CURRENT AFFAIRS

Detailed explanation-1: -The Bill seeks to amend the Institutes of Technology Act, 1961, which declares certain Institutes of Technology as institutions of national importance.

Detailed explanation-2: -The Institute of Technology (Amendment) Bill, 2010 was introduced in the Lok Sabha on August 30, 2010. by the Minister of Human Resource Development, Shri Kapil Sibal.

Detailed explanation-3: -India Code: Institutes of Technology Act, 1961. Long Title: An Act to declare certain institutions of technology to be institutions of national importance and to provide for certain matters connected with such institutions and the Indian Institute of Technology, Kharagpur.

Detailed explanation-4: -The Act declares certain Institutes of Technology as institutions of national importance. Further, it seeks to (i) develop new knowledge in information technology; and (ii) provide manpower of global standards for the information technology industry.