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Junking certain LDF promises can also free budgetary funds.
Kerala's fiscal health report is a valuable assessment of its challenges, recommending expenditure management and tax reforms, though it overlooks cooperative sector issues and contextually presents debt.
A White Paper criticises KIIFB's functioning, citing skewed project allocations and structural irregularities, arguing its core premise is undermined.
The new government faces implementing five election promises, including free bus travel for women and higher welfare pensions. They must also address policy issues surrounding KIIFB and gold revenue, which may be detailed in a 'revision budget'.
K M Abraham has resigned as Chief Executive Officer of the Kerala Infrastructure Investment Fund Board (KIIFB).
Suspended IAS officer B Ashok alleged a retired officer, K M Abraham, formed a 'caucus' using KIIFB funds for the ruling party's publicity, thereby disrupting bureaucracy and silencing dissent.
The UDF plans to denotify land acquired for the SilverLine project and review schemes like LIFE Mission, Kerala Bank, and KIIFB if they win the 2026 Assembly elections.
The court raised concern about whether it would be appropriate to challenge the order when it has expired.
KIIFB has so far spent ₹38,608.52 crore on approved projects and completed work worth ₹24,734.58 crore.
The Union government's hesitation to act on the 16th Finance Commission's recommendation is reportedly due to concerns about adversely affecting other 'friendly states' like Andhra Pradesh, which have significantly higher off-budget debts.
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