01-31-2010, 07:15 AM
May be you are right but it's much better than what it used to be. Minimum stipend of CA Inter was Rs. 4,000/- upto the last quarter of 2008 and thereafter it was increased to the current rate i.e Rs. 6,500. I remember once I used to have Rs. 2,500 as my stipend.
The current rate surely may not be enough for a student, however, in current situation the institute of our system cannot afford any increment. Alongwith other reasons the increase in stipend rates was one of the main reasons due to which the firms have curtailed recruitment to a good extent and consequently fresh students are facing difficulty in finding positions in firms. Any increase in stipend will make the situation graver. It was in 2009 only when I was in agreement with ICAP's decision not to increase minimum stipend despite being a direct beneficiary.
So, it may not be the right time in my opinion to discuss about lowly stipend rates.
The current rate surely may not be enough for a student, however, in current situation the institute of our system cannot afford any increment. Alongwith other reasons the increase in stipend rates was one of the main reasons due to which the firms have curtailed recruitment to a good extent and consequently fresh students are facing difficulty in finding positions in firms. Any increase in stipend will make the situation graver. It was in 2009 only when I was in agreement with ICAP's decision not to increase minimum stipend despite being a direct beneficiary.
So, it may not be the right time in my opinion to discuss about lowly stipend rates.
