Plans Afoot to Set up Urban Transport Corporation in City.

Plans are afoot to set up the Kerala Urban Transport Corporation, a subsidiary of the KSRTC, in Ernakulam. It will give a big boost to the KSRTC, said Transport Minister Thiruvanchoor Radhakrishnan.

He was speaking after laying the foundation stone of the new garage and administrative block at the Ernakulam bus stand the other day.

He said that steps would be taken to construct a shopping-complex-cum-bus stand, on BOT basis, on the premises of the existing Ernakulam bus stand, which is the oldest KSRTC bus depot in the State.

'Construction of the garage and administrative block is expected to be completed within six months. Once the administrative block is completed, the officers could be shifted to the new premises. The existing KSRTC bus stand will be demolished to make way for the high-tech complex,' he said.The minister said that there was an improvement in the daily collection of the KSRTC in the past week.

'Due to our concerted efforts, the KSRTC could record a collection of Rs. 5.54 crore during the week, compared to Rs. 4.5 crore recorded six months ago. We have set a daily collection goal of Rs. 7 crore. If this target is achieved it would imply that the KSRTC has emerged from its financial crisis,' he said.


THE NEW INDIAN EXPRESS