Water supply in Kerala to be privatised

Drinking water supply in Kerala is all set to be privatised with the state government giving administrative sanction to launch a company for the purpose.

The government will have 49 per cent stake in the proposed company while the majority 51 per cent will be held by a private player.

The chief minister will be the chairman of the proposed firm and secretaries of water resources, finance and local self-government departments will be members of the board of directors.