Last month, the Standing Committee of IIT Council (SCIC) had approved a three-fold hike in annual fees.
Last month, the Standing Committee of IIT Council (SCIC) had approved a three-fold hike in annual fees.
The annual fees for undergraduate courses in the prestigious Indian Institute of Technology (IIT) has been hiked from existing Rs 90,000 to Rs 2 lakh from upcoming academic session and there will be total fee waiver for SCs and STs, the differently-abled and those belonging to economically weaker sections.
A decision to hike the fee by over two-fold has been taken by the HRD Ministry following a proposal by an IIT panel, HRD Ministry officials said.
Last month, the Standing Committee of IIT Council (SCIC) had approved a three-fold hike in annual fees.
Currently, the IITs have a 15 per cent reservation for SCs, 7.5 per cent for STs and 27 per cent for OBCs.
Students belonging to families whose annual income is less than Rs 1 lakh will be able to avail 100 per cent fee waiver, along with those belonging to Scheduled Castes and Scheduled Tribes and the differently-abled.
Students belonging to families with annual income below Rs 5 lakh will get waiver of two-third of the fee.
The announcement came a day after Human Resource and Development Minister Smriti Irani promised of a fee waiver for all the SC/ST, Dalit and physically challenged students of 23 branches of the IIT.
Iani said students hailing from families whose annual income is less than Rs 5 lakh will be given 66 per cent concession in tuition fees.
She added that the move would benefit nearly 50 per cent of the 60,471 students enrolled in India's top engineering institutes.
