THIRUVANANTHAPURAM: The State Government has approved an additional 71 crore rupees to KSRTC for pension distribution. This decision comes after earlier plans to source the required pension funds through a consortium of cooperative societies faced incomplete procedural steps. Finance Minister K N Balagopal announced the decision. Consequently, the government opted to ensure the necessary amount for this month's pension distribution.

Within a span of nine months, the government has allocated a total of 1355 crore rupees to KSRTC. Out of this year's budget, 900 crore rupees have been earmarked for KSRTC. Notably, the second Pinarayi government has allocated 5034 crores while the preceding Pinarayi government allocated 4936 crores to KSRTC. Cumulatively, both LDF governments have provided a substantial sum of 9970 crores over seven and a half years.