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date_range 30 Aug 2014 2:59 AM IST Updated On
date_range 30 Aug 2014 2:59 AM ISTPvt operators can ply in non-profitable routes of KSRTC: HC
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Kochi: Private bus operators can ply in non-profitable routes manned by Kerala State Road Transport Corporation, the High Court observed Friday.
Justice C K Abdul Rahim made the oral observation while considering a batch of petitions by former employees seeking pensionary benefits.
The court also said a constructive plan should be brought to restructure the KSRTC.
The state—owned corporation informed the court that its monthly revenue was Rs. 150 crore a month and expenses touched Rs. 239 crore. There was heavy pension liability every month, it said.
The court said it was desirable to permit private operators in non-profitable routes of KSRTC.
KSRTC was also directed to place before the court its restructuring plans by September 19.
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