NITs receive funds from Ministry of Human Resource Developement(MHRD), Govt. of India in the following two heads: nonplan and plan.
The NITs were carved out of 17 Regional Engineering Colleges and the Bihar College of Engineering, Patna across India and are now the fully funded institutions under the Central Government with Deemed to be University status. The move was intended to make the institutions centers of excellence and being developed as autonomous and flexible academic institutions of excellence to meet the sweeping changes taking place in the industrial environment in post liberalized India and also the rapidly changing scene of technical education globally. A large number of rules, regulations, ordinances, policy decisions etc. have been formulated by the Board of Governors, Senate and other authorities of the Institute for regulating the day-to-day work of the expanded activities of the Institute.
Recruitment Rules in NITs