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- The objective of the bill is to confer the status of Institutions of National Importance to (a) National Institute of Food Technology, Entrepreneurship and Management (NIFTEM) at Kundli, Haryana, and (b) Indian Institute of Food Processing Technology (IIFPT) at Thanjavur, Tamil Nadu.
- The legislation would provide for functional autonomy to the institutes to design and develop courses, undertake research activities and leverage enhanced status in their academic pursuits, so that they become world class institutes.
- The institutes would implement the reservation policy of the Government and would also undertake special outreach activities for the benefits of concerned stakeholders.
- It would enable the institutes to provide world class teaching and research experience by adopting innovative practices.