KSRTC to go ahead with SWIFT formation

KSRTC to go ahead with SWIFT formation
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‘New firm essential for getting KIIFB funding’
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The KSRTC-SWIFT will operate the new buses that will be procured with ₹359 crore from the KIIFB.
 
‘New firm essential for getting KIIFB funding’
The Kerala State Road Transport Corporation (KSRTC) will go ahead with forming KSRTC-SWIFT, a legally independent company, for operating long-distance buses despite opposition from trade unions and apprehensions raised by employees.
The stance of the KSRTC management assumes significance even as KSRTC Chairman and Managing Director (CMD) Biju Prabhakar is meeting employees of the State transport undertaking on Monday to take them along while taking forward the initiatives under Restructure 2.0.

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