Kerala govt allocates ₹122 crore to KSRTC in financial assistance
During the tenure of the Left government, the ailing public sector utility received a total of ₹6,523 crore as government assistance.
| Photo Credit: THULASI KAKKAT
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.
Published – June 27, 2025 11:52 am IST
