Thursday, June 26, 2008

Profit & Loss Account - Kerala

The New Indian Express reports that a whopping Rs 264 crore is the loss that the KSRTC has suffered because of the hartals in the past two years.According to the figures presented in the Assembly, KSRTC buses had to remain in depots for 88 days owing to hartals. Not plying for a day means a loss of Rs 2.60 crore daily.But if you count the day previous to the hartal and the day that follows (a one-day hartal usually affects the services for a total of three days), this loss can be compounded as Rs 3 crore. True, languishing in the depots save diesel for the the KSRTC fleet, but that too would be a total of only Rs 50 lakh a day.

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