The Lok Sabha on 21 July 2016 passed the National Institute of Technology, Science, Education and Research (Amendment) (NITSER) Bill, 2016.
The bill seeks to establish a new National Institute of Technology (NIT) in Andhra Pradesh as an institute of national importance under the NITSER Act, 2007 with an effect from August 2015.
Highlights of the Bill
• The Bill is in keeping with the Andhra Pradesh Reorganisation Act, 2014, which provides for a NIT for the state after its bifurcation as the existing NIT went to Telangana.
• It amends the NITSER Act 2007 so as to establish an additional NIT in Andhra Pradesh.
• 40 crore rupees have been allocated for the establishment of the new NIT in the current financial year.
• An outlay of 226 crore rupees has been made for the institute over the next three years.
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