Categories: National

New IIFT campus inaugurated by Nirmala Sitharaman in Kakinada, Andhra Pradesh

New IIFT campus inaugurated: Nirmala Sitharaman, the nation’s finance minister, officially opened the third campus of the Indian Institute of Foreign Trade (IIFT) at the Jawaharlal Nehru Technological University (JNTU) -K campus in Kakinada. She outlined the significance of the IIFT campus for the development of the country. She stressed the value of IIFT in terms of research and policy development for the growth of the Ministry of Commerce.

Bank Maha Pack includes Live Batches, Test Series, Video Lectures & eBooks

New IIFT campus inaugurated by Nirmala Sitharaman: Key Points

  • For the construction of the IIFT permanent campus, the state government has allocated 25 acres of land at U. Kothapalli Mandal, which is close to the sea coast in the Kakinada Special Economic Zone (KSEZ).
  • The Ministry of Commerce and Industry received a proposal from the IIFT authorities for a grant of Rs. 229 crore, and the sanction order is anxiously anticipated.
  • There were representatives from the Ministry of Commerce & Industry, Consumer Affairs Piyush Goyal (the Union minister), MPs, Ministers, MLAs, and other government bodies.

Important Takeaways For All Competitive Exams:

  • Union Finance Mininster, GoI: Nirmala Sitharaman
  • Minister of Commerce & Industry, Consumer Affairs: Piyush Goyal

Find More National News Here

Madhavi Gaur

Recent Posts

VIRUS Full Form, Know Everything About It

The world is advancing digitally with Artificial Intelligence and Cloud Computing transforming daily tasks and…

2 hours ago

UPI Transactions Reach Record High in October with Rs 23.5 Trillion in Value

In October 2024, India witnessed a record-breaking surge in digital transactions, propelled by the Unified…

2 hours ago

October GST Collections Surge by 8.9% Year-on-Year to Reach Rs 1.87 Lakh Crore

Gross Goods and Services Tax (GST) collections in October reached Rs 1.87 lakh crore, marking…

3 hours ago

Top-10 Most Expensive Schools in India as of 2024

Education in India is highly valued, and some schools provide top-quality education along with world-class…

4 hours ago

Praveena Rai Takes the Appointed as CEO and MD of MCX

Multi Commodity Exchange of India (MCX), Praveena Rai has officially taken office as Chief Executive…

4 hours ago

Top-10 Fittest Countries in the World 2024, Check the List

Physical fitness and a healthy lifestyle are key to living longer and feeling good. Many…

5 hours ago