Panel headed by Sudha Pillai to study Kerala Infrastructure Investment Fund Board revamp
The Kerala government has formed a five-member committee led by Sudha Pillai to restructure the Kerala Infrastructure Investment Fund Board (KIIFB). The panel will review the board's financial framework, resource mobilization strategies, and project allocation to ensure systemic efficiency and compliance.
Why it matters
This review is critical for the financial governance of state-led infrastructure projects and the long-term fiscal health of the region.
The Kerala government on Monday constituted a committee headed by retired IAS officer Sudha Pillai to examine the existing framework of the Kerala Infrastructure Investment Fund Board (KIIFB) and recommend a ‘comprehensive restructuring plan.’
The five-member panel headed by Ms. Pillai has as its members Shyam Srinivasan, former managing director and chief executive officer, Federal Bank; Nilesh Vikamsey, former chairman, Association of Chartered Accountants of India and partner, KKC and Associates; retired IA&AS officer H. Shubhalakshmi Narayanan, former director, Audit Board of the Comptroller and Auditor General of India; and retired IAS officer Tarun Bajaj, former Revenue Secretary, Government of India.
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