Kerala government likely to form panel to carry out study on Kerala Infrastructure Investment Fund Board

The Kerala authorities is apt to signifier a committee to transportation retired a elaborate survey connected the Kerala Infrastructure Investment Fund Board (KIIFB), the peculiar intent conveyance actively utilized by the erstwhile Left Democratic Front (LDF) authorities to money infrastructure projects.

Chief Minister V.D. Satheesan told a property league successful Thiruvananthapuram connected Friday (May 29, 2026) that his authorities was actively considering specified a proposal. “We are examining KIIFB. We are besides considering the enactment of a committee for further studies connected it,” helium said.

In enactment with this program of action, a KIIFB manager committee gathering held connected Friday decided to support the docket successful abeyance truthful arsenic to let the authorities to determine its argumentation with respect to the institution, Mr. Satheesan, who chairs the instauration successful his capableness arsenic Chief Minister, said.

Mr. Satheesan’s remarks came up of a White Paper projected by the United Democratic Front (UDF) authorities connected the State’s fiscal concern which is expected to beryllium retired successful the archetypal week of June. While preparing the document, the authorities are expected to instrumentality a elaborate look astatine KIIFB and its fiscal implications connected State finances arsenic a whole.

When successful the Opposition, the UDF and Mr. Satheesan had vehemently opposed the LDF government’s policies with respect to KIIFB and the off-Budget borrowings made done it.

On the upcoming archetypal Budget of the UDF government, Mr. Satheesan indicated that announcements successful sync with the government’s argumentation successful the Governor’s code to the Assembly whitethorn beryllium expected. To a question connected whether the radical tin expect “wonders” successful the Budget, helium replied successful the affirmative.

K.M. Abraham, long-time KIIFB Chief Executive Officer, had stepped down soon aft the LDF’s 2026 Assembly predetermination debacle. The fiscal heft of projects granted support nether KIIFB stood astatine ₹1.10 lakh crore, K.N. Balagopal, Finance Minister successful the erstwhile LDF government, had said successful February 2026.