Launch of Direct Payment System for KIIFB

The Direct Payment System for Kerala Infrastructure Investment Fund Board (KIIFB) was launched by Hon’ble Finance Minister of Kerala, Shri. Thomas Isaac on 14th August 2017 at a function held at Mascot hotel, Thiruvananthapuram in the presence of Hon’ble Minister for Education, Shri. Ravindranath. Launching the system the Hon’ble Minister informed that Around Rs. 30,000 crores of projects will be executed through KIIFB this year and all the payments will be done through this portal through Director Payment System only.

    The Additional Chief Secretary (Finance) & CEO, KIIFB, Dr. K M Abraham, IAS appreciated the efforts taken by NIC to complete the portal and Direct Payment System by integrating with State Bank of India Core banking solution. The Principal Secretary Education Smt. Usha Titus, IAS, Managing Director, RBDCK, Smt. Asha Thomas, Managing Director, KMSCL,  Dr. Navjot Khosa IAS, Sri. T. Mohana Dhas, SIO, Kerala, Shri. P T Mathew CGM, BSNL were also present on the Occasion.

The KIIFB Portal, Project Management System and Director Payment Systems are designed  and developed by National Informatics Centre, Kerala State Unit for the online submission of projects by SPV’s for approval, appraisal, inspection, monitoring and also for processing of invoices of vendors and direct payment of the amount to the vendors bank account.