Seven Top Indian Institutes of Technology (IITs) may soon be allowed to set their own fee structure without consulting the apex council responsible for governing these prestigious institutions in the country. The plan is to assist the IITs, especially the top seven – Delhi, Bombay, Madras, Kanpur, Kharagpur, Roorkee and Guwahati for improving their global rankings.
According to sources, the move to give a free hand to the institutions’ various campuses is aimed at enhancing their autonomy. The move to grant them fee autonomy is part of a larger project called Vishwajeet, which is aimed at assisting the IITs to improve their global university rankings. This is so because none of the IITs made their way in the top 200 of the prestigious Times Higher Education World University Ranking for 2016-17. Only IIT Bombay is the lone entry that too in the 351-400 rankings.
The IIT council approved project Vishwajeet on August 24 this year. To be part of the project, the IITs will have to ensure a corpus fund of Rs 500 crore by April 2018 and Rs 1,000 crore by April 2021. This would require systematic efforts for attracting alumni contributions, corporate donations and corporate social responsibility funds. Vishwajeet project is likely to help IITs solve their fund constraints, though the government is yet to allocate money to go ahead with the plan.
How to go ahead with the same: Each IIT will select five of its core areas of strength under the project, which will ensure specific interventions, including building new laboratories, hostels for international students, filling vacant faculty positions, and hiring foreign faculty.
The seven IITs will have to make a presentation on October 20, after which the fee structure aspect would be taken up.
In April this year, the Indian Institutes of Technology (IITs) were given a green signal to double their tuition fee from the academic session beginning this summer after former HRD Minister Smriti Irani approved an increase of 122 per cent from Rs 90,000 to Rs 2 lakh per annum. However, the fee hike will only be applicable to students admitted under the general category.
At present, the fee structure is determined by the IIT council, the top decision-making body, which is chaired by the Union human resource development minister and includes IIT directors and board of governors of each institute.
Details of the QS World University Rankings
As per the 13th edition of the QS World University Rankings, IIT Madras has shown improvement this year by climbing up five places, IIT Delhi’s rank slipped to 185, it was 179 last year. IIT Bombay has been ranked at 219, it was ranked at 202 last year. IIT Kanpur has been ranked at 302 against 271 last year. IIT Kharagpur has been ranked at 313 against 286 last year. IIT Roorkee has been ranked at 399 against 391 last year and IIT Guwahati is ranked in the 481-490 band. The top-ranked institution IISc. Bangalore has been ranked 152nd this year, last year, it was ranked at 147th.
As per the latest QS Rankings report 2016, five institutes from India have secured place in the list of Asia’s top 50 universities. Among the IITs, IIT Bombay is at 35th, while IIT Delhi is at 36th, IIT Madras at 43rd and IIT Kanpur at 48th position. IIT Madras and IIT Kanpur have jumped 13 and 10 places respectively. Last year, IIT Madras was at rank 56 and IIT Kanpur was at rank 58th. Both of them have shown tremendous growth in past few years. Going down, IIT Kharagpur is ranked at 51st, while IIT Roorkee and IIT Guwahati are ranked at 78th and 94th respectively. All these institutes are ranked under top 100.
Each IIT charges Rs 2 lakh from B.Tech students, though these institutes spend almost Rs 6 lakh a year on each student. Imagine what will be the fee structure now when the institutes themselves have been given the sole authority to decide the fee structure. Simply talking about the general category, only the students who belong to higher strata of the society will able to study in these renowned institutions. Will the dream of many children to be part of IITs will remain a dream…. Let us all wait and watch!!