Friday, 8 February 2013

Committee recommending a fee of 2.25 lakh per year at IITs, Task force set to discuss huge fee hike

According to sources Anil Kakodkar committee has recommended a fee hike for undergraduate IIT students from the present Rs 90,000 to Rs 2.25 lakh a year. The human resources development (HRD) ministry has set up a task force to examine the idea and provide soft loans to eligible students if necessary to help them pay the increased fee.

Justification behind this huge fee hike:
The Kakodar committee has justified a hike in fee for B.Tech students, arguing that the institutes should be able to collect per-capita operational cost from them instead of depending on government grants.
“The Union government provides Rs 200 crore to each IIT at present in lieu of the fee. We have students from various economic groups, from the son of a truck driver to a son of a rich businessman. While a rich man’s son will not have difficulty paying the increased fee, soft loans will be provided to others who may not be able to afford it otherwise,” said Professor Bhaskar Rama­murthi, director, IIT-M.
IIT faculty also feels that fee hike is unavoidable as the government cannot subsidise it for all section of students.

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