Ministry of Petroleum and Natural Gas
The Rajiv Gandhi Institute of Petroleum Technology Act, 2007, was enacted to declare the institution known as the Rajiv Gandhi Institute of Petroleum Technology to be an institution of national importance and to provide for its incorporation and for matters connected therewith. This act aims to establish a premier institute for education and research in the field of petroleum technology. While the Act does not specify a particular ministry, it falls under the purview of the Ministry of Petroleum and Natural Gas in India, as it deals with matters related to the oil and gas sector.
Enactment Date, Number of Chapters, Number of Sections:
The Rajiv Gandhi Institute of Petroleum Technology Act, 2007, was enacted on December 20, 2007. The Act is structured into 3 chapters and 40 sections, along with a schedule. These sections cover various aspects of the institute’s establishment, governance, functions, powers, and miscellaneous provisions.
Act Governed By:
The Act is primarily governed by the provisions outlined within its sections. It establishes the Rajiv Gandhi Institute of Petroleum Technology as an institution of national importance, defines its authorities, and outlines their powers and functions. The Act also provides for the making of Statutes and Ordinances to regulate the affairs of the Institute.
On Whom It Is Applicable:
The Rajiv Gandhi Institute of Petroleum Technology Act, 2007, is applicable to the Rajiv Gandhi Institute of Petroleum Technology, its Board of Governors, General Council, Senate, officers, employees, and students.
Penalties/Punishments:
The Act does not specify any penalties or punishments for non-compliance. However, it outlines the conditions under which the authorities of the Institute can exercise their powers and functions.
Important Pointers:
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The Act declares the Rajiv Gandhi Institute of Petroleum Technology as an institution of national importance.
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It provides for the incorporation of the Institute as a body corporate.
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The Act establishes a Board of Governors to manage the affairs of the Institute.
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It outlines the composition, terms of office, and functions of the Board of Governors.
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The Act establishes a General Council to review policies and suggest improvements.
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It provides for the creation of a Senate as the principal academic body of the Institute.
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The Act empowers the Institute to grant degrees, diplomas, and other academic distinctions.
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It allows for the establishment of an endowment fund and other funds for the Institute.
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The Act empowers the Central Government to provide grants to the Institute.
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The Act emphasizes the importance of quality and excellence in education and research in petroleum technology.
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The Act also includes provisions for financial management, accounts, and audit.
Act Copy: