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Kerala
Welcomes move to issue title deeds for land in possession Seeks curbs on private inter-State services KASARAGOD: The Kerala State Road Transport Corporation (KSRTC) will turn profitable in the near future, KSRT Employees’ Association State general secretary T.K. Rajan has said. As a result of the innovative polices being implemented by the State government, in the last four months, the losses of the corporation had been reduced to Rs.12 crore per month from the earlier Rs.20 crore, he told presspersons here on Sunday. The association also welcomed the aid declared for KSRTC and termed it an example of the Left front’s policy towards public sector units. With the cooperation of the employees, the corporation could save Rs.12 crore in terms of fuel charges during the period, Mr. Rajan said. This was possible by effecting changes in the driving style, he said. This apart, the corporation owned seven tanker lorries to bring fuel to its diesel pumps and it had helped in ensuring the availability of quality fuel at the pumps of the corporation and avoid delay in transportation, noted Mr. Rajan. He said the KSRTC had in its possession a total of 586 acres of land in the State and the decision of the government to provide title deeds to the corporation would enlarge its capital. Considering the market value of the land, the corporation’s assets were likely to increase considerably following the decision, he added. When the work on the proposed commercial complexes on KSRTC land gets over, it would ensure an annual non-ticket revenue of Rs.90 crore to the KSRTC annually, he said. He pointed out that the Malabar series of buses, in the northern districts of the State, were highly profitable. On an average, the buses had a collection of Rs.9000 a day, he said. The corporation had formed monitoring committees in all districts to ensure steady collection. The spare parts purchase has been centralised. He informed that the KSRTC stations in the State were being connected through a computer network. Mr. Rajan noted that a large number of inter-State bus services were being illegally run by private operators. This was affecting the profitability of the corporation, he said. As a step aimed at ensuring profitability, the KSRTC had decided to introduce new buses only in those routes where collection per kilometre was not less than 20 rupees, he said.
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