Centre Approves Rs 360 Crore to Kerala for Deregulation and Infrastructure Projects

The Union Finance Ministry has approved Rs 360 crore in special assistance to Kerala under the Compliance Reduction and Deregulation component of the SASCI scheme. Coordinated by the Kerala State Industrial Development Corporation over nine months, this initiative aims to simplify regulatory procedures, particularly benefiting MSMEs. The funds will support 13 capital investment projects by state agencies, enhancing infrastructure and investment readiness. Key officials from both the state and central government have played significant roles in implementing these reforms.