SignIn
Kerala Kaumudi Online
Tuesday, 05 July 2022 12.03 PM IST

Severe crisis in KSRTC; no money to pay salary on time, section of employees will have to be laid off, says Minister

ksrtc

THIRUVANANTHAPURAM: There is severe crisis in KSRTC, said Transport Minister Antony Raju. The fuel price hike is the reason for the crisis. The employees can no longer be paid their salaries accurately every month, he said.

As a solution to the crisis, a section of employees will have to be laid off, said the minister. Last year, the government gave Rs 2,000 crores to the KSRTC. However, due to the price hike, there has been an additional monthly expense of Rs 500 crore, added the minister.

Swift is an integral part of the KSRTC, he said. After 10 years, all the assets of Swift will go to the KSRTC, pointed out the minister.

JOIN THE DISCUSSION
TAGS: KSRTC, CRISIS, MINISTER, FUEL PRICE, HIKE, EMPLOYEES, SALARY, LAID OFF
KERALA KAUMUDI EPAPER
TRENDING IN KERALA
TRENDING IN KERALA
X
Lorem ipsum dolor sit amet
consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
We respect your privacy. Your information is safe and will never be shared.