‘Govt. policy is to help RTC; ₹6,000 cr. given in 5 years’
The government has expressed willingness to form an independent society under it instead of floating a legally independent company, KSRTC-SWIFT, for operating long-distance buses under the proposed restructure of the Kerala State Road Transport Corporation (KSRTC).
The offer to form the society was extended by Finance Minister T.M. Thomas Isaac on Friday to win over the three recognised trade unions of Indian National Trade Union Congress (INTUC), Centre of Indian Trade Unions (CITU) and Bharatiya Mazdoor Sangh (BMS) that are opposing the formation of the independent company.
At the talks in the presence of Transport Minister A.K. Saseendran and KSRTC Chairman and Managing Director Biju Prabhakar in the Secretariat here, Dr. Isaac said the formation of the society was the alternative that the government could offer.