From losses to records: KSRTC records all-time daily revenue of ₹13.01 crores

Thiruvananthapuram: The Kerala government on Tuesday said the state-run Kerala State Road Transport Corporation (KSRTC), which had faced financial strain in earlier years, posted its highest-ever single-day revenue of ₹13.01 crore on January 5.

Chief Minister Pinarayi Vijayan praised the achievement in a Facebook post, stating that it counters claims that the state’s public transport system is in decline.

The CM further said that of the ₹13.01 crore earned by KSRTC on January 5, ticket sales alone accounted for ₹12.18 crore, which he termed a historic achievement.

The remaining ₹83.5 lakh came from non-ticket income, he added.

KSRTC also surpassed its previous daily income record of ₹10.19 crore, achieved on September 8 last year, he said.

According to Vijayan, the reasons for the historic achievement include the state government's policies to protect and make public sector undertakings profitable, systematic management of KSRTC operations to achieve targets, and modernisation of the corporation's fleet.

He also highlighted the coordinated efforts of the government and KSRTC employees and officials as playing a significant role in achieving this "brilliant milestone".

The CM said the government is rapidly nearing its goal of making KSRTC fully self-sufficient and congratulated the corporation's employees and officials for their hard work in reaching this achievement.

PTI