"The Agriculture college will now be known as 'Dr Kalam Agriculture College Kisanganj'," Kumar said in a statement here before leaving for Delhi to pay tributes to the former President.
Kalam died at Bethany Hospital in Shillong, Meghalaya last night after he collapsed during a lecture at the IIM.
Kumar was scheduled to inaugurate the first phase of newly constructed building of Kisanganj Agriculture college today, which he cancelled following the death of Kalam.
"This will be the most befitting way to pay respect to the departed President that the Kisanganj Agriculture college be known by his name," the chief minister said.
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Stating that he was very popular among youths, Kumar said "he was truly a Bharat Ratna."
Recalling how Kalam visited Bihar in the capacity of President in 2006 and addressed the joint session of the state Legislature, he said "I still remember Kalam had given 10-point suggestion for the development of Bihar."
"It was Kalam who suggested revival of the Nalanda University following which we worked on it and the International University has come up.
"After completing Presidential tenure, on my request he had visited Nalanda and worked in the Nalanda International University.
Earlier in the morning, oath ceremony of newly elected members of the state Legislative Council from local bodies was cancelled by Chairman Awdesh Narayan Singh.