Finance Minister Announces National Institute of Food Technology in Bihar and Expansion of IITs in 2025-26 Budget

New Delhi, Feb 1 (KNN) In her 8th consecutive budget for the financial year 2025-26, Finance Minister Nirmala Sitharaman announced the establishment of a National Institute of Food Technology in Bihar.

The institute aims to support entrepreneurship, foster development, and enhance farmers' income through innovation in food processing technologies.

The initiative will foster innovation in the food industry and contribute significantly to Bihar's economic growth.

In her speech, Sitharaman also stressed the need for additional infrastructure development at IITs that were established after 2014.

This is part of the government's larger vision to enhance the country's educational and research capabilities. IIT Patna, in particular, will receive an expansion, further strengthening its position as a leading educational institution.

The finance minister's announcements signal a strong focus on bolstering India’s agricultural and educational sectors, alongside creating an environment conducive to entrepreneurial growth.

(KNN Bureau)