Stipend for engineering, science students hiked by 33pc
Good news comes for research scholars across the country. The monthly stipend of students in the Indian Institutes of Technology (IITs) and other central science and engineering schools would be increasing by 33 percent. This has been announced by the Human Resource Development Ministry.
All institutions have been informed this decision. This move is expected to make postgraduate studies and research in sciences and engineering become more attractive and lucrative for the students.
This significant hike will benefit the students from the IITs, the Indian Institute of Science (IISc), Bangalore, the Indian Institutes of Science Education and Research (IISERs), the National Institutes of Technology (NITs) and the Indian Institutes of Information Technology (IIITs).
A letter has been sent to the HRD ministry to the Directors of the institutions stating that these revised rates stipend would also apply to other government and government aided institutions which are given funds by the All India Council for Technical Education (AICTE) and the University Grants Commission (UGC).
This stipend had now been increased to Rs.16,000 from Rs !2,000 for the post graduate students who passed B.Tech from IITs with cumulative grade point average of above 8 and those who cleared GATE exams. Also, PG degree holders in basic sciences and students who have qualified in the National Eligibility Test (NET) will now be given Rs.18, 000 a month will be given to P.G degree holders in basic sciences and those who have qualified in the National Eligibility Test. The amount will be given to them till their fifth year of Ph.D. research.
PG degree holders in engineering will also get Rs.18, 000 a month for the first two years of research. It will be Rs.20, 000 a month for the next two years.