The Kerala Infrastructure Investment Fund Board on Friday submitted before the High Court that the protracted investigation against it initiated by the Enforcement Directorate had detrimentally affected its borrowing plans, which would not only jeopardize the Board's functioning but would also have the effect of stalling various developmental projects in the State.Justice V. G. Arun. The Kerala Infrastructure Investment Fund …
The Kerala High Court on Thursday asked the Enforcement Directorate to explain why former Finance Minister of Kerala Dr Thomas Issac was asked to produce private information regarding his assets at this preliminary stage of the case, particularly when he was not even an accused or suspect yet.Justice V G Arun raised the question while hearing the plea filed by …
The Budget was one that was based on optimism and hope. While major thrust was on the health sector in the previous budget, this year’s State Budget focusses on knowledge economy, skill development and infrastructure development in order to spur economic growth. Knowledge economy and skill development - The government started the Knowledge Economy Mission for providing 20 lakh employment …
It is nearly a quarter century since substantial powers, functions and funds were devolved to the local bodies in Kerala as part of a unique decentralisation experiment launched by a Left Democratic Front government. With enhanced resources and political and administrative power, the nearly 1,200 local bodies performed remarkably well along with the State government, especially in tasks such as …
Continuing to lock horns over the CAG report on KIIFB, Finance minister Thomas Isaac on Tuesday claimed a political conspiracy had been hatched to choke Kerala’s development projects, as the Congress and BJP demanded his resignation for violating norms by making public the contents before it was tabled in the assembly. Isaac, who had earlier stated that it was a …
Caught in a tight spot, the Kerala CPI’s strategy now is ‘attack is the best defence’ and after hitting out at the national probe agencies, it is the CAG that came under its ire on Sunday. Since July 5, when the gold smuggling scam surfaced and also the impropriety in Vijayan’s pet project-Life Mission surfaced, the NIA, Customs, CBI, ED …