This Act amends the Kerala State Rural Development Board Act, 1971, to enhance the financial and operational flexibility of the Kerala State Rural Development Board. It empowers the Board not only to execute rural development schemes directly but also to provide loans to Panchayats for such projects. It broadens the scope of eligible development schemes and allows the Board to collaborate with a wider range of financial agencies. Furthermore, it establishes a structured mechanism for the Board to recover funds and loans from Panchayats through negotiated annual installments, ensuring sustainable financial management for rural infrastructure development across the state.
Official Legislative Text
Educational Study Layer
Chronological legislative evolution of The Kerala State Rural Development Board (Amendment) Act, 1989 across statutory gazettes and amending Acts.