Press Esc to close
Thursday 23 October 2014
News updated at 11:28 PM IST
Weather
Max: 0°C
Min : 0°C
In Bangalore
Sunny day

Govt owes transport corporations Rs 371 cr

Bangalore, July 15, 2013, DHNS:

The State government owes road transport corporations (RTCs) nearly Rs 371 crore by way of reimbursement for the subsidy on concessional bus passes issued to students and other commuters, Transport Minister Ramalinga Reddy said here on Monday.

“We were to be reimbursed Rs 871 crore for the subsidy provided to certain commuters by way of bus passes. The government already paid us Rs 500 crore and the balance Rs 371 crore is pending. Once we receive the payment, we will clear staff salaries and arrears of retired employees,” Reddy explained.

The minister admitted that the Hubli-headquartered North West Karnataka Transport Corporation (NWKRTC) had been incurring huge losses.

It is said that the NWKRTC accrued a loss of at least Rs 430 crore from 1998-99 to 2012-13.


Reddy was responding to a question in the Legislative Council over the delay in
clearing the arrears of 1,151 retired employees of the NWKRTC.

He promised the arrears would be cleared first thing once the government paid the remaining sum.

On the other hand, Reddy said, the government had identified several lacunae in preventing private buses from plying on certain routes in the State without seeking permits from the respective Regional Transport Office (RTO).

The Transport Department had already fined 2,490 unauthorised private buses, of the 6,500 buses inspected in the State from April 1, 2012 to June 30, 2013.
The department collected Rs 32.35 lakh by way of penalties, Reddy said.

Go to Top

Photo Gallery
A major fire that broke out in the crackers market in Faridabad...

A major fire that broke out in the crackers market in Faridabad...

On the eve of Diwali Renowned sand artist Sudarsan Pattnaik created a sand sculpture of Kali...

On the eve of Diwali Renowned sand artist Sudarsan Pattnaik created a sand sculpture of Kali...

Indian passengers rest on a crowded platform ahead of Diwali, the Hindu festival of lights...

Indian passengers rest on a crowded platform ahead of Diwali, the Hindu festival of lights...

Indian soccer player Peter Biaksangzuala, center, performs flips as he celebrates a goal...

Indian soccer player Peter Biaksangzuala, center, performs flips as he celebrates a goal...

Woman buying earthen lamps at a market ahead of the Diwali festival...

Woman buying earthen lamps at a market ahead of the Diwali festival...

School children paint their faces during Diwali celebrations...

School children paint their faces during Diwali celebrations...

A huge rangoli in front of Swaminarayan Temple...

A huge rangoli in front of Swaminarayan Temple...

Volunteers of Azad Hind taking out a procession to mark the Azad Hind Foundation Day...

Volunteers of Azad Hind taking out a procession to mark the Azad Hind Foundation Day...

Family members paying tribute to police martyrs during Police Commemoration Day...

Family members paying tribute to police martyrs during Police Commemoration Day...

TRS activists set affire chairs at the TDP office in Nalgonda...

TRS activists set affire chairs at the TDP office in Nalgonda...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bangalore - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523