Tell me some key points about IITs from given text.
The Indian Institutes of Technology (IITs) are prestigious central government owned public technical  institutes located across India. Known for their excellence in education, they are under the ownership of the Ministry of Education of the Government of India. They are governed by the Institutes of Technology Act, 1961, declaring them as Institutes of National Importance and laying down their powers, duties, and framework for governance as the country's premier institutions in the field of technology.The act currently lists twenty-three IITs. Each IIT has autonomy 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.
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1. The Indian Institutes of Technology (IITs) are renowned public technical institutions owned by the Central government and located across India.
2. IITs are known for excellence in education owned by ministry of education of government of India.
3. The Institutes of Technology Act, 1961, which established them as Institutes of National
Importance and established their authority, accountability, and governing structure as the
nation&#39;s top technological institutions.
4. The act currently list 23 IITs. Each IIT is autonomous and linked with other via IIT council.
5. The ex officio Chairperson of the IIT Council is minister of education.
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