Proposed IIT fee hike unlikely to be rolled back
The proposed fee hike to Rs 50,000 by the Indian Institutes of Technology (IIT) is unlikely to be rolled back.india Updated: Apr 06, 2008 18:00 IST
The proposed fee hike to Rs.50,000 by the Indian Institutes of Technology (IIT) is unlikely to be rolled back.
According to officials of the human resource development ministry, the hike was inevitable as these institutions spend almost Rs 2,00,000 on a student every year.
"The fee hike would help the IITs meet their requirements," said the official.
The director of IIT Delhi, Professor Surendra Prasad, has confirmed the hikes but said the government would take a final decision.
The subcommittee of the IITs council proposed a fee hike for all the seven institutes from Rs.25,000 to Rs.50,000 a year. The seven IITs are in Kharagpur, Mumbai, Chennai, Kanpur, Delhi, Guwahati and Roorkee.
According to official sources, Human Resource Development Minister Arjun Singh will consider the proposed fee hike. Singh is chairperson of the IITs council.
Despite doubling the fee, the IITs would still spend about Rs.150,000 on every student.
"The additional funds we will get through raising the fees will help us reduce our growing deficit. We have been proposing a fee hike for a long time," said an official of IIT Delhi.
Besides the tuition fee, IITs spend on boarding and lodging of students and also provide money to deserving students.
The seven existing IITs complain that they have not been allocated adequate funds in the latest federal budget. Instead, a huge share of the funds has been diverted to upcoming IITs in Bihar, Andhra Pradesh and Rajasthan.
Earlier, all the seven IITs had written to Arjun Singh pointing out the sorry state of affairs, saying many of them were on the verge of bankruptcy.
IIT Bombay had said that it did not have enough money to pay salaries to its staff. Many of these institutions have received notices from municipal agencies and electricity supply companies for failing to clear their bills.