After IIMs, IITs propose fee hike

IIT students are presently paying Rs 25,000 per annum as fees, which could be increased up to Rs 50,000.

With IIMs hiking their fees, the IITs have proposed a similar step to augment their resources.

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"There is a proposal to hike the fee. But the final decision will come from the government," Prof Surendra Prasad, Director of IIT Delhi, told PTI on Tuesday.

The students in all the seven IITs are now paying Rs 25,000 per annum as fees. It could be increased up to Rs 50,000, he said.

"All our needs are met by the government. But increasing the fee would help us strengthen our economic health," he said.

The proposed fee structure, once accepted, will be implemented in the seven IITs. Over 4,000 students take admission to courses in the IITs at Kharagpur, Mumbai, Chennai, Delhi, Kanpur, Guwahati and Roorkee every year.

The move to hike the fee comes a few days after the IIMs decided to increase their fees for their two-year post-graduate programmes.

While IIM Ahmedabad has decided to increase the fee from the current Rs five lakh for both the years of the course to Rs 11.5 lakh, IIM Bangalore would increase its fee to Rs nine lakh from Rs five lakh.

IIM Kolkata has similarly decided to increase the fee to Rs six lakh for the entire course from Rs 3.75 lakh at present. IIM Kozhikode has decided to increase the fee to Rs six lakh for the two-year programme from Rs 3.85 lakh at present.

The move to hike the fee in IITs comes ahead of its entrance examinations on April 13 when about two lakh students would take the test to qualify for admission.