Cabinet approves to give the status of Institution of National Importance to 5 IIITs |ForumIAS

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News: The Union Cabinet has approved the introduction of the Indian Institutes of Information Technology Laws (Amendment) Bill, 2020

Facts:

Indian Institutes of Information Technology Laws (Amendment) Bill, 2020

It amends the Indian Institutes of Information Technology Act of 2014 and Indian Institutes of Information Technology (Public-Private Partnership) Act, 2017

Features:

Grants statutory status to five IIITs in Public-Private Partnership mode at Surat, Bhopal, Bhagalpur, Agarwal, and Raichur
Declares them as Institutions of National Importance along with already existing 15 IIITs
The five IIITs will have the powers to award degrees and use the nomenclature of B.Tech or M.Tech or Ph.D degree as issued by a University or Institution of National Importance