KIFB sanctions projects worth Rs.3,800 crore  

Wednesday, Jul 19, 2017,17:01 IST By anju A A A

Thiruvananthapuram | Kerala Infrastructure Fund Board (KIFB) has sanctioned various development projects with a total cost of Rs 3,800 crores in different sectors including forest, public works, water resources and power.
A memorandum of understanding was singed in this regard between board and respective secretaries of the departments, Finance Minister T M Thomas Isaac’s office said today.

The aim was to take up projects worth Rs 40,000 crores during the current financial year, it said in a release.
KIFB was expected to sanction projects worth Rs.1,000-1,500 crore every month, he said.