"Indian Premier Educational Institutions Funding Is At Stake"


Dr Ranjan Upadhyaya
Dr Ravindra Parasi
Narsee Monjee Institute of Management Studies (NMIMS)


It is the biggest drawback for the poor country, India that we are shelling out our hard earned money for no use. The country money should be spend in the rural education, health care, drinking water or rural electrification. The IIT's and IIM's had not solved any problem form their origin in the country. The research and development is zero. The brain drain is maximum. No contribution for the motherland. The poor communication and politics are at rise. The higher hierarchy in the IIT's and IIM's never respond to the common educationalist correspondence. The transparency and work culture in these IIT's and IIM's are stake.

Government should minimize the activities of the IIT's and IIM's and all the collaboration and tie-ups and consultancy should be severely checked. The directors and secondary hierarchy in these IIT's and IIM's should be put directly responsible for any fault in the operation or financially. The rigorous punishment should be given, if found of any fault because their staff are exchequer to common citizen of hard earned tax payees. Government should also take stick actions even to closer of the IIT's and IIM's, if they do not perform time bound goals. Few Patents and copyrights which is of less use and irreverent form these IIT's and IIM's.

Direct control to MHRD for IIT's and IIM's should be there at every level. No infringements of the law of the land should be allowed and sanity of the decorum should be highly maintained. When the world education is door steps. All the world countries are looking towards for allowing them to enter in India, the guidelines should be put in force for these IIT's and IIM's.

The Drawbacks:-

1) While it takes over Rs 3.4 lakh to educate an IITian per year, the student pays only Rs 90,000 per year. The rest is borne by the government. That is close to Rs 2.5 lakh per student per year, which is being paid by the tax payer. If one extrapolates this to all the 39,540 students in the Indian Institute of Technologies, the cost borne by the tax payer on educating IITians extends to 988.5crore annually.

2) According to budget estimates, Rs 1703.85 crore is to be allocated to the IITs for 2015-'16. Inspite of producing 9,885 world-class engineers in computer science, electrical, electronic, chemical, mechanical, production fields every year...

3) The Geosynchronous Satellite Launch Vehicle, though successful with the Russian Cryogenic Engine, has time and again failed with the indigenous cryogenic engine. We have succeeded only once with our indigenous cryogenic rocket.

4) Indigenous submarines are still a distant dream because of the technological complexity in building them. Though many projects are coming up in our own shipyards, they are happening because we are merely manufacturing them in India with foreign technology.

5) The indigenous Indian Small Arms System rifles for our army, developed by the Defence Research and Development Organisation, have always been reported as problematic, and we import assault rifles from Israel.

Why could our world-class engineers, who are educated with tax payers' money, not have built them?

6) A Right to Information application that was filed recently has shown that less than 2% of engineers at the Indian Space Research Organisation are from IITs and the National Institutes of Technology. Our best space programme doesn't get our best engineers every year.

7) The army doesn't get engineers and officers from the IITs. Between 1986 and 2006, not a single IITian has joined the Indian army.The DRDO has a shortage of more than 2,700 scientists, and it is stretched and overworked, but our world-class engineers don't find it challenging.

8) Going by 2013 figures, Flipkart, the online mega-store, recruited seven students from IIT Madras in 2013. One can understand the logic behind Flipkart hiring a computer science engineer. But six of the hires had studied aerospace, chemical, metallurgy, bio-technology and engineering physics.  What specialist knowledge will they bring to Flipkart?

These students do not have any interest in what they learnt in their four-year undergraduate programme, and want to erase their history by moving to a different field.

9) I have nothing against ChetanBhagat, but I do know that Indian taxpayers paid to make him a mechanical engineer. He has done everything but engineering?Another RTI filed with IIM Bangalore has revealed that out of the current batch of 406 students, 97 students are from IITs. Fifty-six of these are students with less than two years work experience.

If all these engineers wanted to be was managers, why does the tax payer need to pay for their engineering education at the IITs?

10) All students from IITs can get collateral-free loans from nationalised banks for uptoRs 20 Lakh.  IITians are obviously so awesome that companies are eager to pay them crores of rupees.  Then why should a world-class engineer who makes crores of rupees and adds no value to India be given a subsidised education at the IITs? Can't they get educated with a bank loan of their own and repay it after getting their huge salaries?

11)  Whenever there is a debate on brain drain from the IITs, the remittances issue pops up. Many believe that IITians who go abroad send back remittances and contribute to foreign exchange reserves. However, it is a pittance for India.

A report in the Economic Times shows that out of the total remittances of $70 billion to India, the remittances from IITians who go to developed countries is much lower than the remittances from the Middle East to the state of Kerala.

Most of the Malayalis in the Gulf are blue-collar workers, not IIT engineers.


The country is facing shortage of skills, trained, professional, manpower in every segment. The new IITiansand IIMSlot are taking the country on the reverse integration development .The competition has brought India, at a standstill,new economy has erodes the creditabilityof India at stake.

The munching of knowledge has brought the country to new platform where these IITíans and IIM'S, new batches has to be taught to shape our motherland. The expense incurred on their development has to bring down, so that country should take maximum advantage in terms of knowledge and technology. The benefits should reach to the grassroots level of the country. If we dig out the story of the IIM, the same will be unearthed. The Indian hard earned tax money is just being wasted, which should not favourable in ways. The money granted has to be synergised to get the maximum end benefits for the long-term.

Dr Ranjan Upadhyaya
Dr Ravindra Parasi
Narsee Monjee Institute of Management Studies (NMIMS)

Source: E-mail November 28, 2015


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