The Kerala Infrastructure Investment Fund Board (KIIFB), the special purpose vehicle (SPV), envisaged to mobilise funds from outside the budget, would raise funds for the ambitious projects.
Thirty-seven schools and seven railway over-bridges would be covered under the programme.
A meeting of KIIFB, chaired by Chief Minister Pinarayi Vijayan, gave the nod to the projects worth Rs. 449 crore here today, an official statement said.
The project would also cover the construction of some local roads including Nedumangadu-Aruvikkara-Vellanad Road, it said.
The meeting evaluated the preparations for the launch of NRI online chitty, a first of its kind initiative in the country.
The chitty project would be launched by Kerala State Financial Enterprises.
Besides the Chief Minister, Planning Board Vice- Chairman V K Ramachandran, Chief Secretary Nalini Netto and other senior officials took part in the meeting, the release added.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
