The cost of quality education is increasing day by day. We see regular hikes in fee structures in reputed institutions which make it more and more difficult for students coming from lower income groups to get admitted in them. The resolution for a fee hike in the annual fees of IITs was approved by an IIT panel last month. The Union Human Resource Development Minister, Smriti Irani has approved more than a two-fold hike in annual fees for undergraduate courses in Indian Institutes of Technology (IIT) from the present Rs 90,000 to Rs 2 lakh from the next academic session which is about to start.
The body of IIT directors and senior officials called the Standing Committee of IIT Council (SCIC) has earlier voted for a three-fold hike. But later the decision had to undergo certain changes to accommodate and facilitate financial conditions of various groups of students who would seek admission in the institutions. However the HRD minister, Smriti Irani has agreed to waive off fees for Scheduled Caste/Scheduled Tribe, Dalit and physically challenged students of all the Indian Institutes of Technology (IITs) across the country.
Along with this new reform of waiving fees for the particular group, HRD minister has decided to waive the fees of the particular students, the family of the students which have an annual income of less than Rs 5 lakhs, will be given a 66 percent concession in the fees. Though the situation, in general, seems grim for general students, the panel has decided to provide a special allocation to see that financially weaker section do not get the worst blow.
Image Courtesy: Google Images