The Indian Institute of Information Technology (IIIT) Bill, 2012 is set to be introduced during the ongoing monsoon session of Parliament. Once enacted, the legislation, cleared by the Union Cabinet, will confer the status of institutes of national importance on IIIT's. The establishment of each IIIT's is expected cost of Rs.128 crore, with the Centre bearing 50% of the cost and the state government concerned 35%. The remaining 15% will be borne by the Industry Partners.
The plan is to establish one IIIT in every state, said the sources. Well, India will soon have IIIT in each of its state The NASSCOM has prepared full-fledged report on establishing these new IIIT. According to the NASSCOM report, the state government has to provide 100 acres of land at free of cost. The budget fixed for establishing one IIIT is fixed at Rs. 30 crores. The state has to provide a maximum of Rs.14.9 crores and similarly the private companies contribution should be minimum of Rs. 15.1 crores. Further the state government has to provide Rs. 100 crores to manage the institution.
The Lok Sabha MP Vilas Muttemwar, while welcoming the decision said "It was a continuous follow up with the Union Human Resources Development Ministry after which the state government finally accepted the recommendations".
He also revealed that, he first wrote to the then HRD Minister Murali Mahohar Joshi in June 2002 for setting up the institute here and following it up with the successive governments. He said, he also took up the issue with UPA Chairperson Sonia Gandhi in September this year, who forwarded the request to the concerned authorities.
These institutes are established by the Central Government, Centrally funded and Managed by the Ministry of Human Resource Development.