Thiruvananthapuram, March 5 -- Kerala has secured approval from the union Finance Ministry for special assistance of Rs 360 crore under the Compliance Reduction & Deregulation (Phase-I) component of the Special Assistance to States for Capital Investment (SASCI) scheme.

The approval reflects the Government of India's acknowledgement of Kerala's systematic approach towards reducing regulatory burdens and strengthening the state's investment ecosystem through structured compliance reforms.

The amount will be released in a single instalment. The Kerala State Industrial Development Corporation (KSIDC), being the nodal agency, had coordinated the state-level implementation of the Compliance Reduction and Deregulation Programme for the past nin...