Seven IIMs hiked fee in last 2 years: Smriti Irani

New Delhi: Seven out of total 19 Indian Institutes of Management increased their tuition fees in the last two years with IIM-Lucknow hiking it by nearly 30 per cent, the government said.

HRD minister Smriti Irani shared the data in Lok Sabha providing details on the fee hike. According to the data, IIM-Ahmedabad and IIM-Shillong increased their fees by 5 per cent and IIM Lucknow by 29.6 per cent.

 

IIM Calcutta Hikes Fee by 16 percent for PGP Courses

IIM-Calcutta hiked its fees by 17.3 per cent, IIM-Kozhikhode 23.1, IIM-Ranchi 19 and IIM-Trichy 20.

"The fees in IIMs are not linked to the fees in other institutions in the country. IIMs are autonomous institutions and are governed by their respective memorandum of associations and rules of the society which include the fixing of fees and other charges as per provisions contained therein," Irani said.

"The hike in tution fee has not adversely affected poor and lower-class students since institutes extend financial assistance, including up to full tuition fee waiver and maintenance allowance, to needy students," the minister said.

Also Read: Six New IIMs to Come up Across India

PTI

For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

--Or--
Select a Field of Study
Select a Course
Select UPSC Exam
Select IBPS Exam
Select Entrance Exam
Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X