Over 1.three lakh employees of state-run highway transport companies can lastly heave a sigh of aid as the federal government has promised to launch Rs 961 crore for a four-month window. The grant is probably going to assist all of the 4 companies — whose main source of income vanished attributable to Covid — pay salaries to the employees on time.
Four transport companies together with Karnataka State Road Transport Corporation (KSRTC) and Bangalore Metropolitan Transport Corporation (BMTC) want roughly about Rs 350 crore a month to pay salaries to their employees. The transport utilities are fully depending on the federal government’s monetary backing ever for the reason that lockdown introduced down the income to virtually nothing.
On Friday, the federal government promised to launch Rs 961 crore in 4 installments which is able to assist companies together with the KSRTC and BMTC pay salaries until September. The authorities had provided to increase monetary salaries since May by releasing a complete of Rs 426 crore.
Many employees have been ready for the wage of June which was not credited to date. “We have not received the salary yet. Many of my colleagues have started borrowing from lenders by paying a high interest,” a junior BMTC conductor said.
While a trainee workers will get about Rs 15,000 a month, senior crew of KSRTC and BMTC with about 20 years of service earn about Rs 50,000 a month. Although these companies have free lodging facility for their workers, many choose to dwell in rented homes attributable to lack of normal upkeep of residing quarters.
Shivayogi Kalasad, KSRTC Managing Director said salaries for the month of June shall be paid in a day’s time.
Union chief HV Ananth Subbarao urged the federal government to make budgetary allocations to all 4 transport companies each year. “When the buses were running full, the drivers and conductors used to get incentives of 2% of the daily collection, provided they worked for 22 days a month,” he said.