Economy
Kerala Expert Panel Recommends Winding Up KIIFB
The Hindu4h
THE BRIEF
1
An expert panel appointed by Kerala's UDF government recommended winding up the Kerala Infrastructure Investment Fund Board.
2
The panel suggested absorbing KIIFB's functions directly into the State government since its borrowing function has been clubbed with the state budget.
3
KIIFB previously boosted infrastructure investment through extra-budgetary resources like Masala Bonds following the 2019 floods.