India now.

The number of seats vacant in MBA/PGDM colleges for the year 2010 is a number that surely means that there are 30-40% more seats than there were students looking for admission last year. Perceived Quality matters. Obviously, the seats that were not filled were in institutes that were relatively unknown and/or those that dependent on government to fill in the seats.
 MBA @ around Rs.20,000 in AP and around Rs.50,000 in Karnataka (merit based govt admissions fee) and still no takers. Where will this go?
The recent policy on admission process, fee and maybe even syllabus announced by AICTE will surely keep the well known PGDM looking for ways to regain the freedom.
Admissions in 2011 will be interesting and consolidate the B school industry.....may even be the tipping point.
Do write in with your comments and watch this space for more on this.