News East West
NEW DELHI: With fee revenue from students meeting only just about 7 percent of IIT expenditures, the upcoming IIT Council meeting next month will discuss major changes to their fee policies to increase resources.
Currently, only 50 percent of the students at IITs pay fee. SC/ST students, who account for 22 percent of the student population of IITs, don’t pay any fee at all. Another 25 percent students, whose parental income is less that Rs 4.5 lakh, also get fee waiver.
Thus, it is the HRD ministry that meets expenditure requirements of IITs through financial grants.
With Indian taxpayers supporting IITs heavily, the IIT Council meeting on Sept 3 is expected to serious consider changes to fee policies to raise more resources, particularly after a study by IIT Bombay suggested that all students must pay fee.
The IIT Bombay study has also suggested that those students who get fee waiver must also pay and get their funds as fee-scholarship from the Direct Benefit Transfer Scheme. The Planning Commission of India is reportedly on the same page on this issue as IITs deal with resources crunch.
The IIT Council will also discuss the creation of a dedicated technical cadre so that faculty members are not burdened with administrative responsibilities and allow them to concentrate on teaching and research.