New Delhi: The Indian Institutes of Technology (IITs) on Monday approved a hike in tuition fee for undergraduate students from Rs. 50,000 to Rs. 90,000 per year with effect from this year.
Human Resource and Development Minister MM Pallam Raju said the the Group of Directors of IITs and Empowered Task Force had recommended revision of fee and the revised rates will applicable to the new entrants to the undergraduate programmes.
The fee may revised periodically, he said.
After the 46th meeting of Council of IITs in Delhi, Mr Raju said that at present, the undergraduate students pay an annual tuition fee of Rs. 50,000.
The empowered task force had considered the details for implementation of the Kakodkar Committee which had recommended last year a steep hike of Rs. 2-2.5 lakh per annum from the existing Rs. 50,000.
The Group of Directors of IITs and Empowered Task Force had revised the downwards the recommendations.
The fee was last revised from Rs. 25,000 to Rs. 50,000 per annum from the academic session 2008-09.