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Centre Sanctions ₹360 Crore for Kerala Under SASCI Deregulation Push

The single‑tranche funds back 13 state projects tied to Kerala’s nine‑month compliance overhaul.

Overview

  • The Union Finance Ministry approved special assistance under SASCI’s Compliance Reduction & Deregulation Phase‑I with release in one tranche.
  • The allocation is designated for 13 capital projects to be executed by KRFB, KWA, RBDCK and KMRL.
  • KSIDC served as the nodal coordinator for a nine‑month effort to simplify procedures for enterprises, especially MSMEs.
  • Reforms highlighted include relaxed building rules, streamlined master‑plan protocols, industrial land banks, and faster building and occupancy approvals.
  • Programme oversight involved the Kerala chief secretary, Cabinet Secretariat task‑force member Manoj Govil, and Additional Chief Secretary A P M Mohammed Hanish.