(Chronicle note: The news item states that fees at IITs may be increased to Rs. 90,000 per year if the IIT Council approves the proposal on Jan 7 meeting. Currently, the fees charged by our institute (about Rs. 33,000 per year) are the lowest among all 16 IITs. After the revision, the fee will also increase. Refer to our fee structure on institute’s website at:
Fee Structure for 4-Year B. Tech./B. Pharm., 5-Year M. Tech. Dual Degree and 5-Year Integrated M. Tech. Programme: (2010-11 onwards)
Ritika Chopra | New Delhi, November 6, 2012 | UPDATED 08:40 IST
The decks have been cleared for a substantive hike in tuition fee at the Indian Institutes of Technology (IITs).
The 13 (correction- 16 IITs) elite tech schools could increase their fee for undergraduate programmes by 80 per cent - Rs.50,000 per annum to Rs.90,000 per annum - from the next academic year if the IIT Council approves the standing committee's recommendation finalised on Monday.
The IIT Council is the final authority on this issue and is scheduled to meet on January 7. If approved, this proposed increase in the fee will not affect students from the Schedule Caste, Scheduled Tribe and OBC quota. It's only meant for the general category students.
The suggestion seems well-timed as the HRD ministry has recently witnessed a change in leadership.
It would be interesting to see if this recommendation can pass muster at the meeting of the IIT Council under the chairmanship of the new HRD minister M.M. Pallam Raju as his predecessor Kapil Sibal wasn't in favour of a fee hike.
Last year, he along with all IIT directors had agreed "in principle" on an alternative by which all IIT graduates would have to reimburse their alma mater the expenditure incurred on them after having found a job.
According to members of the standing committee, the IITs cannot wait for Sibal's idea to materialise as its implementation hinges on political consensus. For the uninitiated the National Academic Depository Bill is still pending in the Parliament.
The Bill enables a shift to "demat" degrees.
"Once the Demat system is in place, then the degrees of the IIT graduates will reflect the obligation to pay back to the institute and money will come back via the employer," Sibal had told reporters immediately after the IIT Council meeting in September last year.
Although, HRD ministry officials insist that Sibal's proposal still stands, they agree that till the idea is implemented there is a need for immediate fee hike as there has been none at least for the last three years.
The suggested fee hike has been justified on the ground that the annual budget of the IITs has been consistently increasing (because of inflation) with no corresponding increase in their income.
"What we get from the government is quite less than our budget. And looking at the present fiscal situation, it's unlikely that they will increase our grants.
Increasing tuition is the only way for the IITs to make up for this huge deficit," an IIT director, a member of the standing committee, who did not wish to be identified, said.
"The proposed fee of Rs.90,000 per annum is still way less than what good private institutes charge today. Moreover, many general category students are also covered under scholarship. So effectively, this hike will only affect 30 per cent of the total students," a ministry official said.
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Chronicle November 2012 issue will not be published. The December issue will be published as usual in December 2012. The Chronicle is published every month since May 2005. There is plan to publish it bimonthly (once every two months). However, no decision has been taken yet.
a) In this issue, the information about the following scholarships and awards are highlighted. Please read more in the Alumni World page of this issue.
*Prof. B. B. bansal memorial Scholarship for the children of non-teaching staff
This scholarship is introduced from this year by our alumni association. It is in the memory of late Prof. B. B. Bansal, Dept. of Mechanical Engineering. The application forms will soon be available from the pffoce of Prof. V. K. Srivastava, Dept. of Mechanical Engineering.
*Alumni funded scholarships for the needy students
Applications are invited from the first year students for scholarships based on financial needs. Please read the article and apply for Shri Naresh Jain and Christopher Jain Scholarship and Yogesh K Upadhyaya Scholarship.
b) The election for Council of Representatives (CoR Council) is announced on Alumni World page. The election is for both alumni and students. Please read the article and apply accordingly.
Institute of Technology, Banaras Hindu University
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