Kakodkar panel suggests steep hike in tuition fee at IITs
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The Anil Kakodkar committee on reforms in IITs has suggested a steep hike in tuition fee for its courses from Rs 50,000 at present to Rs 2.5 lakh per student annually, notwithstanding HRD Ministry's objection in this regard.
Observing that the fee charged by the IITs should cover the full operational cost of education, the committee has contended that the hike "would be reasonable considering the high demand for IIT graduates and the salary that an IIT B.Tech is expected to get".
HRD Minister Kapil Sibal had earlier objected to the hike at the IIT council meet and stressed on reworking it, saying the hike will act as a "deterrent" for aspiring students.
The recommendations presented to the minister yesterday by Kakodkar, former chairman of the Atomic Energy Commission, would, however, be studied closely by the IIT council before taking a call.
The panel has also recommended an Executive M.Tech programme for about 10,000 working professionals from industry through live video classes to enhance the knowledge base in Indian industries.
To support research at these premier technical institutes, the committee has suggested that the HRD Ministry should provide plan funds at Rs 1.5 lakh per student annually.
A hassle-free bank loan scheme specific to IIT students has also been proposed.
Further, the committee has proposed that HRD Ministry should fully provide fees and living expenses as per currently prevalent norms at IITs for all research students (PG) as well as undergraduate students from weaker sections.
In addition, all students whose parental income is less than Rs 4.5 lakh per annum (to be revised from time to time), should be paid scholarships covering 100 per cent fees, and a monthly stipend.
Incentives in the form of "deferment" of loans for students entering postgraduate education and research, and proportionate repayment of loan for students joining as faculty and researchers into programmes at IITs and other areas identified by the Government, have also been proposed.