The Union Cabinet on Wednesday gave approval to introduce a bill in Parliament to provide statutory status to 15 IIITs set up in public-private partnership.
An official release said the Indian Institutes of Information Technology (Public- Private Partnership) Bill, 2017, provides for declaring IIITs as institutions of national importance.
It also enables these institutions to grant degrees to their students in the academic courses conducted by them.
This will entitle them to use the nomenclature of Bachelor of Technology (B.Tech) or Master of Technology (M.Tech) or Ph.D degree as issued by a university or institution of national importance.
The release said that grant of a formal degree in information technology, engineering or Ph.D will enhance prospects of the graduating students in the job market and will also enable the institutes to attract enough students required to develop a strong research base in the country in the field of information technology.
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