No, there has been no such announcement. AICTE stipend for M.Tech students is INR 12,400. Students with valid GATE scores can avail of this financial assistance or scholarship.
Back in 2014, the stipend amount was increased from INR 8,000 to INR 12,400. Since then, there has been no official announcement regarding stipend increment.
There is no official announcement of the MTech Scholarship increment from 12,400 to 18,000 by AICTE (All India Council for Technical Education), after the increment in MTech scholarship (GATE/GPAT Scholarship) from 8,000 to 12,400 in 2014.
To get this scholarship candidate, have to validate their student’s ID and proceed by filling the GATE-PG scholarship form with their details like Bank account number, institute payment ID, student ID, and date of birth correctly.