The Lok Sabha on 19 July 2017 passed the Indian Institute of Information Technology Public Private Partnership (IIIT-PPP) Bill 2017.
The bill was passed through a voice vote in the lower house.
The proposed Bill grants statutory status to the fifteen Indian Institutes of Information Technology in Public Private Partnership and declares them as Institutions of National Importance.
In addition, the Bill enables these institutions to grant degrees to their students in the academic courses conducted by them.
About IIIT PPP Bill, 2017
• There is no financial implication with regard to the proposed IIIT PPP Bill, 2017.
• The Bill will declare the existing IIITs in Public Private Partnership as Institutions of National Importance with powers to award degrees.
• The Bill will entitle the institutions to use the nomenclature of Bachelor of Technology (BTech) or Master of Technology (MTech) or PhD degree as issued by a University or Institution of National Importance.
• The grant of a formal degree in Information Technology, Engineering or PhD will add a boost to the prospects of the graduating students in the job market.
• The grant of a formal degree will also enable the institutes to draw enough students required to develop a strong research base in the country in the field of information technology.
• Every institute shall be open to each and every student, irrespective of gender, caste, creed, disability, and domicile, ethnicity, social or economic background.
The previous United Progressive Alliance (UPA) government initiated the opening of 20 IIITs with private partnership of which 15 are already operational.
These engineering and tech schools were established at a cost of Rs128 crore each, with the Union Government contributing 50 per cent of the amount, states 35 per cent and private partners like industries and foundations the remaining 5 per centHowever, these institutes have so far not been eligible to grant degrees.
Who: Lok Sabha
When: 19 July 2017
Parliament passes Insolvency and Bankruptcy Code (Second Amendment) Bill, 2018
Assam-NRC Draft can’t be basis of any action by any authority: SC
Government to soon introduce bill proposing death penalty for mob lynching
Ministry of Shipping issues new guidelines for improving treasury investment for Major Ports