The annual Tuition fee for undergraduate courses in all 23 branches of the Indian Institute of Technology (IITs) will be hiked from Rs 90,000 to Rs 2 lakh from the upcoming academic year. This comes after an IITs panel cleared a proposal for a three fold fee hike, from Rs 90,000 to Rs 3 Lakh per year, and sent it to the HRD ministry for approval.
Currently, the IITs have a 15% reservation for SCs, 7.5% for STs and 27% for OBCs. The 66% concession in fee will benefit a much larger number of students from the middle class and lower middle class segments.
Addressing an event in Surat to mark the Bharatiya Janata Party’s foundation day, Smriti Irani also said that those students who come from families whose annual income is less than Rs 5 lakh will be given a 66% concession in tuition fees. She added that the move will benefit nearly 50% of the 60,471 students enrolled in India’s top engineering institutes.
The All India General Secretary of SFI, Bikram Singh welcomed the decision, saying that it will help the poor Dalit and other backward class students. However, he also criticized the decision of IIT’s to open its door for foreign students and increase its annual fees, saying it will put a bar on poor students getting chance in the top technology institutes of India.