Karnataka govt issues financial support to KSRTC for paying salaries to its employees

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 The Karnataka government  issued financial support to Karnataka State Road Transport Corporation (KSRTC) for the organisation to pay the April and May salaries of its employees.The government released a 100 per cent salary amount for April and a 50 per cent salary amount for May for the KSRTC.

Deputy Chief Minister and Transport Minister Laxman Savadi took a lead in the matter and explained the difficulties faced by the transport corporations to Chief Minister BS Yediyurappa with a series of meetings and discussions.

The cumulative losses of the KSRTC from March until now stand at more than Rs 531 crore, according to a release issued by the organisation.Due to the coronavirus crisis, no buses are in operation on the roads of the state for nearly two months.

On Monday, Shivayogi C Kalasad, MD of KSRTC, C Shika, MD, BMTC, Dr Ram Nivas Sepat, Director, S&V, Kavitha S Mannikeri, Director (P&E), KSRTC — met Savadi and gave a letter of gratitude on behalf of all the officers and employees of four state transport undertakings.

 

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The Dispatch Staff