New IIFT campus inaugurated: Nirmala Sitharaman, the nation’s finance minister, formally opened the third campus of the Indian Institute of Overseas Commerce (IIFT) on the Jawaharlal Nehru Technological College (JNTU) -Okay campus in Kakinada. She outlined the importance of the IIFT campus for the event of the nation. She harassed the worth of IIFT when it comes to analysis and coverage growth for the expansion of the Ministry of Commerce.

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New IIFT campus inaugurated by Nirmala Sitharaman: Key Factors

• For the development of the IIFT everlasting campus, the state authorities has allotted 25 acres of land at U. Kothapalli Mandal, which is near the ocean coast within the Kakinada Particular Financial Zone (KSEZ).
• The Ministry of Commerce and Trade acquired a proposal from the IIFT authorities for a grant of Rs. 229 crore, and the sanction order is anxiously anticipated.
• There have been representatives from the Ministry of Commerce & Trade, Shopper Affairs Piyush Goyal (the Union minister), MPs, Ministers, MLAs, and different authorities our bodies.

Essential Takeaways For All Aggressive Exams:

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

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