Thiruvananthapuram: Seeking to save Kerala State Road Transport Corporation, hit by a Supreme Court ruling against providing subsidised diesel to "bulk consumers", the state government yesterday decided to hand over diesel pumps under the Corporation to State Civil Supplies Corporation.
The cabinet also sanctioned Rs 10 crore as an emergency relief to maintain its services.
The decision to lease 67 diesel filling units of KSRTC to Supplyco is based on the advice that the latter will be able to provide fuel to KSRTC at the subsidised rates without being hindered by the apex court order.
Briefing reporters, Mr Chandy said the government would have to go through some legal procedures and obtain certain clearances to carry out the proposal.
The apex court's decision has forced KSRTC to pay Rs 71.25 for a litre of diesel in place of Rs 53.85 it had been paying earlier as subsidised rate.
The cabinet also sanctioned Rs 10 crore as an emergency relief to maintain its services.
The decision to lease 67 diesel filling units of KSRTC to Supplyco is based on the advice that the latter will be able to provide fuel to KSRTC at the subsidised rates without being hindered by the apex court order.
Briefing reporters, Mr Chandy said the government would have to go through some legal procedures and obtain certain clearances to carry out the proposal.
Advertisement
The apex court's decision has forced KSRTC to pay Rs 71.25 for a litre of diesel in place of Rs 53.85 it had been paying earlier as subsidised rate.
Advertisement
COMMENTS
Advertisement
Nitin Gadkari Assumes Charge As Transport Minister Nitin Gadkari To Stay Transport Minister In Modi 3.0 Doctors Deliver Kerala Woman's Baby Inside Bus, Right Outside Hospital Budget 2024 LIVE Updates: Nirmala Sitharaman's Big Jobs And Tax Announcements In Budget Speech New Tax Regime Slabs Changed, Standard Deduction Up From Rs 50,000 To 75,000 Budget 2024: What Is Cheaper? Pic Of Indian Broom With "Nutrition Facts" Label Leaves Internet Chuckling Bihar And Andhra Pradesh Get Major Funding; Social Media Reacts With Memes New Tax Regime Slabs Changed, Standard Deduction Up From Rs 50,000 To 75,000 Track Latest News Live on NDTV.com and get news updates from India and around the world.