Wednesday 21 November 2012

" IIT Fee " rise by Rs 40,000 per annum

 

The standing committee of the Indian Institute of Technology (IIT) Council which meets in Mumbai on November 5 is expected to recommend raising fee from RS 50,000 to rs 90,000 tuition fee of undergraduate programme
The development comes as an empowered task force is still considering the details for implementation of the Kakodkar Committee which had in 2011 recommended a steep hike of Rs 2-2.5 lakh per annum from the existing Rs 50,000.
According to sources, as the task force is in the process of deliberation, the directors said the reason of raising the fee by RS 40,000  per annum as an "interim measure". The Kakodkar Committee constituted by the Council of IITs had suggested the four-fold increase in tuition fee to help IITs attain financial independence.