Post-Flood Reconstruction of Kerala and Scope of Interest-Free Finance
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Abstract
The state Kerala has achieved many developments in its social, political and economic aspects. 'Kerala model of development' was a major discussion on the approaches of development in India. But the productive sectors of Kerala remained stagnant and only the service sector achieved rapid progress. Insufficient Infrastructure with high dense population of the state due to the scarcity of financial resources further destroyed due to the flood of 2018, which submerged the Kerala economy and the life of the people. The most affected sector is the infrastructure sector and the reconstruction became very expensive because of huge interest rate in the existing system of finance. This paper presented the scope of interest free finance as an alternative solution for the reconstruction of Kerala infrastructure in the post-flood period.
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How to Cite
Nasreena, K. K., & Kamnakaran, N. (2019). Post-Flood Reconstruction of Kerala and Scope of Interest-Free Finance. SJCC Management Research Review, 29–36. https://doi.org/10.35737/sjccmrr/V9/i2/2019/151082
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