The IITs have decided to increase M.Tech fees by up to 10 times to ₹2 lakh per year. The hike will be introduced over a three-year period, starting from 2020 academic session. IIT Council, the apex decision-making body of the 23 IITs, also plans to stop the monthly stipend of ₹12,400 paid to M.Tech students who secured admission through GATE.