Rs 126 cr collected by KSEB through Salary Challenge not handed over to CMDRF
Thiruvananthapuram: The Kerala State Electricity Board (KSEB) has not yet handed over the funds collected from its employees through salary challenge for flood relief last year, to the government. KSEB chairman N S Pillai told media that it has not handed over the funds as the board is facing financial crisis.
As part of salary challenge, Rs 136 crore was collected from employees within one year. The fund was collected as three days’ salary for ten months. Out of the funds collected, only Rs 10.23 crore was transferred to the Chief Minister’s Distress Relief Fund (CMDRF). The balance Rs 126 crore is still pending to be transferred.
Normally, the amount collected from salary is transferred to CMDRF in the same month. But KSEB did not abide to this guideline. KSEB chairman is of the opinion that it is due to financial crunch. Before the salary challenge, KSEB had contributed Rs 50 crore to CMDRF, Pillai added.
Water Authority is yet to pay Rs 1,500 crore to KSEB. Government has decided to give the pending amount in four instalments. KSEB has decided to incur this amount from the funds collected for CMDRF, he said.
However, as the matter sparked controversy, KSEB, in a release, said that the fund would be transferred to CMDRF as early as possible. Funds were collected from employees in various months. It had to be collected, calculated and tallied. The delay was caused for transferring the fund as a whole, it said.