A body of self-financed technical institution has come forward in support of uniform fee structure, common entrance exam, service tax exemption and improved-staff student ratio and they are speaking on behalf of all technical institutions in the country.
"With the Prime Minister aiming to make India a superpower, it is high time we shifted our focus to the educational institutes. The high fees and the tax burden should not fall on the students and institutes," R S Munirathinam, chief patron, All India Federation of Self-Financing Technical Institutions (AIFSFTI).
"We urge the All India Council for Technical Education (AICTE) and the Center to ensure a 1:25 teacher-students ratio as recommended by the M K Kauv Committee. The ratio is currently 1:15. They should also ask all the universities --deemed, private and state -- to follow the AICTE guidelines, 2010," he said.
The federation consists of 10,000 colleges across the country.
"We request the government to implement a uniform fee structure as recommended by the Krishna Committee to provide quality education," Munirathinam said.
Anshu Kataria, president, AIFSFTI, requested for launching new banking services exclusively for students and educational institutes.
"We also urge the Finance Minister to reduce the interest rate below 10 per cent and restructure the bank loans obtained by the educational institutions for infrastructure development in view of their inability to repay them due to poor admissions," he said