Wed Jan 14 17:03:38 UTC 2026: # Kerala’s KIIFB Model Faces Modernization Call Amid Shifting Landscape

The Story:
Former Finance Minister of Kerala, T.M. Thomas Isaac, has called for a modernization and reorganization of the Kerala Infrastructure Investment Fund Board (KIIFB) model to adapt to evolving political and economic circumstances. Speaking at a seminar held in connection with the 150th anniversary of Maharaja’s College, Ernakulam, and the centenary of its Department of Economics on January 14, 2026, Isaac emphasized the importance of equitable resource sharing and public participation in Kerala’s developmental efforts. He envisioned a new developmental phase driven by a knowledge economy, building on past educational advancements.

Key Points:

  • T.M. Thomas Isaac, former Finance Minister, advocated for modernizing the KIIFB model.
  • The call came during a seminar at Maharaja’s College, Ernakulam, on January 14, 2026.
  • Isaac stressed equitable resource sharing and assured public participation as cornerstones of Kerala’s development.
  • He proposed a knowledge economy-focused action plan, leveraging past educational achievements.

Key Takeaways:

  • The KIIFB, a critical instrument for resource mobilization in Kerala, is under scrutiny for its adaptability in the current political and economic climate.
  • The emphasis on a knowledge economy signals a strategic shift towards leveraging education and technology for future development in Kerala.
  • The involvement of public participation reflects a commitment to inclusive and participatory governance in Kerala’s developmental initiatives.

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