New Delhi: Fifteen Indian Institutes of Information Technology (IIITs) set up under the PPP mode were on Wednesday granted degree awarding power with the Union cabinet approving a bill declaring them as Institutions of National Importance.
The Indian Institute of Information Technology Public Private Partnership (IIIT-PPP) Bill, 2017 was passed by the Cabinet today to “grant statutory status to 15 IIITs set up under the PPP mode and declare them as Institutions of National Importance, to enable them to grant degrees to the students in the academic courses conducted by them".
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The HRD ministry had announced to set up 20 new Indian Institute of Information Technology (IIITs) across the country under PPP mode, out of which 15 are already functional in Chittoor (Andhra Pradesh), Guwahati, Vadodara, Kota, Srirangam (Tamil Nadu), Una (Himachal Pradesh), Sonepat (Haryana), Kalyani (West Bengal), Lucknow, Nagpur, Pune, Ranchi, Kottayam, Kurnool (Andhra Pradesh) and Dharwad (Karnataka).
The cost of each IIIT is Rs128 crore and is contributed by the Centre, state government and the industry in the ratio of 50:35:15.