Institutes of Information Technology (IIIT) Laws Amendment Bill 2020

Institutes of Information Technology (IIIT) Laws Amendment Bill 2020

Part of: GS Prelims and GS-II- Education & Governance

• The Bill seeks to declare five IIITs set up under the PPP mode in Surat, Bhopal, Bhagalpur, Agartala, and Raichur as institutions of national importance.
• The bill proposes to bring the above five institutes under the IIIT (Public-Private Partnership) Act, 2017, similar to the other 15 IIITs established under the scheme through public-private partnership
• Currently, these institutes are registered as Societies under the Societies Registration Act, 1860 and do not have the power to grant degrees or diplomas.
• On being declared institutions of national importance, the five institutes will be granted the power to grant degrees and use the nomenclature B.Tech or M.Tech or Ph.D degrees. 
• Funding: The central government will contribute 50% towards the expenses of institutes functioning under the PPP mode. 35% will be borne by the states and 15% by the industries