August 14th, 2007
Update: The NIT statutes based on this act was pubslished in the Gazette in April 2009. A copy of it is at http://www.orissalinks.com/bigfiles/NIT%20statutes.pdf. Thanks to the reader who commented on this.
The NIT (National Institutes of Technology) act becomes effective Aug 15 2007. There is a similar act for the IITs; but the NITs did not have one earlier. By virtue of this act NITs now become "Institutes of National Importance (INI)." Thus the proposed IIESTs, which will also be accorded INI status will not necessarily have a higher status than NITs.