Section 21
Grants by Central Government.
The Institutes of Technology Act, 1961
About this Act
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.
For the purpose of enabling the Institutes to discharge their
functions efficiently under this Act, the Central Government may, after due appropriation made by
Parliament by law in this behalf, pay to each Institute in each financial year such sums of money and in
such manner as it may think fit.