This is a very good thing I was waiting to happen. Many Developed countries've this.,Anybody can get an educational loan from any Public Sector Bank if they get an admission in IIT/IIM. Once they finish they can payup from the salary they make. If people want IIT to be a gateway to overseas, why should govt pay for it? This will create more talent within India. Govt can even form a fund to give scholarship and loans to poors students at very low interest. Too much freebies will spoil the country. I passed from one of the NITs with no quota. The fees I paid was only 10k a year including hostel fees. My father could afford my education or get me a loan if the fees were 2.5 lacs a year. Why should India govt pay for my education when only 10% of Indians reach college. They should utilise the money elsewhere to build schools and colleges. I sometimes regret the way our system works. So as a moral/social responsibility I now regularly help poor students get education. But for every to have access make education loans easily accessible for professional courses without any security at low interest rate. Subsidised education for professional courses is not the answer. I've seen many people who come in NITs/IITs in various quota and get money for studying including fees when their parents are earning more than most middle class families. Why should govt do these using tax payers money? Giving financial support should be based on income of family not based on Cast/creed as it's done
I, being an alumni, can tell certain inside facts. IITs have a scholarship scheme called Merit-Come-Means, under which, non-creamy layer students with CPI above 6.5 are returned entire tution fees. Only ostel, mess etc charges are levied on them. This scheme continues to exist through fee hikes in last few years and will continue, So please don't make such a fuzz about this decision.
Fee hike in IIT is not a wise decision. It will block a lot of talent to reach to IIT. IITs have a good infrastructure for generating their own income and reduce the wastage and non productive expenses. It is not the funds but a poor management in the institutions which is responsible for financial crisis. Every institution can generate their own income by taking sponsorship from outside and adequately managing their expenses. Theft of funds, negligence, carelessness of governing body and no proper control on the employees is responsible for any crisis. Just increasing the fee is a stupid man's decision. which any idiot can think. But the wiseman's decision would be how to increase the funds or manage within the limit of available funds.
most of the top institutes prepare the students for career in corporate, govt., r&d, educational institutions. when one looks at the top business leaders and of course the politicians of first generation, civil servants , intellectuals, scientists, , one will find zero influence of the educational institutions on their performance and they are self made. during British colonial times, the institutions were preparing the students for a career in govt. service and few of them in educational institions etc. it changed to include private corporations later. and it stands there still.
just like law, accountancy, medicine the students should be trained to become entrpreuners. the task is tougher than the requirement for any faculty position in IITs, IIMs or IIsc. etc. he has tb an entrepreuner of entrepreuner
The government is providing subsidy to many things . why can't they provide subsidy for the poor and middle class students in education field especially when it comes to professional couses-prestigeous like IIT.As a matter of fact they can collect only nominal fee from these students .
Let the bright students from all sections of society enter into to these prestigeous institutions. IIT COUNCIL -- GOVERNMENT PL....... THINK AND ACT
Those days there was a lot of craze among 2 science student community, about IIT.
Presently, I see that all that glitter has simmered away.In general, Engineering degree initself has lost its commercial value.Proof... thousands of vacant seats in engineering in various states.Hundreds recent years graduates working for a pittance in workshops (not big companies).Some of those who feel very fortunate are working for a few good companies BUT the kind of working style these companies pose to these engineers is highly injurious to physical and social health of these beings. Today a BE or B.Tech or M.Tech is like BA of yesteryears ( 1900s).It has become very cheap. I do not know much about IT and Compu related degrees.
This is worse than the Jallianwallahbagh massacre .Govt should think in the lines of giving free education to all IIT students .If the Govt can give freebees for good for nothing things why not for them. Or they can get sponsors .IF THE GOVT CANNOT DO ANYTHING ON THIS LET THEM RESIGN AND PAVE WAY FOR OTHERS
Those days there was a lot of craze among 2 science student community, about IIT.
Presently, I see that all that glitter has simmered away.In general, Engineering degree initself has lost its commercial value.Proof... thousands of vacant seats in engineering in various states.Hundreds recent years graduates working for a pittance in workshops (not big companies).Some of those who feel very fortunate are working for a few good companies BUT the kind of working style these companies pose to these engineers is highly injurious to physical and social health of these beings. Today a BE or B.Tech or M.Tech is like BA of yesteryears ( 1900s).It has become very cheap. I do not know much about IT and Compu related degrees.
