As the New Year dawns in the state of Kerala, the government led by the Left Democratic Front is entering the eighth month of good governance. At this juncture of hope and happiness, a retrospective analysis of the targets met will uplift the spirit of the government as well as the people. The manifesto published prior to the election had assured the people of integrated development at every stratum of the society. Ever since the government had assumed office, due importance has been given to industrial and infrastructure development that could accelerate sustainable growth in the economy.
To mobilize funds and to acquire capital for the development of infrastructure facilities, the Kerala Infrastructure Investment Fund Board (KIIFB) has been restructured to act as the key Special Purpose Vehicle (SPV). (more…)