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16 Apr 2024, Edition - 3199, Tuesday

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India News

KSRTC fails to pay salary to employees despite profit

Covai Post Network


Kochi: There seems to be no end to the problems of the Kerala State Road Transport Corporation (KSRTC) as it is still struggling to pull on.Erratic income from the services, interest on pending loans, fuel bills, delay in getting government aid makes it tough to pay the salary of employees.

Even after making a record profit in January, it failed to pay the salary to Its employees in February.

Any delay in receiving government financial aid of Rs 20 crore impacts its finance management. The transport company is getting the support for the last couple of years.

KSRTC spends Rs 80 crore to meet its salary burden but it had received just half of it — Rs 41 crore in February.

This has affected in its inability to pay fuel bills of about Rs 7 crore. It is also short of Rs 10 crore received as a deduction from the employees for over one year. Tomin J Thachakary took revolutionary steps to resuscitate the transport company on the basis of Susheel Khanna committee report.

His attempts helped KSRTC to increase the daily income to Rs 7 crore. As unions launched a war against Thachankary, the reforms were left incomplete.

Adding to its woes, KSRTC’s decision to lay off 2107 workers appointed illegally by previous governments has led to termination of large number of services.

To tide over the crisis, KSRTC had appointed 512 temporary drivers on contract basis.

They were terminated by the KSRTC a few days back. They were selected from the expired list prepared by the Kerala PSC.

They were appointed after 2107 drivers appointed illegally were terminated.

A KSRTC official on condition of anonymity told The Covai Post that the termination has not impacted services in Idukki where people heavily depend on KSRTC service due to absence of railway network.

He said all schedules to different parts of the state was operated as usual.

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