Karnataka State Road Transport Corporation Drowning In Debt Two Years After Announcement Of Free Bus Ride Scheme For Women

KSRTC
Photo courtesy: Hindu Post

“Facing a severe financial crunch, the Karnataka State Road Corporation (KSRTC) is seeking a bank loan of about Rs 624 crore to clear its arrears including statutory dues like provident fund (PF) and fuel payments. According to a report of the Moneycontrol, the KSRTC has invited an expression of interest from financial institutions and commercial banks.


Read more at: https://hindupost.in/politics/karnataka-state-road-transport-corporation-drowning-in-debt-two-years-after-announcement-of-free-bus-ride-scheme-for-women/

 

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  • 11 Feb 2025
  • WerIndia

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