Kochi man to sell his tourist buses at Rs 40/kg

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Royal Travels' buses and its owner Roy

Kochi: Exasperated over the burden of loans and police excess amid the pandemic, the owner of Royal Travels tourist buses in Kerala’s Kochi has decided to sell off his tourist buses at Rs 40 per kilo. According to Roy, the owner of the buses, he has taken the decision as a protest and only solution to mitigate the ordeal he is going through.

Notably, Covid-19 related restrictions have badly affected the tourist bus operators. Citing the same, Roy said that all his buses were purchased on loans. He started to sold the buses as financiers started to visit him regularly demanding repayment of the loans. Though most of the buses are not so old, he sold 10 buses after the lockdown. Now he has 10 more buses which cost from Rs 36 lakh to Rs 40 lakh.
Roy pointed out multiple issues that let him down to survive in the field.

“After lockdown, the buses resumed operations from last January 1. Tax and insurance of the vehicles were paid. However, on every nook and corner, police started to torment us in the name of checking. The cops levied a fine of Rs 2000 by citing that we operated the bus on Sunday. As the driver doesn't have the money, he arranged it from a passenger,” he explained an instance.

All documents related to the bus was perfect, but the cops wanted us to pay the fine, he added.

According to him, apart from the taxes, the buses are plying by paying an insurance amount of Rs 80,000.
"I am selling the buses at least to cut down the huge amount of debt," said Roy with grief,

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