Kerala govt allocates ₹122 crore to KSRTC in financial assistance
The Kerala government has allocated a sum of ₹122 crore as financial assistance to the Kerala State Road Transport Corporation (KSRTC) this month.
Of this, ₹72 crore has been allocated for pension distribution, while the remaining ₹50 crore is the financial assistance to the public utility, including for paying the overdraft dues.
During the tenure of the Left government, the ailing public sector utility received a total of ₹6,523 crore as government assistance.
The Budget allocation for this financial year is ₹900 crore for the corporation. Of this, ₹388 crore was made available within three months of this fiscal.
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