IIT Council decides to increase M.Tech fees by ten times; hike upto two lakhs in 3 years

New Delhi, September 28: IIT Council conducted a meeting on September 27, 2019 which was chaired by MHRD Ramesh Pokhriyal 'Nishank' to introduce some changes in the fee structure of M.Tech courses. The council has now approved to increase the fees of M.Tech courses offered by the institutes. Along with the fee increase, the board has also taken decisions on restriction of monthly fellowship awards.

According to the council, the decision of fee increase has been taken to create uniformity between the fee structure of B.Tech and M.Tech courses. The apex body has also approved the committee's recommendation for a uniform fee structure for M.Tech programme in all IITs. This means that M.Tech courses will soon cost as much as B.Tech programmes. Currently, the fees of B.Tech programmes is Rs. 2 Lakh per annum and for M.Tech courses, it is Rs. 20000 per annum. The increased fees will be introduced in the next three years’, starting from the upcoming academic session.

The apex body has also decided to restrict the eligibility for the monthly stipend of Rs.12,400 given to M.Tech students who join IITs on the merit of their GATE score. In 2019, around 9,280 out of the 12,000 first-year M.Tech students secured admissions on the basis of their GATE score. The council has also decided to introduce an evaluation system for faculty members to remove the incompetent ones.

The performance of non performing faculty members will be reviewed by an Internal Review Committee after 3 years, and also by an External Review Committee after the 5th year.