According to IIT directors, the institutes are also keen on starting a one-year M.Tech programme for working professionals. The IITs have proposed to charge tuition fee at market rates for this course.
Even the demonetisation of Rs 500 and 1,000 notes, announced last November 8, had failed to arrest cash flow in the recently-concluded assembly polls in Uttar Pradesh, Uttarakhand, Punjab, Manipur and Goa.
After PM Narendra Modi announced the ban on Rs 500 and Rs 1,000 notes on November 8 last year, DCCBs were barred from accepting deposits of the demonetised currency and even exchanging them for new ones.
The Commission has also called for an amendment to Rule 86 under Conduct of Election Rules to make it mandatory for candidates to meet all election expenses in excess of Rs 2,000 through cheque or electronic bank transfer.