Hi Shubham,
All MTech students who have qualified GATE are eligible for stipend. The amount is according to the current AICTE or UGC policy .
The MHRD has increased the stipend for M.Tech and Ph.D. students recently.
Hence I will not be able to tell you about the exact amount,but there are also a number of perks available.
For more details, please go though:
http://www.iitb.ac.in/newacadhome/gmtec.jsp#:~:text=Rs.,time%20payment%20during%20entire%20programme).
Hope this helps!
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