Kerala High Court stays grant of loan to Consumerfed
The government has also not handed over Rs 50-crore grant due from it
Kochi: Kerala High Court on Monday stayed for two months a government order directing Kerala Toddy Workers Welfare Fund Board to grant Rs 100 crore to Consumerfed.
Justice V. Chitambaresh granted the stay on a petition file by K.M. Sudhakaran, president, Kerala State Kallu Chethu Vyavasaya Thozhilali Federation (CITU), challenging the order.
The petitioner submitted that the state had not yet repaid Rs 100-crore loan which it had taken earlier. The government has also not handed over Rs 50-crore grant due from it.
The petitioner pointed out that Consumerfed is facing a crisis just like KSRTC and so it was not viable to hand over the money to the government.
( Source : deccan chronicle )
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