You have surely raised quite a valid point. Today, we have institutions for professional courses in every nook and corner of our country. Institutions, owned by some well known public figures and while some are well established over time. And their count keeps on increasing every year. Facilities and faculties keep on changing as well as their tag prices. Syllabus changes and so do the regular textbooks. But there is one thing that doesn't change but is ought to change which is - FOCUS . These institutions rely on achieving the standards set by them and not by the industries. They impart skills in individuals, which at large, don't meet the requirements of their workplace. So, the degrees being handed out to students at the time of completion of course are merely a paperwork and lack the seal of authority which could provide them a suitable placement.
A suggestion in this regard can be that rather than increasing the head count of institutions in the country, the education officials should rather increase the head count people suitable to be employed in any part of this competitive world. This could be only done if the requisite impetus is given to practical or industrial or employment-driven setup rather than the ongoing curriculum setup!!