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Committees constituted by MHRD (Professors Joshi and Anand Krishnan Committees<ref>[http://economictimes.indiatimes.com/Wait_longer_for_IIT-level_engg_colleges/articleshow/2015905.cms The Economic Times: Wait Longer for IIT-level engg colleges]</ref>) had recommended for the conversion of the Institute into an [[Indian Institutes of Technology|Indian Institute of Technology]] (IIT).<ref>[http://inhome.rediff.com/money/2005/nov/18iit.htm Rediff: Turn BHU-IT into full fledged IIT]</ref> On 17 July 2008, the government of India issued a press release granting "In principle approval for taking over the Institute of Technology, Banaras Hindu University – a constituent unit of the Banaras Hindu University, a Central University, its conversion into an Indian Institute of Technology and integrating it with the IIT system in the country."<ref>{{cite press release|url= http://pib.nic.in/newsite/erelease.aspx?relid=40461 |title=Setting up of eight new Indian Institutes of Technology (IITs) and conversion of IT-BHU into an IIT |work=pib.nic.in |accessdate=3 May 2012|publisher=[[Government of India]]}}</ref> The BHU Executive Council approved the proposal of the HRD ministry to convert IT-BHU to IIT (BHU) Varanasi, retaining academic and administrative ties to BHU.
 
On 4 August 2010 a bill seeking to amend the Institutes of Technology Act 1961 to declare IT-BHU an IIT was introduced in the Lok Sabha by Minister of State for HRD, D. Purandeswari.<ref>{{cite web |url= http://ibnlive.in.com/news/bill-to-declare-itbhu-as-iit-intoduced-in-ls/129916-3.html |title=Bill to declare IT-BHU as IIT intoduced in LS |work=ibnlive.in.com |accessdate=3 May 2012}}</ref> Questions were raised on the act from the Standing Committee which were then addressed by the HRD ministry,<ref>{{cite web |url= http://www.deccanherald.com/content/141106/cabinet-approves-changes-iit-amendment.html |title=Cabinet approves changes in IIT amendment bill |work=deccanherald.com |accessdate=3 May 2012}}</ref> the bill was scheduled to be tabled in the Feb-April 2011 Parliament session.<ref>{{cite web|url=http://164.100.24.207/lob/15/VII/RLOB10.3.2011.pdf|format=PDF|title=LOK SABHA, REVISED LIST OF BUSINESS}}</ref>
 
On 24 March 2011, the Lok Sabha passed [[The Institutes of Technology (Amendment) Act, 2011]] which converted IT-BHU to an IIT.<ref>{{cite news |url= http://articles.timesofindia.indiatimes.com/2011-03-24/india/29182519_1_iit-status-institutions-of-national-importance-new-institutes |title=BHU's Institute of Technology gets IIT status - Times Of India |work=indiatimes.com |accessdate=3 May 2012 |date=24 March 2011}}</ref> On 30 April 2012, the [[Rajya Sabha]] passed the Act, thereby formalizing the IIT status of the Institute.<ref>{{cite news |url= http://articles.economictimes.indiatimes.com/2012-04-30/news/31508352_1_ropar-and-institute-indian-institutes-iit |title=Parliament passes IIT bill - Economic Times |work=indiatimes.com |accessdate=3 May 2012 |date=30 April 2012}}</ref> The Bill was signed by the President of India on 20 June 2012 and notified in the gazette on 21 June.<ref>{{cite web |url= http://www.itbhuglobal.org/IIT-Amendment-Act-2012.pdf |title=Gazette Notification of the Bill |date=29 June 2012 |accessdate=2 July 2012}}</ref> The Central Government released a notification on 29 June that as per the Act, the transformation process was complete.{{citation needed|date=July 2012}}
 
==Academics==
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