According to sources, the move to give a free hand to the institution's various campuses is aimed at enhancing their autonomy.
"The Board of Governors are likely to be given the authority to decide the fee structure for the respective IIT. Currently, they are part of the fee deciding process but are not the final authority," a source said.
However, it wasn't immediately clear whether the idea if approved, will be applicable to all IITs or limited campuses.
The IITs are autonomous public institutes of higher education. The 23 IITs are located in following cities: Bhilai, Chennai, Delhi, Dhanbad, Dharwad, Goa, Guwahati, Jammu, Kanpur, Kharagpur, Mumbai, Roorkee, Bhubaneswar, Gandhinagar, Hyderabad, Indore, Jodhpur, Mandi, Palakkad, Patna, Ropar, Tirupati and Varanasi.
Former HRD Minister Smriti Irani had in April announced an increase in the annual fees for undergraduate courses from existing Rs 90,000 to Rs 2 lakh, a rise of 122 per cent, for new enrollments from the current academic session.