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Kerala Government order Economy & Banking Polity & Governance

Kerala corrects the designations of two members of the expert committee restructuring KIIFB

The Information and Public Relations Department issued the correction on 16 October 2026.
It relates to the expert committee constituted to restructure the Kerala Infrastructure Investment Fund Board under Finance Department Order No. 80/2026/Fin dated 13 July 2026.
Member Nilesh Vikamsey is described as a former President of the Institute of Chartered Accountants of India and a partner at KKC and Associates.
Member Subhalakshmi Narayanan, IA&AS (Retd.), is described as a former member of the Audit Board and Principal Director of Audit in the office of the Comptroller and Auditor General of India.
KIIFB is the State's off-budget borrowing and infrastructure financing body, and its future is under examination by the committee.

Order constituting the committee: No. 80/2026/Fin dated 13 July 2026 Member: Nilesh Vikamsey, former ICAI President Member: Subhalakshmi Narayanan, IA&AS (Retd.)
Why it matters for exams: KIIFB, off-budget borrowing and the constitutional office of the Comptroller and Auditor General are standard Kerala PSC and UPSC economy-governance ground.
Kerala PSCUPSC

In plain words

KIIFB Kerala Infrastructure Investment Fund Board — A State body that raises money outside the budget to fund infrastructure projects in Kerala.

IA&AS Indian Audit and Accounts Service — The central service that staffs the office of the Comptroller and Auditor General of India.

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