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Requiem for KIIFB as conceived by Isaac
The Free Press Journal - Indore
|February 08, 2025
The Kerala Infrastructure Investment Fund Board, once the state's flagship model for non-revenue funding, has been significantly restructured following Finance Minister K.N. Balagopal's budget presentation.
This move marks a departure from the unique funding mechanism conceptualised by former finance minister Thomas Isaac.
In its new form, defined by Balagopal, KIIFB will have to emerge as a revenue positive organisation, rather than requiring government support.
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