The Indian Institutes of Technology (IITs) on Friday decided to raise the fee of M.Tech courses by up to 10 times to ₹2 lakh per year. The hike will be offered over three years, beginning from the 2020 academic session.
IIT Council, the apex decision-making body of the 23 IITs, also intends to stop the monthly stipend of ₹12,400 paid to M.Tech students who obtained admission through GATE.
The proposal has been made based on the advice of a three-member committee on reforms on MTech program in IITs. The official said, “The committee had recommended uniform fee structure for M.Tech program in all IITs and for charging the same fee for M Tech as in B Tech programs. Institutions are encouraged to move towards sponsored students or even sponsored programs as per the requirement of the industry.”