The government has approved doubling of fees in the Indian Institutes of Technology (IITs). The HRD Ministry has approved the recommendation of the CNR Rao Committee that the fee for B Tech and M Tech courses be raised from Rs 25,000 to Rs 50,000 per annum. Though the government had assured that there would be adequate scholarships for the weaker sections, especially at the post graduate level, it appears that the total amount allocated for scholarships has not been increased.
The committee said a hike was necessary for IITs to cope with the rising cost of education and running the Institutes, a view also shared by the ministry.
Sources said the new fees structure would be effective from the new academic session. The new fee structure would be applicable to all IITs, including the three new one being set up in Andhra Pradesh, Bihar and Rajasthan.
The last fee hike in IITs was effected in 1998 and since the cost of education on account of infrastructure and faculties has gone up, the ministry accepted the fee hike proposal, they said.
Source: Economic Times, May-08-2008
