₹100-crore city beautification project hits slowdown amid policy uncertainty | Thiruvananthapuram News

T’puram: A flagship Rs 100-crore urban rejuvenation and city beautification scheme, conceived to transform some of city’s busiest corridors into vibrant, pedestrian-friendly public spaces, has slowed considerably, with several key components yet to take off amid funding and policy-related uncertainties.The ambitious project, announced under state’s urban rejuvenation and beautification scheme, is being implemented by Smart…

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KIIFB funding delay stalls EV Research Park project; officials push for revival | Thiruvananthapuram News

Officials said the project continues to remain a priority of the state govt T’puram: The proposed Electric Vehicle (EV) Research Park at Vilappilsala in the capital, envisaged as the state’s flagship hub for electric mobility research, innovation and advanced manufacturing, is delayed due to funding constraints linked to the reported restructuring of KIIFB.Senior officials associated…

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Kerala govt forms expert panel to review KIIFB’s working | Thiruvananthapuram News

The committee will review KIIFB’s institutional, financial, governance and operational framework before submitting a restructuring plan within three months T’puram: State govt constituted a high-level expert committee to recommend a comprehensive restructuring of Kerala Infrastructure Investment Fund Board (KIIFB), focusing on strengthening its long-term sustainability, improving governance standards and enhancing its capacity to finance infrastructure…

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Vazhimukku-Kaliyikkavila road: Omission in budget prolongs project’s uncertainty | Thiruvananthapuram News

Thiruvananthapuram: State budget has again failed to earmark funds for the long-pending development of Vazhimukku-Kaliyikkavila stretch, raising uncertainty over one of the most crucial road projects in the district’s southern fringes.The proposed widening of the corridor forms the second phase of Karamana-Kaliyikkavila road development project, which is expected to significantly improve connectivity between Thiruvananthapuram city…

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Vijayan: No blueprint for development in budget | Thiruvananthapuram News

Pinarayi Vijayan holds a news confreance on Friday T’puram: Opposition leader Pinarayi Vijayan criticized state govt’s budget, accusing CM and FM V D Satheesan of abandoning welfare commitments, diluting key policies of previous LDF govt and promoting the interests of private sector. Vijayan alleged that govt had created an impression that Kerala was facing a…

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Akkulam, Kovalam revamp projects face uncertain future | Thiruvananthapuram News

Akkulam Lake rejuvenation project was estimated at Rs 3.5 crore Thiruvananthapuram: The proposed rejuvenation of Akkulam Lake and the renovation of Kovalam Beach have run into fresh uncertainty, with the newly elected state govt unlikely to approve bids quoted at nearly double the estimated project cost, casting doubts over the future of two key tourism…

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KIIFB leaves Kerala with obligations of around Rs 56,000 crore | Thiruvananthapuram News

Former CM Pinarayi Vijayan with ex-finance minister Thomas Isaac and ex-KIIFB CEO K M Abraham during a meeting in Thiruvananthapuram T’puram: Kerala Infrastructure Investment Fund Board (KIIFB), the flagship infrastructure financing vehicle created by the LDF govt in 1999, now leaves Kerala with obligations of around Rs 56,000 crore after a comptroller and auditor general…

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