Let’s be clear and honest to ourselves. Any thing that fails to change its philosophy with time, disappears soon. That holds pretty true for any educational institute also. Any organisation should be ready to accept change and should change accordingly.
There was an article by Atanu Dey stating - "The full cost of a decent 4-year technical education today is around Rs 20 lakhs (or around US$ 45,000.) That’s a conservative estimate. So in today’s nominal rupees, the full cost of educating 300,000 engineers is Rs 6,000,000 lakhs (or US$ 13.5 billion.) The IITs do charge some fees but those fees have been a small fraction of the true cost of education. It is reasonable to peg the total subsidy to be of the order of the estimated Rs 6 million lakhs. The objective of this exercise is to get a feel for the total transfer of resources from the general public to reasonably well-to-do upper segment of society.
That subsidy is a pure transfer or a grant, not a loan. The beneficiary is not required to return, either directly or indirectly, the money spent. There’s only an expectation that the return will be indirect. Moreover, not everyone has an equal chance of getting the subsidy. To get into an IIT, you have to have an excellent school education, for otherwise you fail in the intense competition for admission. Therefore you must be from a family with means much above average. Therefore the subsidy is targeted at the already fortunate. ."
And the content of the article was on the fringes of mine memories. It was rejunevated when IITs plan to increase their fees in coming years. Every person who has benefited from the subsidy given by government has the moral duty to pay back to the society. We have no rights to take benefits of subsidy or reservations if we are unable to pay back. IITs are going to increase their fees from Rs 50,000 per year as fee. Currently, it is on hold but I think it will be implemented soon. The proposal suggested increasing the fee to Rs 4 lakh per annum over a period of 10 years. This is done to remove the dependence of premier institutes on government for funding and becoming more autonomous.
I think that Atanu dey has got the point when he take his stand : On IITs, PanIIT, and the Funding of 50 New IITs .
My Opinion: My seniors inspired through their actions me that the students of ITBHU had an obligation to serve the institute & country, and I knew that I must one day use my education to serve India and my college. I don't have idea over the stance of IT-BHU administration and transition of college in to IIT status is still in pending state. There is no such debate in my college that how much a college should depend on government for monetary help ? The contribution has been fine from alumni but not even worth comparable to IITs. Their is vision missing in the administration about the future of ITBHU, not the vision documents (2006). I think its not the case of missing spirit of contribution, but the proper process and vision plan.
3 hours ago