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Cabinet gives ex-post facto approval to establishment of NIT Andhra Pradesh

| | May 26, 2016, at 01:40 am
New Delhi, May 25 (IBNS): The Union Cabinet chaired by Prime Minister Narendra Modi on Wedsnesday granted ex-post facto approval for establishment of NIT, Andhra Pradesh which has been registered as a Society under the Andhra Pradesh Societies Registration Act, 2001 with effect from Aug 20, 2015.
 
The Cabinet also approved introduction of a Bill namely the National Institutes of Technology, Science Education and Research (Amendment) Bill, 2016 for inclusion of the NIT, Andhra Pradesh in its First Schedule. 
 
The post- facto approval of the Cabinet for establishment of NIT, Andhra Pradesh as a society under the Societies Registration Act, 2001 would give a legal entity to NIT, Andhra Pradesh. 
 
The proposed amendments to the NITSER Act, 2007 will ensure a high levels of public accountability and increased participation of the. stakeholders in the administration and academic activities of the Institute. 
 
This Institute is being funded by the Government of India. 
 
It is being run and managed by their respective Society registered under the Andhra Pradesh Societies Registration Act, 2001 till such time this Institute is brought under the National Institutes of Technology Science Education and Research Act (NITSER) 2007. The accounts will be audited by the C & AG of India and will be laid in both the Houses of the Parliament. 
 

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