The bill seeks further development of agriculture and advancement of learning and research in agriculture and allied science.
The bill was first passed by the Rajya Sabha and hours later, the Lok Sabha approved it without any discussion.
Agriculture Minister Radha Mohan Singh said the institute was set up by British government in 1904 and was shifted to Delhi-based Pusa after the earthquake in Bihar.
The Bill declares the existing Rajendra Agricultural University in Pusa, Bihar which was incorporated under the Bihar Agricultural University Act, 1987 as an institute of national importance. The university will impart education in different branches of agriculture.
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The Rajendra Central Agricultural University Bill, which was introduced on December 23, 2015 in the Upper House, was passed with certain amendments.
Among key amendments include changing the name of university as 'Dr Rajendra Prasad Central Agricultural University' from 'Rajendra Agriculture University (RAU)'.
It may be noted that though a Memorandum of Understanding (MoU) to this effect was signed by the Union Agriculture Minister Radha Mohan Singh and the then Bihar chief minister Jitan Ram Manjhi in January, the matter had got stuck in political logjam.