Lockdown service creating more loss for KSRTC; Kerala seeks help from Centre
Thiruvananthapuram: Kerala State Road Transport Corporation (KSRTC) services are facing more losses after it resumed services amid the lockdown. On Monday, the corporation faced losses to the tune of Rs 60 lakh.
KSRTC had operated more services on Thursday and covered more kilometres. KSRTC operated 1,432 services on Thursday and the buses covered a total of 2,41,223 kilometres. Losses from Thursday amounted to over 51 lakhs.
However, there is an increase in the number of passengers.
A KSRTC bus needs income of Rs 45 per kilometre to run without loss. On Thursday, the buses received Rs 23.25 per kilometre as income. The corporation lost over Rs 22 per kilometre on Thursday.
As the buses are being operated maintaining social distancing, KSRTC is expecting more losses.
Most of the state transport services in the country are facing losses after public transport resumed amid the coronavirus lockdown.
But for KSRTC, which is already in a severe financial crisis, daily losses to the tune of Rs 60 lakhs is unthinkable. Hence the corporation has sought help from the central government. The transport department has decided to approach the Union Ministry of Transport in this regard.