KSRTC staff to receive salary from today as govt grants Rs 30 cr


Relief for KSRTC staff, salary distribution to start from today

Representative Image: KSRTC buses | Photo: Mathrubhumi

Thiruvananthapuram: Giving relief to the employees, KSRTC will start distributing salary from Monday. The finance department has transferred Rs 30 cr to KSRTC for the salary distribution. Among the staff, drivers and conductors will receive the salary at first.

KSRTC has borrowed Rs 45 cr as an overdraft from the State Bank of India. Earlier, Rs 5 cr was borrowed in a similar manner.

It is learnt that KSRTC will be able to distribute salary to all employees by Tuesday. Rs 50 cr raised as overdraft and Rs 30 cr from the government will be utilized for the salary distribution.
Meanwhile, KSRTC has no idea how to raise fund for salary distribution in May.

Add Comment
Related Topics

Get daily updates from Mathrubhumi.com

Youtube
Telegram
Disclaimer: Kindly avoid objectionable, derogatory, unlawful and lewd comments, while responding to reports. Such comments are punishable under cyber laws. Please keep away from personal attacks. The opinions expressed here are the personal opinions of readers and not that of Mathrubhumi.