Business Standard
Wednesday, May 30, 2012
Sponsored by  
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||||Economy & Policy||||| 
 Section Home | News Now | Today's Paper | Features & Analysis | Politics & Public Affairs | Q&A | Columnists | BS Says
Home > Economy & Policy Live Markets | Commodities
 

KSRTC employees to get 6 per cent wage hike
BS Reporter / Chennai/ Bangalore Dec 15, 2008, 00:06 IST

New Volvo buses to ply on Mangalore-Manipal route.

Karnataka government has approved a 6 per cent wage hike for employees of Karnataka State Road Transport Corporation (KSRTC) and other public transport corporations in the state with retrospective effect from April this year. The arrears will be paid by way of cash, state transport minister R Ashok said.

 
Addressing reporters here he said, “After nearly four years wage hike has been effected to KSRTC and other corporations’ employees in the state. There are in all one lakh employees. The hike in wages will result in a financial burden of Rs 386 crore to the government.”

The transport department has also approved Bangalore Metropolitan Transport Corporation (BMTC) request for buying 380 ordinary buses to be deployed in Bangalore city.

“The ordinary buses are being bought through open e-tender which will be called shortly. BMTC has set a budget of Rs 8 lakh per bus. Approval for buying another 400 buses in phase II has also been cleared,” said Ashok.

A trial run to introduce Volvo buses in coastal districts of Dakshina Kannada, Udupi and Uttara Kannada is being chalked out. The KSRTC is planning to introduce Volvo bus service between Mangalore and Manipal - a distance of 65 kilometers on trial basis.

Ashok said, “By introducing Volvo buses, we are sending a tough message that government means business and will not be releasing nationalised bus routes allotted to KSRTC to private bus operators.” “As a step towards this, we are planning to introduce 10 low chassis Volvo buses, a similar model is operated in Bangalore. For this, BMTC will buy new buses and loan it to KSRTC to operate the Mangalore and Manipal route,” he added.

KSRTC board has approved beefing up security at Kempegowda Bus Station (Majestic Bus Stand) and other key bus stations like Jayanagar, Shivajinagar, Shantinagar, Satellite Bus Station on Mysore road in the wake of terrorist attacks.

“The board has approved setting up of an exclusive police station at KBS to handle travel, crime and other law and order issues. We will recruit 153 security personnel to be deployed at all the bus stations in Bangalore city,” Ashok said.

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Markets end lower ahead of May F&O expiry
- Rupee closes at new low of 56.24
- Wall Street opens 1% lower on Europe
- Shashi Ruia steps down from board of Essar Ports
- Sebi allows firms listed on RSEs to migrate to main bourses
  Read Business news in 
- India's no. 1 Property Site. Click here to know more
- Journey on, We are by Your Side. Click here to know more
- Help a Child Achieve her. Click to know more
- Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol.
- The Best Seller is Also the No. 1 in Mileage. Click here
- Watch The Film Here. Click here to know more..
- Leader in Passenger Car & Automobile Tyres. Click here
- Learn How One City is Running on FOOD SCRAPS.
- 1 billion in saving for Unilever without any tangles.
- One Partnership Endless Possibilities. Click here to know more
- Helping doctors detect diseases earlier, saving costs & extending lives.
- 36 Lakhs can get you a pool of Luxuries. Click here
- Which is the best plan for your daughter
- Check out the TRUE COLOURS of your Stocks, Now for FREE!
- One of the leading business schools in the world.Know More
- 2 Lac Apartments, 1 Lac House / Plots. Click here
Sorry, comments to this story are closed
Latest Messages
Table for Two
  Now available at Special price
  Rs.280/- Only

  Buy Now
BS POLL
UPA 2 has completed three years. How do you rate its performance?  Read the story
  Good
  Average
  Bad
Submit
Most Popular
Read
E-Mailed
Commented
   
- Striking Air India pilots have no rights to be trained: HC
- SBI to rework structure in circles
- KBC 6 gets record registrations
- UPDATE: NDA calls for Bharat Bandh on May 31
- Foreign investor norms eased to accelerate capital inflows
 
 More  
New Ipad Application
 Business Standard's all new IPad  App
 Click here to download for free
  Hot Searches  
 
Apalya |  Air India |  GAAR |  Agni  |  Solar eclipse |  Satyamev Jayate |  SRK |  Aamir Khan |  IPL |  Ertiga |  Sarfaesi Act |  Vodafone |  JP Morgan |  Transfer pricing |  Rupee |  Kingfisher Airlines |  Silver |  Provident Fund |  income tax refund |  iPhone |  Reliance Industries |  SEBI |  BSNL |  BSE |  NSE |  Mukesh Ambani |  Anil Ambani |  Infosys |  Pranab Mukherjee |  Sonia Gandhi |  Rahul Gandhi |  New Pension Scheme |  Reliance |  RBI |  GDP |  Gold |  Ratan Tata |  ICICI |  B-School |  Sensex |  Tax calculator |  Home Loan |  Personal Finance |  inflation |  oil prices |  Barack Obama |   
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World | General News
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us