IIT Council decides to increase M.Tech fees by ten times; hike upto two lakhs in 3 years
Gaurav Pandey | September 28, 2019 | 10:20 AM IST
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.
Follow us for the latest education news on colleges and universities, admission, courses, exams, research, education policies, study abroad and more..
To get in touch, write to us at news@careers360.com.
Featured News
]- Education ministry, World Bank report flags skills gap; BFSI, digital media ‘must be top priority for schools
- Study Abroad: New Zealand revises post-study work visa rules for international postgraduate students
- Maharashtra Election 2024: State’s job scheme stumbles; just 21% apprentice placements in private firms
- ‘First-of-its-kind’: IIT Madras, IIM Udaipur, IIIT Nagpur hostels to be built in PPP-mode
- IIM Calcutta, Delhi, XLRI: How management schools are planning new ways to improve NIRF ranking in research
- Study Abroad: India beats China in race for US education, leads with 3.31 lakh students, says report
- Delhi University students, teachers demand removal of principal accused of slapping Dalit student
- These MBA specialisations are seeing a surge in demand, jobs
- Education News This Week: Fake news on CBSE exams; UPPSC protests, crackdown on coaching ads
- CAT 2024 and a day on campus: How Nirma University plans MBA admissions