Act Number: 23

Act Name: The Indian Institutes of Information Technology (Public-private Partnership) Act, 2017

Year: 2017

Enactment Date: 2017-08-09

Long Title: An Act to declare certain Indian Institutes of Information Technology established under public-private partnership as institutions of national importance, with a view to develop new knowledge in information technology and to provide manpower of global standards for the information technology industry and to provide for certain other matters connected with such institutions or incidental thereto.

Ministry: Ministry of Human Resource Development

Department: Department of Higher Education

Section 20: Finance Committee.
    (1) The Finance Committee of each Institute shall consist of the following persons, namely:—
         (a) the Chairperson of the Board shall be the ex officio Chairperson of the Committee;
         (b) one representative of the Government of India, Ministry of Human Resource Development, Department of Higher Education handling the matters relating to finance, ex officio;
         (c) one representative of the State Government in which the Institute is located, ex officio;
         (d) one representative of the industry partners chosen from amongst themselves;
         (e) the Director, ex officio; and
         (f) the officer in-charge of finance and accounts of the Institute, ex officio Secretary.
     (2) The members of the Finance Committee other than ex officio members shall hold office for a term of three years.
Previous Section Next Section
Scroll to Top