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Steep hike in fees boon for IITs, bane for students

<p>Yearly fees for IITs will now be Rs 2 lakh, but the decision has seen mixed reactions from students, who say they already have to pay lakhs in coaching fees to get into the coveted institutes</p>

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In addition to its high cut-off percentages, paying the fees to study at an Indian Institute of Technology (IIT) will prove to be a costly affair from the coming academic year.

The annual fee structure for undergraduate engineering course in all IITs will now be R2 lakh, as opposed to the existing Rs 90,000.

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