Its first commercial complex opened at Kottarakara
KOLLAM: Chief Minister V.S. Achuthanandan has said that reviving the Kerala State Road Transport Corporation (KSRTC), which was a white elephant, was one of the many achievements of the four-year rule of the Left Democratic Front.
He was inaugurating the first commercial complex of the KSRTC at Kottarakara, near here, on Friday. Mr. Achuthanandan said the KSRTC was fast becoming self-reliant and would soon carry on without financial support from the government.
He said the LDF government had implemented a revival package for KSRTC using which the corporation had bought 2,023 buses in the past four years. It resulted in the introduction of 1,014 new schedules, enabling recruitment of almost 15,000 people through the Public Service Commission, he said.
Since the buses were purchased through the open tender system, the KSRTC could save more than Rs.1.5 lakh on each bus. Thrust on fuel efficiency further enabled the corporation to make handsome reductions on operational costs. During the past four years, the KSRTC's share of transport bus service in the State rose from 13 per cent to 27 per cent, he said.
Mr. Achuthanandan said the State government had spent Rs.403 crore on the corporation. Now, it is time for the KSRTC to stand on its own. Building of commercial complexes at 59 select KSRTC stations where excess land was available was one of the measures being taken to make it self-sufficient. Construction of terminal-cum-commercial complex at Thiruvananthapuram and Kozhikode and an eight-storey commercial complex at Angamali were under way, he said.