Whilst diesel scarcity hit the odd companies of the Kerala State Street Transport Company (KSRTC), the State authorities on Saturday intervened, sanctioning monetary help of ₹22 crore to resolve the disaster.
The general public sector oil advertising and marketing corporations are sustaining that they won’t provide the gas to the Company with out clearing the arrears of ₹13 crore.
The choice to foot the pending wage payments of workers utilizing the fund put aside for the gas buy has worsened the scenario within the public utility. Following this, as much as 50% of odd bus companies had been reduce brief in varied depots in 10 districts, hitting the passengers adversely. The KSRTC has determined to function solely 25% of its odd companies on Saturday and no service on Sunday following the scarcity of diesel.
Earlier, the State authorities had sanctioned ₹50 crore to the Company to pay the salaries of workers and for the compensation of financial institution loans. The common each day income of KSRTC is pegged at ₹6.5 crore, whereas its per day diesel expense is estimated at ₹3.5 crore. Kerala Pradesh Congress Committee (KPCC) president Ok. Sudhakaran alleged that the cancellation of companies by the KSRTC was foul play of administration.
Final month, KSRTC had clocked a income of ₹190 crore, of which solely ₹172 crore is required for footing the payments of diesel and wage. Additional, the gas scarcity may be solved if the ₹13 crore dues of oil corporations are paid. As an alternative of making an attempt to resolve the momentary drawback, the administration and the federal government had been making an attempt in charge the employees, accused Mr. Sudhakaran.