Deemed University fracas

What will happen to the thousands of students who have enrolled in the deemed universities depending on the approval given to these universities. Government has said that the students will be protected, but not mentioned how this will be done. Is the government fooling people. Almost all the deemed universities are run by powerful politicians and they have built infrastructure running into crores of rupees. Why does'nt the government leave the education sector to private sector play and get out of micro regulating the sector.