IIT billing can take a hike

A baffling method of recovering costs from its graduates

sarthak

Sarthak Ray | September 22, 2011



The government has hiked the fees for undergraduate engineering courses at IITs from Rs 2 lakh to Rs 8 lakh, which will apply from 2013.  The hike leaves out SC, ST and OBC students and graduates from the general category who are unable to afford it or choose to study further.Those being charged can pay the amount in easy instalments after they take up job offers. While the hike is a welcome move, the motive behind it and the structuring of its payment seem questionable. One, why will only a certain class of students have to pay? Generous subsidies from the government cushion the students from bearing the full weight of the cost of their education. At the IITs, the government picks up a tab of Rs 6 lakh per student. Proponents of subsidising higher education, especially at the IITs, need to revisit their arguments in the light of today’s realities. Engineering placements, especially at IITs, are a sellers’ market. Paying the hike in easy instalments wouldn’t strain graduates with stellar starting salaries.

Two, what exactly does the government hope to achieve? Is it really serious about recovering costs? A more pragmatic move would have been to hike the fees upfront without the late-payments rider. There are many nationalised banks with soft-lending options for students who want to get into premier institutes. The arrangement has worked so far, and will work far into the future. On the surface, it would seem like the government wants graduates to choose academia over corporate (with the reprieve for those choosing further studies). But the amount is too low to deter one from taking up a high-paying corporate job in favour of working in a government laboratory.

Three, what’s with the caste rider? With four years at IIT behind him/her, would the caste of an applicant matter to a Google or Texas Instruments? Of course, there are far lesser dalits in big jobs than there should be. But the remedy is ensuring that more of them get into the IITs and other desi Ivy League institutes, not being ingratiatingly (politically) charitable on those graduating out of them. Some would argue that the statutes on relaxed fees for dalits will be contravened if they are asked to pay. Well, in that case, why not give them the option of paying back a commensurate differential instead of foregoing the entire amount? Affirmative action should be directed at the premier institutes which are burdened under the cost of educating each student, whether from the general category or from a caste list.

Lastly, will it tax the entrepreneur? Not a word on what happens to the those who decide they will be offering jobs instead of looking for one!
 

Comments

 

Other News

Before India voted, the framers worried about the referee

“We are making a Constitution forever and not only for today.” Shibban Lal Saksena said this in the Constituent Assembly on June 15, 1949. He was warning that a ruling party might one day choose a loyalist to run India’s elections. Seventy-seven years later, the Supreme Court is wrestli

Delhi moves to real-time traffic management

The Cabinet Committee on Economic Affairs (CCEA), chaired by prime minister Narendra Modi, has approved implementation of the ITMS Project by Delhi Police at an estimated cost of Rs.1,789.52 crore, inclusive of taxes. The project will cover 42 identified traffic corridors and will be implemented in three

MDR on UPI: Can sustainability come without weakening the network?

The extraordinary transaction volumes and value (₹29.82 Lakh crore in August 2026 alone) of the Unified Payments Interface (UPI) have made it not only an Indian success story, but a global one. In 2024, UPI accounted for nearly 49% of the world’s real-time payment transaction volume, with more th

The Xi-Trump summit: The unending rivalry

Diplomacy is akin to an art, wherein the summitry, conflict resolution and negotiations form apt constituents of the entire context of deal making and “playing for keeps” in the international arena. The Xi-Trump summit in Washington last week, in which the American president broke all conside

“Indians, yet treated like outsiders”

Moving to Delhi-NCR for education can be an exciting experience for students from Northeast India. It gives us a chance to meet new people, experience a different culture and become more independent. But living away from home also comes with challenges that people who have not experienced them may not al

Import duty on major edible oils cut

The government has reduced the Basic Customs Duty (BCD) on major imported crude edible oils with a view to moderating domestic edible oil prices, providing relief to consumers and mitigating inflationary pressures arising from the sharp increase in international edible oil prices.  

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter