Dismantling KIIFB will set back Keralam’s development by 30 years, says Isaac
Former Kerala Finance Minister T.M. Thomas Isaac warns that dismantling the Kerala Infrastructure Investment Fund Board (KIIFB) would significantly delay state development projects. He also criticized the Enforcement Directorate's investigation into the former Chief Minister's family as politically motivated.
Why it matters
The debate highlights the tension between state-led infrastructure financing models and federal oversight, impacting regional economic stability.
Dismantling KIIFB will set back Keralam’s development by 30 years, says Isaac left Former Finance Minister of Keralam T.M. Thomas Isaac. https://th-i.thgim.com/public/incoming/7qlqn2/article71588775.ece/alternates/FREE_1200/17tvnearby1_G42GLSGDEV3L.3.jpg.jpg MAHINSHA S THIRUVANANTHAPURAM: KERALA: 12/012021 ::: Finance Minister Dr Thomas Issac during an interview with The Hindu in Thiruvananthapuram on Monday................Photo::Mahinsha S Isaac Projects implemented through KIIFB would take at least 30 years to complete if funded entirely through regular budgetary allocations, says former Finance Minister KASARAGOD Communist Party of India (Marxist) [CPI(M)] Central Committee member and former Finance Minister T.M. Thomas Isaac has alleged that attempts to dismantle the Kerala Infrastructure Investment Fund Board (KIIFB) will derail the State’s development plans and push Keralam’s progress back by at least 30 years. He also accused the Enforcement Directorate of conducting a politically motivated investigation targeting former Chief Minister Pinarayi Vijayan and his family. Dr.
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