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Kerala Water Authority is an autonomous authority established for the development and regulation of water supply and waste water collection and disposal in the state of Kerala, India. [2] It is a government-owned organization and hence a monopoly in most parts of the state. The authority was founded on 1 April 1984. [1]
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In 2000, it had 77% of the capital volume of the chit fund business in Kerala, though just 37.5% of the number of chit funds. [4] Types of KSFE chitty schemes. Regular Chitty : In regular chits one person can bid per month. The maximum auction discount is 30 percent. For example, in a chit of 1 lakh, up to Rs. 30,000 will be reduced.
The Kerala state Electricity board started functioning under the direction of a newly formed Kerala government on 31 March 1957. [2] The first governing body consisted of 5 members, and was headed by chairman K P Sreedhara Kaymal. The staff of the erstwhile Department of Electricity of the Thiru-Kochi state were transferred to the KSEB.
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In 2002, it was reported that Kerala government have chosen to either restructure or close the loss-making enterprises and has no plan for privatisation. [5] As per CAG report for 2008-2009, Kerala PSUs lack accountability, and needs improvement for imbibing professionalism and efficiency.
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