Karnataka bus corps in cash crunch: Rs 8,095cr liabilities, Rs 5,648cr Shakti dues

Karnataka’s four road transport corporations are under financial strain, with liabilities reaching ₹8,095 crore and pending reimbursements of ₹5,648 crore. The implementation of the Shakti scheme has aggravated this situation, as reimbursement for free travel has been delayed. With operational losses accumulating, the corporations are struggling to manage salaries, fuel expenses, and maintenance costs. Furthermore, there is a significant manpower shortage of around 15,718 staff across all corporations. 

Leave a Reply

Your email address will not be published. Required fields are marked *

Enquire now

Give us a call or fill in the form below and we will contact you. We endeavor to answer all inquiries within 24 hours on business days.