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

Uday Kotak on history, Indian economy, growth and more

Pathbreakers: How 10 Visionary Leaders Transformed India by award-winning journalists  By Sucheta Dalal and Debashis Basu Rupa Publications, 304 pages, Rs 695  

₹5,000 crore saved from suspected financial fraud

In a significant gain for citizen protection in the digital economy, the Department of Telecommunications (DoT) has helped prevent suspected cyber fraud losses of more than ₹5,000 crore through its Financial Fraud Risk Indicator (FRI) within fifteen months of its launch on May 22, 2025. This money did

Capital acquisition proposals worth Rs 1.10 lakh crore for defence forces cleared

The Defence Acquisition Council (DAC), under the chairmanship of Raksha Mantri Rajnath Singh, on Monday accorded Acceptance of Necessity (AoN), that is, in-principle administrative approval to various acquisition proposals of the defence forces at an estimated cost of about Rs 1,10,000 crore.

How Rafi, Raj Kapoor helped pave the way for a great uranium deal

There`s a certain moment in diplomacy that`s too personal to be captured in a communiqué, too small to make the front page, but more revealing than the front page. This week, prime minister Narendra Modi reached Tashkent and, amid the pomp of state visits, managed to evoke the old Bollywood tunes

Distinguishing Fish 1 and Fish 2: The pragmatism behind India’s WTO ratification

 India became the 123rd WTO member to ratify the multilateral Agreement on Fisheries subsidies (AoFS) when it deposited the Instrument of Acceptance for Phase 1 on July 20, 2026. The ratification is restricted to disciplining Illegal, Unreported and Unregulated fishing (IUU), protection for overfished

The 7% growth problem: Why the next 7% will be harder

India has become accustomed to hearing the 7% growth number. It is now less a milestone than an expectation. Yet the paradox is becoming clearer: maintaining 7% growth may be considerably harder than achieving it once. India’s real GDP grew 7.7% in FY2025–26, following growth of 6.5% in FY202

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter