logo
Facing decline in MTech enrolments, AICTE proposes 50% hike in scholarships to revive student interest

Facing decline in MTech enrolments, AICTE proposes 50% hike in scholarships to revive student interest

Indian Express12-05-2025

To deal with the diminishing interest in MTech courses, the All India Council for Technical Education (AICTE), India's technical education regulator, has mooted a hike in the postgraduate scholarships given to students.
It has proposed to the Ministry of Education that the amount be hiked by 50% from the existing amount of Rs. 12,400 per month.
The AICTE first wrote to the Ministry in June last year requesting that the scholarship amount for postgraduate students be increased to a minimum of Rs. 18,600, which is a proposed hike of 50%. This communication noted that the last increase was notified by the Ministry in 2015. A reminder in the matter was sent to the Ministry along with other recommendations including proposals for financial support, in early March this year.
In a communication dated February 18, 2015, the Ministry wrote to the AICTE, and institutions including IITs, NITs, and IISERs, informing them of the revision in scholarship rates in AICTE approved and Centrally Funded Technical Institutions for PhD and MTech/ME programmes. For MTech programmes, the scholarship was hiked from Rs. 8000 to Rs. 12,400 per month. Based on what was then a roughly 50% increase, the AICTE has requested for a similar 50% hike this time, sources said.
In its communication to the Ministry in June last year, the AICTE referred to decreasing enrolments in postgraduate engineering and technology programmes in AICTE-approved institutions.
The approved intake for postgraduate engineering and technology courses fell from 1.81 lakh in 2018-19 to around 1.30 lakh in 2023-24, AICTE data referred to in the communication shows. Over this period, enrolment fell from around 66,862 (63% of seats were vacant in 2018-19), to a little over 44,000 (66% of seats vacant in 2022-23).
AICTE also referred to a drop in the total number of postgraduate students admitted under the scholarship scheme – this figure has more than halved from 11,926 in 2018-19 to 5176 in 2022-23.
For scholarships for postgraduate engineering courses, the student needs to have qualified in the GATE (Graduate Aptitude Test in Engineering) exam. The scholarship is meant for students admitted to AICTE-approved postgraduate programmes, and in AICTE-approved institutions. The number of scholarships will be limited to the AICTE-approved intake for the course. Students who receive financial assistance from other sources, or 'sponsored candidates' and candidates admitted through the management quota are not eligible for the scholarship.
In addition to requesting for a hike in the scholarship amount, AICTE has also asked that the postgraduate scholarships be granted to graduate students from AICTE-approved institutions who have a CGPA score of 8.5 or above, without having to appear for the GATE exam.
Referring to an expert committee meeting held by the AICTE in May last year, the communication stated that the experts 'recommended' that the scholarship amount of Rs. 12,400 per month is 'rock bottom', and hence, the AICTE may request the Ministry of Education to increase the amount. It also pointed out that the amount for Junior Research Fellows (JRF) and Senior Research Fellows (SRF) was increased in 2023 from Rs. 31,000 to Rs. 37,000 (JRF), and from Rs. 35,000 to Rs. 42,000 (SRF) per month.
Sources in the AICTE said that the dipping enrolment in MTech courses has been a cause for concern, with the postgraduate degree being important when it comes to teaching jobs in engineering. For the waning interest, they pointed to reasons including students choosing to work soon after a BTech or going abroad for higher studies.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Tesla India Leases Rs 25 Crore Space In Mumbai To Set Up Service Centre
Tesla India Leases Rs 25 Crore Space In Mumbai To Set Up Service Centre

India.com

time41 minutes ago

  • India.com

Tesla India Leases Rs 25 Crore Space In Mumbai To Set Up Service Centre

Mumbai: Tesla India Motor and Energy Private Ltd has leased a 24,500-square-foot space in Mumbai's Kurla West to set up a service centre, located close to its upcoming showroom in the Bandra Kurla Complex (BKC). This move marks a significant step in Tesla's plans to enter the Indian electric vehicle (EV) market, although the company does not currently intend to manufacture vehicles in the country. According to real estate documents sourced by CRE Matrix, a property data analytics firm, Tesla has signed a lease and license agreement with Bellissimo in City FC Mumbai I Private to rent the space in Lodha Logistics Park. The agreement is for a five-year period, with a starting monthly rent of Rs 37.53 lakh. Over the duration of the lease, Tesla will pay nearly Rs 25 crore in total, including a security deposit of Rs 2.25 crore, as per the documents. Tesla has made it clear that its current interest lies only in selling its vehicles in India, not in manufacturing them at the moment. 'They are not interested in manufacturing in India,' Union Heavy Industries Minister H.D. Kumaraswamy said on Monday. He added that Tesla is planning to open showrooms in India purely for sales. The minister was speaking at a press conference announcing that India's flagship EV policy is now open for global carmakers who wish to manufacture and sell EVs in the country. Major players such as Germany's Mercedes-Benz and Volkswagen, along with South Korea's Hyundai Motor, have already shown interest. All three companies currently have manufacturing operations in India. Hyundai has announced its plans to make India its global hub for EVs. Volkswagen India, meanwhile, is closely watching how the EV policy unfolds and is carefully evaluating its implications before taking further steps. The government has notified guidelines for its forward-looking scheme to enable fresh investments from global manufacturers in the electric cars segment and promote India as a global manufacturing hub for e-vehicles.

Sabarimala rail to become reality, says Kerala minister
Sabarimala rail to become reality, says Kerala minister

Time of India

time42 minutes ago

  • Time of India

Sabarimala rail to become reality, says Kerala minister

Thiruvananthapuram: The long-pending Angamali–Sabarimala railway line, eagerly awaited by the people of the state, is set to become a reality, said state minister in-charge of Railways V Abdurahiman. Tired of too many ads? go ad free now Speaking after high-level talks with Union railway minister Ashwini Vaishnaw in New Delhi, Abdurahiman announced that procedures for land acquisition will begin shortly. A technical team from the Railways is expected to visit Kerala in July to assess the requirements on the ground. The announcement was made after a meeting led by chief minister Pinarayi Vijayan, in which Abdurahiman and Kerala's special representative in Delhi K V Thomas participated. "This is a long-cherished dream of Kerala's people. We are proud that the project is finally progressing under the leadership of the state govt," Abdurahiman said. The land acquisition process is expected to bring relief to hundreds of families whose properties are affected by the project, addressing long-standing concerns and ensuring fair compensation and rehabilitation. The govt aims to expedite the completion of the rail line, which remained stalled for years. The Angamali–Sabarimala project is now receiving top priority, Abdurahiman added. The state has also requested the Centre to speed up plans for constructing the third and fourth railway lines in Kerala to ease congestion in existing routes. Meanwhile, the minister clarified after the meeting that the LDF govt's ambitious SilverLine semi-high-speed rail project was not part of the discussions held with the Union minister. Tired of too many ads? go ad free now Originally announced by the in 1998, the proposed 111km Angamali–Erumeli line is considered a crucial infrastructure project, primarily catering to millions of pilgrims travelling to the Sabarimala temple every year. The line is also expected to catalyse development in Kerala's south-eastern region. A memorandum of understanding (MoU) between the state and the ministry of railways was signed on Jan 27, 2016. Although the project was estimated at Rs 2,815cr, the state govt after initial hesitation agreed to bear 50% of the project cost. In 2022, the state submitted a revised project estimate of Rs 3,421cr to the Indian Railways, a Rs 600cr increase from the earlier estimate. The Kerala govt has also proposed that the project be executed by the Kerala rail development corporation ltd (K-Rail), a joint venture between the state and the ministry of railways.

HDB Financial Services IPO: Sebi gives nod for HDFC Bank unit's Rs 12,500 crore fundraise
HDB Financial Services IPO: Sebi gives nod for HDFC Bank unit's Rs 12,500 crore fundraise

Indian Express

time42 minutes ago

  • Indian Express

HDB Financial Services IPO: Sebi gives nod for HDFC Bank unit's Rs 12,500 crore fundraise

HDFC Bank subsidiary HDB Financial Services Ltd has received regulatory approval from the Securities and Exchange Board of India (Sebi) for its much-anticipated Rs 12,500 crore initial public offering (IPO). The regulator also approved the IPOs of five other companies. The six IPOs together are slated to raise over Rs 20,000 crore. HDB Financial had earlier filed its draft red herring prospectus (DRHP), aiming to raise Rs 2,500 crore through a fresh issue and Rs 10,000 crore via offer for sale (OFS) by parent company HDFC Bank. This makes it one of the largest IPOs by a non-banking entity in the Indian capital market. HDFC Bank holds 94.36 per cent stake in HDB Financial Services, a non-banking financial company (NBFC). The company proposes to utilise the proceeds from the fresh issue to strengthen its Tier-I capital base. This will support future capital needs, including additional lending, to support business growth. Incorporated in 2007, HDB Financial Services provides secured and unsecured loans and has more than 1,680 branches across India. It closed the June quarter with a net worth of about Rs 13,300 crore. The decision to list HDB Financial Services follows the Reserve Bank of India (RBI)'s mandate in October 2022, requiring NBFCs in the upper layer to list on the stock exchanges. Sebi nod to 5 more IPOs Apart from HDB Financial, five more companies have received Sebi's go ahead to raise funds through IPOs. These include Vikram Solar, A-One Steels India, Shanti Gold International, Dorf-Ketal Chemicals, and Shreeji Shipping Global Ltd. These six firms, which filed their preliminary IPO papers with the markets regulator between October 2024 and January 25, 2025, obtained their observations during May 27-30, the Sebi update showed. Vikram Solar's IPO is a mix of fresh issue of shares up to Rs 1,500 crore and an OFS of up to 17.45 million shares by promoter and promoter group selling shareholders. Mumbai-based Dorf-Ketal Chemicals India has proposed to raise Rs 5,000 crore via IPO, which will be a combination of fresh issue of shares worth Rs 1,500 crore, and an OFS of Rs 3,500 crore worth shares by Menon Family Holdings, the promoter. It had filed draft red herring prospectus for its IPO on January 23 this year.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store