Indian Institutes of Technology

Indian Institutes of Technology
Other name
IIT or IITs (plural)
TypePublic technical institute
Established15 May 1950
(74 years ago)
 (1950-05-15)
Parent institution
Ministry of Education, Government of India
Budget10,324.5 crore (US$1.2 billion)
(FY2024–25 est.)[1]
Location
23 cities in India
LanguageEnglish
Websiteiitsystem.ac.in

The Indian Institutes of Technology (IITs) are a network of engineering and technology institutions in India. Established in 1950, they are under the purview of the Ministry of Education of the Indian Government and are governed by the Institutes of Technology Act, 1961. The Act refers to them as Institutes of National Importance and lays down their powers, duties, and framework for governance as the country's premier institutions in the field of technology.[2][3] 23 IITs currently fall under the tenor of this act.[4] Each IIT operates autonomously and is linked to others through a common council called the IIT Council, which oversees their administration. The Minister of Education of India is the ex officio chairperson of the IIT Council.[5] According to data obtained through Right to Information (RTI) applications, approximately 38% of Indian Institute of Technology (IIT) graduates from the class of 2024 have not secured job placements.[6][7] This is the highest percentage in the past three years, with a steady increase from 19% in 2021 and 21% in 2022.[8][9][7][6]

  1. ^ "Notes on Demands for Grants, 2024–2025" (PDF).
  2. ^ Cite error: The named reference IIT act was invoked but never defined (see the help page).
  3. ^ "IIT Act (As amended till 2012" (PDF). YouTube. Archived from the original on 3 December 2013. Retrieved 10 September 2012.
  4. ^ "Problem of plenty: As IITs multiply, the brand value diminishes". Hindustan Times. 29 June 2015. Archived from the original on 31 August 2015. Retrieved 25 July 2015.
  5. ^ "IIT Council Portal". Retrieved 12 June 2015.
  6. ^ a b "38% IITians yet to be placed this year, IITs reach out to alumni network: Report". Retrieved 8 October 2024.
  7. ^ a b "38% IIT graduates from class of 2024 yet to be placed, shows RTI data". Firstpost. 23 May 2024. Retrieved 8 October 2024.
  8. ^ https://www.indiatoday.in/education-today/news/story/iit-bombay-reacts-to-36-graduates-without-placement-headlines-with-data-2523416-2024-04-04
  9. ^ https://www.livemint.com/education/news/iit-bombay-achieves-75-per-cent-placement-rate-for-2023-24-academic-year-but-8-000-iitians-remain-unemployed-11725351036352.html