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COVID-19 lockdown: KSRTC sufferes Rs 816 cr loss
Team Udayavani, Apr 22, 2020, 4:31 PM IST
Bengaluru: It is estimated that the Karnataka State Road Transport Corporation (KSTRC) has incurred a loss of Rs 816.23 crore due to the lockdown.
All forms of public transportation in the State are shut down due to the lockdown. Four corporations that fall under KSRTC have suffered heavy losses.
KSRTC has lost Rs 314.89 crore, Northwest Karnataka State Transport Corporation Rs 172.00 crore, Northeast Karnataka State Transport Corporation Rs 180.00 crore and Bengaluru Metropolitan Transport Corporation Rs 149.34 crore.
If the lockdown continues beyond May 3 then the Transport Corporations will suffer further financial damages.
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Karnataka HC adjourns POCSO case against ex-CM Yediyurappa for a week
Heavy rain: School holiday on Saturday in Dharwad and Belagavi except Ramdurg
CBI busts cyber crime network operating from Gurugram; 43 arrested
Shalini Rajneesh to be new Chief Secretary of Karnataka
Salman residence firing: NBW issued against Lawrence Bishnoi’s brother
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