India is aiming at a uniform fee structure in all the tech institutes. A proposal has already been submitted for conducting a common entrance test and achieving a balanced teacher-student ratio. The Information Technology sector in India is currently estimated at USD 155 billion.
However, IT education remains one of the costliest streams for students. The issue has been raised through a petition filed by a self financed technical institution. Following the petition, the chief patron of the All India Federation of Self-Financing Technical Institutions (AIFSFTI), R.S Munirathinam has urged for a bill that implements a uniform fee structure as recommended by the Srikrishna Committee to provide quality education. According to the petition, AICTE has been urged to ensure a 1:25 teacher-students ratio. The ratio is currently 1:15.
A national committee, headed by former Supreme Court Judge, B.N.Srikrishna, has clearly instructed the private educational institutions, business schools and engineering colleges operating with AICTE approval to lower their fees.