A memorandum of understanding was signed in this regard between the 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 crore 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.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
)