Home Commercial Vehicle MHCVs Payday soon for KSRTC, BMTC employees

Payday soon for KSRTC, BMTC employees

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.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Zap out unwanted hair with Hina Khan’s homemade hard wax; check it out

The actor is right here with a foolproof answer for that unwanted hair. (Photo: Hina Khan/ Instagram)Unwanted hair has been some of the frequent...

Magnum Photos set to review archive after row over images of child sexual exploitation

Magnum Photos web site was quickly down two days in the past. (Source: Magnum Photos)One of the world’s most reputed photo businesses, Magnum Photos...

Disha Patani stuns in this golden eye look, here’s how you can recreate it

This look simply requires 5 straightforward steps. (Photo: Disha Patani/ Instagram, designed by Shambhavi Dutta)Make-up is artwork, however it can also be remedy. A...

Diesel sales drop 19% in first half of August compared to previous month

NEW DELHI: Diesel sales dropped by a fifth in the first half of August compared with a month in the past, signalling prolonged regional...

Media often captures sentiments correctly ahead of monetary policy: RBI study

Media often captures the sentiments correctly ahead of monetary coverage bulletins by the central financial institution, says a study by the Reserve Bank of...

World economy to see 'worst contraction' in 2020; steel demand to fall: Chandrasekaran

NEW DELHI: Steel demand is expected to decline considerably in 2020-21 in line with a projected contraction in the worldwide economy due to the...

Increase number of labs, start forensic study in MBBS: NHRC webinar panellists suggest

Citing “lack” of sufficient number of forensic laboratories and manpower to deal with these amenities, human rights and crime investigation specialists have prompt...

MS Dhoni: Tinker, Tailor, Soldier, Bye

Mahendra Singh Dhoni was digging right into a plate of noodles sitting on the steps of the Eden Gardens foyer. He had simply hit...

Govt may not need to infuse fresh capital in PSU banks this fiscal

New Delhi: The authorities may not have to inject fresh capital into the general public sector banks (PSBs) as one-time mortgage restructuring permitted by...

Ideal love: People weigh in on relationships, intimacy and infidelity

Poster of the 2019 rehashed model of 'Pati Patni Aur Woh' that delved into the topic of infidelity. I used to be simply waking...

LATEST NEWS

Ravi Shankar Prasad says Rahul Gandhi’s attack on RSS, BJP relies on a myth, asks a counter question

Senior BJP chief and Union minister for electronics and knowledge expertise and communications, Ravi Shankar Prasad, on Sunday launched a counter attack on Congress...

Locked for five months, shrines in J-K finally reopen

Some outstanding non secular locations together with shrines opened in Jammu and Kashmir on Sunday for prayers after remaining closed for over five...

India’s Covid-19 death toll hits 50,000 mark

The variety of deaths from the coronavirus illness (Covid-19) in India exceeded 50,000 on Saturday, making it the fourth nation — after the...

Indian Railways to run Ganpati Special trains between Gujarat, Maharashtra

The Indian Railways will run extra Ganpati Special trains in co-ordination with Western Railway and Central Railway between Ahmedabad/Vadodara and Ratnagiri/Kudal/Sawantwadi Road stations...

MS Dhoni: Tinker, Tailor, Soldier, Bye

Mahendra Singh Dhoni was digging right into a plate of noodles sitting on the steps of the Eden Gardens foyer. He had simply hit...

ISL to be held in three venues in Goa: Organisers

All matches of the seventh version of Indian Super League will be held in three venues in Goa, possible in November, amid strict health...

Kevin de Bruyne named Premier League Player of the Season

Manchester City midfielder Kevin De Bruyne was named the Premier League Player of the Season on Sunday, changing into simply the third Belgian to...

Will BCCI retire No.7 jersey with Dhoni? Dinesh Karthik raises demand

Will Mahendra Singh Dhoni’s no.7 jersey comply with him into retirement? A demand has actually been raised and a distinguished voice inside BCCI agrees...