Polity/EconomyGS-IIGS-III· 1 min read
Disbandment of Kerala Maritime Board
Why in news?
The Kerala government has disbanded the Kerala Maritime Board due to administrative lapses, financial irregularities, and failure to meet statutory obligations.
Key points
- The board failed to submit annual administrative reports for three financial years (2022-23, 2023-24, 2024-25).
- CAG audit report highlighted serious financial irregularities, including revenue arrears, lapses in budget expenditure, and misappropriation of funds.
- The board was constituted under the Kerala Maritime Board Act, 2017.
- Disbandment cites failure to discharge duties vested with it and non-compliance with government directives.
Background & context
The Kerala Maritime Board was established to oversee and regulate maritime activities within the state. Its functions are crucial for port development and management.
★ Prelims fact capsule
The Kerala Maritime Board was constituted under the Kerala Maritime Board Act, 2017 (Act 16 of 2017).
✎ Mains relevance
GS Paper II: Governance; GS Paper III: Infrastructure (Ports).