AICTE accepts the govt. panel report to put an upper limit on fees in private engineering & management institutes

The 10-member Justice Srirkishna Committee appointed by the Central Government submitted their recommendations on putting a cap on the tution fees charged by the private engineering & management institutes.
The AICTE is learned to have accepted the proposal to fix a range of maximum fees that can be charged by the private technical institutes for their engineering degree program or a 2 year MBA course. The committee headed by Supreme Court Judge B N Srikrishna has recommended a cap on tuition & development fees to be kept at Rs. 1.57 – 1.71 lakh/annum for MBA programs & Rs. 1.44 – 1.58 lakh/annum for B. E. /B. Tech program.
Apart from the upper limit for fees in B. E., B. Tech & MBA, the panel has recommended regulating the fees for other programs offered by private technical institutes viz. B. Arch, B. Pharma, MCA & M. Tech. The report, however makes a recommendation for institutes of excellence, which will allow autonomous institutes to charge 10% & accredited institutes to charge 20% additional tuition fees.
News Source: The Indian Express
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