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The government is planning to hike college fees substantially as the mid-term appraisal (MTA) of the 10th Five Year Plan has advocated the fee hike in higher education. The Planning Commission has already considered the issue, and feels that a substantial increase in fees, combined with an aggressive meansbased scholarship and loan programme, is the need of the hour.
Suggesting the framing of a clear policy for inviting private sector investments in education, the Commission said: In order to provide more resources for increasing access and improving quality, apart from a substantial increase in public funding, increasing the fees paid by students is equally necessary.
The Planning Commission has asked the central government to take the lead by increasing fees in the central university. When banks are offering long-term education loans in easy instalments, there is no need to subsidise higher education. Students can easily repay the loan amount once they get a job. Hence, the government should allocate more funds for primary and secondary education, a senior government official said.
The MTA has expressed concerns over the fact that no Indian university figures amongst the worlds top universities. A separate programme is needed to improve and upgrade selected universities to world standard. To make these universities globally competitive, faculty, funds and infrastructure of international standard should be provided, and supported by appropriate policy changes, it suggested. The government has allocated Rs 4,176 crore in the 10th Five Year Plan for the growth of higher education system in India a 67% jump from Rs 2,500 crore allocated in the 9th Five Year Plan ended March 02.
Indian universities need resources to compete with the Harvards, Oxfords or Cambridges. So, the fee structure of Rs 15, Rs 20 or Rs 25 a month will soon enter the annals of history.
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Source
THE TIMES OF INDIA
Date
2005-10-31
Information
After resisting a fee hike this year, Indian Institute of Management-Bangalore (IIM-B) has decided to implement from 2006 a 10 per cent increase in fee for the post-graduate programme in management.
IIM-B is first among the Big Three IIMs to .....
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