The Nehru Trophy Boat Race Society (NTBRS) has yet to receive the sum though the grant was passed last week.
V.N. Vasavan, Minister for Cooperation, will inaugurate the Champions Boat League race at 2 pm on Saturday.
The event is scheduled from September 16 to December 2.
Incident happened at 3:40 pm near Starting Point Boat Jetty, police said
Fans of Pallathuruthy Boat Club celebrated their fourth consecutive victory.
Race witnesses thrilling finish as Champakkulam Chundan arrives 2nd, Nadubhagom Chundan 3rd and Mahadevikkadu Kattil Thekkethil Chundan finishing 4th
A spread, complete with tapioca and fish curry, meals and various other vegetarian and non-vegetarian items is available at the food fest.
The even will be inaugurated at 2 pm.
The Nehru Trophy Boat Race will start around 11 am on August 12.
Pallathuruthy Boat Club favourites to lift the coveted silver trophy again