Indian colleges are loosing their orientation

Indian B-schools and Engineering colleges are not imparting to the students what is required to them but they are trying to get placement figures up.By keeping in mind today's scenario that how the world is suffering from different problems like technical,india loosing market reputation and slowdown,these colleges should impart knowlege oriented,problem oriented study instead of placement hence these students can solve these problems before they happens.
                                                                When we see slowdown like in Europe,USA can't we provide them better solution to beat these problem and hence creating a good image in from of them.