Housing Board urged to open fair price shops for building materials

Employees want board to leverage its land holdings to revive financial health

March 17, 2022 07:03 pm | Updated 07:03 pm IST

Housing Board Samyukta Samiti, a combine of Kerala State Housing Board employees, has appealed to the board authorities to consider, among other things, leveraging its land holdings to revive the financial health of the institution and explore the possibility of setting up fair price shops for building materials in the wake of the rapid rise in prices of materials.

In a memorandum submitted to the board chairman, the employees said the board had assets worth around ₹8,000 crore, which included nearly 125 acres of prime land holdings in various parts of the State. The assets should be utilised to revive the activities of the board, which is a premier government agency in the housing sector.

The employees also appealed to the board authorities to seek permission for setting up fair price shops for building materials in each panchayat and sanction for collecting sand from rivers and dams and its storage and distribution.

The employees said the government should permit the board to avail loan from agencies like Housing and Urban Development Corporation for constructing housing and commercial complexes on prime land owned by the board. Or else, the government should decide on the board’s functions in the future, even as it has been kept away from major projects like Life Mission and rehabilitation.

The employees felt that a global tender should be invited to build a major commercial and residential complex at Marine Drive in Kochi. The project can bring major gains both for the board and the State government, and any attempt to take away the property from the board should be abandoned.

The employees also drew the board’s attention to pension arrears to the tune of ₹52 crore for retired staff. There are retirees who have not even been paid provident fund. The employees are of the view that the board should demand the more than ₹243 crore owed by the government, to meet its immediate financial requirements.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.