Kerala, KIIFB, LEFT Governments

The Kerala Infrastructure Investment Fund Board (KIIFB) was created to overcome Kerala’s chronic underinvestment in infrastructure caused by limited fiscal space and high welfare obligations.

Its financing model — described as a Controlled Leverage Model — allows long-term borrowing against ring-fenced revenue streams rather than ad-hoc government guarantees.

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1. National Highway: Rs. 6790.01 Cr ($818.16 Million)
2. Bridges, R.O.B, Flyovers: Rs. 6835.22 Cr ($823.60 Million)
3. Schools, Colleges: Rs. 5551 Cr. ($668.97 Million)
4. Roads: Rs. 19,576.40 Cr. ($2.36 Billion)
5. Health & Family Welfare: Rs. 7495 Cr. ($903.01 Million)
6. Energy: Rs. 5200 Cr. ($626.50 Million)
7. Water: Rs. 5020.14 Cr. (604.06 Million)
8. Coastal Highway: Rs. 7489.26 Cr. ($902.32 Million)
9. Coastal Protection: Rs. 1276.74 Cr. ($153.82 Million)
10. Hill Highway: Rs. 3940.40 Cr. ($474.88 Million)
11. IT: Rs. 2536 Cr. ($305.52 Million)
12. Sports and Youth Welfare: Rs. 988…