KSRTC to cut 50 pc services citing poor occupancy
Thiruvananthapuram: KSRTC has decided to cut schedules by 50 percent with the fall in number of passengers amid the COVID-19 restrictions, informed CMD Biju Prabhakar.
Compared to other days, only limited services will be operational on Saturdays and Sundays.
If the number of passengers go up, 70 percent of services will be operated. Special permission from the chief office should be taken to operate services more than 70 percent.
At present, KSRTC has decided to operate maximum services from 7 am to 7 pm in view of the rush hours. If necessary, the depots can limit the services from 11 am to 3 pm. But the authority should be vigilant that the passengers are not disappointed with the revised schedules.
Employees in the operating section will be deployed for pre-scheduled duties on a rotation basis. Standby attendance will be granted to other staff members. These employees need not report to the unit directly for marking attendance.
Ministerial, store and supervisory departments will be operated with 50 percent staff.
Govt grants Rs 207 crore
The state government has granted Rs 207 crore to KSRTC for repaying the debts taken during the financial crisis. The amount consists Rs 127.34 crore to settle the amount taken from a consortium during March and August for pension distribution. Apart from this, Rs 80 crore has been allotted for repaying the loan of Rs 3100 crore to the SBI consortium.
It is reported that KSRTC regularly paid the repayments to the SBI consortium till the day before lockdown in March 2020. Now, the government has decided to settle the loan as KSRTC started to experience financial crisis.