The Third ministry was formed due to the problems in the Pattom Thanu Pillai's ministry between the allies in the Congress - PSP - Muslim League Front. After the appointment of Pattom Thanu Pillai as Governor of Punjab. R. Sankar formed the new ministry. PSP ministers viz D.Damodaran Potti and K.Chandraseharan resigned from ministership on 8.10.1962 and M.P. Govindan Nair was included in the ministry on 9.10.62. P.T.Chacko who was a vibrant leader of the Congress party had to resign from the post of Home Minister due to severe factional problems in the party. and T.A. Thomman was reinstated as Minister on 2.03.64.
15 MLA's of Congress party under the leadership of K.M. George and R. Balakrishna Pillai formed a new political party 'Kerala Congress' in Kottayam in 1964. And subsequently P.K. Kunju Sahib of the Communist Party put a No Confidence motion in the house and with the help of the splinter group they could bring down this ministry. Again President rule was imposed though General Elections were conducted in State in March 1965. But no party could gain a majority and hence the President's rule was extended till 1967 Elections.
1. R. Sankar - Chief Minister
2. P.T.Chacko - Home, Law, Revenue. (resigned on 20.2.1964)
3. K.A. Damodara Menon - Industries
4. P.P. Ummerkoya - Public works, LSG, Fisheries.
5. E.P.Paulose - Food Supplies, Irrigation.
6. K.T. Achutan - Transport
7. K. Kunjambu - Harijan Welfare
8. D. Damodaran Potti - Public Works. (resigned on 8.10.62)
9. K. Chandrasekharan - Law. (resigned on 8.10.62)
10. M.P. Govindan Nair - Public Health
11. T.A. Thomman - Parliamentary Affairs
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