Tottering on the brink of a collapse, the Kerala State Housing Board is seeing new hope in Finance Minister Thomas Isaac’s statement in the budget that “the duties of the board have to be redefined” and that “it can become an important agency for the construction of buildings under the anti-recession package”.
Taking the budget proposals in right earnest, the board is learnt to be drawing up a plan of action, including measures to bring down expenditure by winding up some offices, merging others and putting a hold on new recruitments.
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