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Kerala Lost Rs 13,104 Crore Through Flagship Funding Model, Report Finds

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A report says Kerala incurred losses of Rs 13,104 crore through its flagship funding model. The Kerala Infrastructure Investment Fund Board's (KIIFB) existing repayment commitments run until 2041-42. Including the financial needs of unfinished projects, the state's future obligations could exceed Rs 70,000 crore. The findings raise concerns about the long-term fiscal burden of the borrowing model. The source article provides limited further detail on the report's methodology.

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Kerala Lost Rs 13,104 Crore Through Flagship Funding Model, Report Finds · ShortSingh