THE NATIONAL INSTITUTES OF FOOD TECHNOLOGY, ENTREPRENEURSHIP AND MANAGEMENT BILL, 2021
This Bill declares specific food technology, entrepreneurship, and management institutes as institutions of national importance. It converts them into not-for-profit corporate bodies to provide instruction, research, and degree-granting capabilities in these fields.
The Bill applies to the specific institutes listed in the Schedule (converting existing societies into new corporate bodies), their employees, students, and the Central Government which appoints key officials and provides grants.
- Declares listed institutes as institutions of national importance.
- Incorporates each institute as a body corporate with perpetual succession and a common seal.
- Transfers all property, rights, liabilities, and employees from the existing 'Society' to the new corporate institute.
- Establishes a Board of Governors as the principal executive body, including members from the Central Government, food industry, and academia.
- Establishes a Council to oversee the institutes.
- Mandates that institutes be open to all persons regardless of race, creed, or class, with admission based on merit.
- Requires institutes to be not-for-profit entities where surplus revenue is reinvested in the institute's growth and research.
- Grants institutes the power to hold examinations and grant degrees, diplomas, and certificates.
- Prohibits the disposal of immovable property without prior approval from the Central Government.
Written from the document by AI, and checked against it. The original below is authoritative.
Where this law is now — Became law (Act)
The original document
Bill passed rs
2021-03-15
Tap “Open the PDF” above to view this document.
Document details
| Official title | THE NATIONAL INSTITUTES OF FOOD TECHNOLOGY, ENTREPRENEURSHIP AND MANAGEMENT BILL, 2021 |
| Source body | Parliament of India — Bills (Lok Sabha & Rajya Sabha) |
| Reference number | XIII |
| Status | closed (bill) |
| Year | 2019 |
| Closing date | — |
| Documents | 3 |