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KSRTC incurs loss of Rs 182 crore due to coronavirus lockdown

  •   Sat, Apr 11 2020 10:11:51 AM

Daijiworld Media Network - Bengaluru (MS)

Bengaluru, Apr 11: Karnataka State Road Transport Corporation (KSRTC) has incurred a revenue loss of more than Rs 182 crore within a month of announcing of the lock down.

More than 8,000 luxury buses of KSRTC ply to various parts of the country every day. But due to the stoppage of premium (luxury) category of buses from March 1 in 10 divisions, the organization has lost Rs 37.28 crore till April 7. In addition, the corporation has lost Rs 144 crore revenue in the non-premium sector of the organization in 16 depots.

Compared to other parts of the state KSRTC has incurred maximum loss in the coastal region. From the Mangaluru division more than 350 buses ply to various parts of the state and other states too. From Puttur division more than 560 buses operate every day. Due to the stoppage of operations the loss incurred in just two division of Mangaluru and Puttur is Rs 25.36 crore.

KSRTC has 83 depots throughout the state of Karnataka and has 17 divisions. During normal working days, 8,603 buses ply from the 166 bus stations in the state covering a distance of 29.20 lac km bringing in a revenue of Rs 8.90 crore to the corporation.

At present, KSRTC is running just 16 buses in the state for emergency services like medical, transportation of police personnel, para medical staff and staff of city corporations and government departments.

 
  

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Comment on this article

  • Pinto, MANGALORE

    Sun, Apr 12 2020

    We travel in buses which break down on the ghat section... Tyres burst and passengers life's r at risk .. I think ksrtc should inprove quality of buses... And tools should b provided in all buses...,. And all of us are incurring loses.... There is no pain without gain

    DisAgree Agree [1] Reply Report Abuse

  • smr, Karkala

    Sat, Apr 11 2020

    Considering the BJP's 'Operation Kamala' to buy opposition MLA's and reelection cost, this losses to the ruling BJP government is nothing.

    As the contingency plan used the old buses as spares for the operational buses. Use the lock down time to sterilize the cabin of the buses so that passengers feel safe when the normalcy returns.

    Jai Hind

    DisAgree Agree [3] Reply Report Abuse

  • Ronald D, Udupi

    Sat, Apr 11 2020

    Sure, they could have bought another 80 luxury buses replacing aged ones! Will it stop buying MLA s or would result in kalape kamagari to make up? Thus more burden on all kinds of road transportation? However we need power!

    DisAgree [1] Agree [3] Reply Report Abuse

  • Evans C. Sumitra, Udupi/ New York, USA.

    Sat, Apr 11 2020

    This loss of 182 crores is indeed terrible. It is not only KSRTC but the people all over world have lost more than that in some way or the other. This coronavirus and the lockdown following that has shattered the economy and it is hard to stabilize soon. Many people have been killed, many are being treated, thousands and thousands have become jobless with no money to make two ends meet. We can just pray to God. STAY HOME and BE SAVE as that is the best medicine so far.

    DisAgree [1] Agree [13] Reply Report Abuse

  • Mohammed ismail, U S A

    Sat, Apr 11 2020

    KSRTC always showing loss only. If 2 passenger booked in the bus there is no loss. Some time 50 passenger travel in one trip in that whole income is getting in one trip

    DisAgree [1] Agree [12] Reply Report Abuse

  • J.F D SOUZA, Attavar, Mangalore

    Sat, Apr 11 2020

    Even otherwise it is running under loss. But what about the labour class people who have no money for their liveihood. They are suffering very badly.

    DisAgree Agree [20] Reply Report Abuse

  • Sahil, Mangaluru

    Sat, Apr 11 2020

    Hope again we don't want to allocate money for horse trading.. Just consider it as a provision....

    DisAgree [5] Agree [12] Reply Report Abuse

  • Nithin, Bangalore/SA

    Sat, Apr 11 2020

    When KSRTC buses were running throughout the year were we told whats the profit made ???

    DisAgree [2] Agree [24] Reply Report Abuse

  • Sandeep, Mangalore

    Sat, Apr 11 2020

    Not the right time to estimate losses. Stopping the services has saved life of many whose worth cannot be estimated. Economy Aside, Humanity Aside..

    DisAgree [4] Agree [18] Reply Report Abuse

  • Sandeep, Mangalore

    Sat, Apr 11 2020

    Not the right time to estimate losses. Stopping the services has saved life of many whose worth cannot be estimated. Economy Aside, Humanity Aside..

    DisAgree [2] Agree [7] Reply Report Abuse

  • Alwin, Mangalore

    Sat, Apr 11 2020

    What is the value of life lost for ever. Ksrtc lost not providing services

    DisAgree [2] Agree [9] Reply Report Abuse

  • VISHUKIRAN FERNANDES, Kalasa

    Sat, Apr 11 2020

    Not only KSRTC, all are facing loss .....only Mother Nature is gaining by getting a break from human intervention.

    DisAgree [1] Agree [29] Reply Report Abuse

  • Deshbhakht, Mangalore

    Sat, Apr 11 2020

    Estimates of loss from each and every organization, public and private, is yet to come out.

    Lucky are the ones who sit at home and yet, their salary is credited to their account.

    DisAgree [3] Agree [19] Reply Report Abuse


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