Ad on staff uniform, petrol pump, retail mart; KSRTC seeking new ways of income
Thiruvananthapuram: The Kerala State Road Transport Corporation (KSRTC) is trying new ways to increase their income. The corporation is considering advertisement on staff uniform, spare parts sale, fuel trade and retail marts as new sources of revenue.
Even after the government provided Rs 60 crore to disburse pension, there is a difference of Rs 45-60 crore between monthly income and expenditure. KSRTC management submitted a proposal to the government for making an additional revenue of Rs 42.5 crore.
When the old buses are converted to CNG and LNG, about Rs 17.37 crore can be saved. Also Rs 5 crore is expected after shopping complexes are opened. The store section will be totally redesigned to sell spare parts of other vehicles too.
KSRTC has also decided to open 70 fuel pumps too. Rs 3.15 crore will be charged as monthly rent. Rs 1 crore is expected from courier service and around Rs 6 crore from workshops. Rs 28 lakh can be earned by repairing other vehicles.
Rs 2.28 crore can be earned when salary disbursement is switched to SPARK (Service and Payroll Administrative Repository for Kerala). 150 old buses will be given for rent to start retail mart. Rs 20,000 is expected as rent for one bus. The project will be expanded later.
Temporary relief fund will be formed for the employees and Rs 100-200 will be charged from the staff for this. Expense for emergency treatment will be provided from this fund. Administration will be managed by recognised union members under the leadership of CMD.