KIIFB biggest disaster for Kerala; who will repay debts, asks E Sreedharan
Kozhikode: Metro man E Sreedharan opined that the Kerala Infrastructure Investment Fund Board (KIIFB) was a disastrous project. It borrows beyond the debt limit set by the central government and the Reserve Bank. Every Keralite bears the burden of Rs 1.2 crore debt. All projects of KIIFB are unprofitable. Who will repay the debts, he asked in an exclusive interview with Mathrubhumi News.
The state government accomplished many useful projects in health sector during the last one year, but nothing was done in education sector. Party workers are appointed in all colleges and universities. Education sector has lost its standard. Health sector has been developing in last one year. Shailaja Teacher should be given the credit for this, he said.
The flood was a human-made disaster and not a natural calamity. This government failed to find out the reason for the flood. An expert committee should be appointed to study the causes of flood and take precautionary measures. The flood relief works are not complete yet and they cannot claim rehabilitation as an achievement, he said.
No new industry was launched in the state in last 20 years. People are not letting it happen. They won’t get any job unless industries are initiated. Infrastructure development is carried out only for the benefit of politicians. But these are useless for both the country and the state. The Silver Line project is an example for this, Sreedharan pointed out.
The LDF government turned down many railway projects such as Nilambur- Nanjangud, Thiruvananthapuram light metro and Kozhikode light metro which received approval. They don’t take up projects that are useful for the state but choose the ones which earns fame for them, he alleged.
“I believe that our deeds should be beneficial for the state. Otherwise, we would not have taken up work of Palarivattom flyover. If we had turned down the work, it would take 18 months to complete the flyover. This will cause huge difficulties for the public. We will complete it within five and a half months,” Sreedharan said.