Indian Institutes of Information Technology Laws (Amendment) Bill, 2020 passed
Part of: GS Prelims and GS-II – Schemes; Education
In news
Rajya Sabha passed the Indian Institutes of Information Technology Laws (Amendment) Bill, 2020.
It has been already passed by Lok Sabha.
Key takeaways
The Bill seeks amendment to the Indian Institutes of Information Technology Act, 2014 and the Indian Institutes of Information Technology (Public-private Partnership) Act, 2017.
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.
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.
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.
As a special impetus to North Eastern states, the central government will bear over 57% of the expenses whereas industries will contribute around 7% to the Institutes there.
