Pursuing postgraduate studies and research in the sciences and engineering is set to become more lucrative.
Research scholars at the Indian Institutes of Technology and all other central science and engineering schools will soon receive a massive hike of up to 33 per cent in the monthly stipend they receive. The human resource development (HRD) ministry has communicated the decision to all central institutions including the IITs.
The move is a key component of the aspirations voiced by PM Manmohan Singh and HRD minister Kapil Sibal to once again attract bright young brains to research, top government sources have told HT. "You could call it an early bonanza ahead of the coming festive season," a source said.
Apart from the IITs, students and research scholars at the Indian Institute of Science (IISc), Bangalore, the Indian Institutes of Science Education and Research (IISERs), the National Institutes of Technology (NITs), and the Indian Institutes of Information Technology (IIITs) will also benefit.
The HRD ministry letter to the Directors of these institutions also says the "revision in rate will be applicable to other government and government aided institutions funded by the All India Council for Technical Education and University Grants Commission."
Students who graduate from the undergraduate B.Tech programme at the IITs with a Cumulative Grade Point Average of over 8, and those who clear the Graduate Aptitude Test in Engineering will now receive R16,000 a month during their PG research. They receive R12,000 a month at present.
PG degree holders in the basic sciences and students who have qualified in the National Eligibility Test will get R18,000 a month till their fifth year of PhD research. Students who hold PG degrees in engineering will receive R18,000 a month during the first two years of research and R20,000 a month during the next two years.