CM announces revival package for KSRTC; empanelled staff will not be dismissed
Thiruvananthapuam: Chief Minister Pinarayi Vijayan on Monday announced a new revival packaged for the Kerala State Road Transport Corporation (KSRTC).
“The coronavirus pandemic has further worsened KSRTC’s financial situation. It is in this situation that the government is introducing the revival package. This will address the long pending demands of the staff,” the CM stated.
As part of the package, the government will hand over Rs 255 crore to KSRTC immediately. The interest of Rs 941 crore, which the corporation owes to the government, will be waived. Empanelled employees at KSRTC will not be dismissed. They will be given jobs at KSRTC’s associate enterprise swift, he said.
As interim relief, the employees will be given an additional pay of Rs 1,500. The government will grant funds for this to KSRTC. Discussion regarding salary revision as part of the package will be initiated. The government will spearhead the discussions with the consortium for a new loan scheme for KSRTC, the CM said.
Steps will be taken to give land deeds to all the land in KSRTC’s possession without adding financial burden. The aim is to reduce the income gap between KSRTC’s income and expenditure to Rs 500 crore. This amount will be given to the corporation as a grant for its free services, Pinarayi Vijayan said.
Those responsible must retrospect why the previous KSRC revival package did not materialise, the CM criticised. The Left government has kept its promise and granted RS 1,000 crore each to KSRTC during the last two years. During the current financial year, the government's assistance to KSRTC will amount to over Rs 2,000 crore. The Left government has granted Rs 4,160 crore to KSRTC so far. During the previous UDF reign, KSRTC only received Rs 1,220 crore from the government, the CM said.