Fri Jun 27 06:22:34 UTC 2025: **Summary:**
The Kerala government has allocated ₹122 crore to the Kerala State Road Transport Corporation (KSRTC) this month. ₹72 crore is earmarked for pension distribution, and ₹50 crore is for general financial assistance, including overdraft dues. The Left government provided ₹6,523 crore in assistance during its tenure. This fiscal year, ₹900 crore has been allocated, with ₹388 crore already disbursed.
**News Article:**
**Kerala Govt. Grants ₹122 Crore Lifeline to Ailing KSRTC**
THIRUVANANTHAPURAM – The Kerala government has approved a ₹122 crore financial package for the Kerala State Road Transport Corporation (KSRTC), providing a much-needed boost to the struggling public transportation service.
According to sources within the government, ₹72 crore will be directed towards addressing outstanding pension obligations for KSRTC retirees, while the remaining ₹50 crore will be used for general financial assistance, including settling overdraft debts.
This latest allocation is part of a larger ongoing effort to support KSRTC. During the previous Left government’s tenure, the corporation received a total of ₹6,523 crore in state assistance.
The budget for the current fiscal year includes a total allocation of ₹900 crore for KSRTC, with ₹388 crore already made available within the first three months. The government hopes this continued financial support will help KSRTC regain stability and provide reliable service to the people of Kerala.
First Piper 