Thu Jul 17 15:11:14 UTC 2025: Okay, here’s a summary and a news article based on the provided text:
**Summary:**
The Hindu newspaper (published on July 17, 2025) reports that the Kerala state cabinet has decided to waive ₹436.49 crore owed by the Kerala State Road Transport Corporation (KSRTC) to the Kerala Transport Development Finance Corporation (KTDFC). This includes the principal amount, interest, and penalties on KSRTC’s loans. The KTDFC had been attempting to recover these debts. The article also includes standard copyright and commenting guidelines. The text provided also included list of newsletter from the hindu that includes “The View From India”, “First Day First Show News”, “Today’s Cache”, “Science For All”, “Data Point”, “Health Matters”, and “The Hindu On Books”.
**News Article:**
**Kerala Cabinet Waives ₹436 Crore KSRTC Debt**
**THIRUVANANTHAPURAM, July 17, 2025** – In a move aimed at easing the financial burden on the Kerala State Road Transport Corporation (KSRTC), the Kerala state cabinet today approved a complete waiver of ₹436.49 crore owed by the KSRTC to the Kerala Transport Development Finance Corporation (KTDFC).
The debt waiver encompasses the principal amount, accrued interest, and penalties associated with outstanding short-term and long-term loans previously obtained by the KSRTC from the KTDFC.
The KTDFC had been actively pursuing recovery of dues from various debtors, including the KSRTC, and had initiated recovery proceedings. This decision by the cabinet signals a significant intervention to support the struggling transport corporation. The long term effect of the decision is yet to be seen, though it will certainly alleviate pressure on KSRTC in the short-term.
First Piper 