business ๐ Four Karnataka transport bodies losing big bucks
Karnataka's four State-run transport corporations are collectively facing substantial financial losses of around โน8,000 crore. Transport Minister Byrathi Suresh revealed this in the Legislative Council on Thursday, addressing financial struggles. Despite four hikes in diesel prices, ticket fares in BMTC, KSRTC, KKRTC, and KSRTC-NW have remained unchanged. The Minister mentioned that they are currently struggling even to pay the salaries of their existing employees. He plans to soon meet Chief Minister D.K. Shivakumar to discuss these serious operational issues. ๐