Latest updates. It became 18.2 percent of the revenue the next year. The Kerala State Road Transport Corporation (KSRTC), continues to be the top loss-making public sector undertaking (PSU), its losses amounts to whopping 508.22 crores. Kerala State Road Transport Corporation (KSRTC ) is a state-owned road transport corporation in the Indian state of Kerala.It is one of the country's oldest state-run public bus transport services. In light of this background, Kerala has recently claimed that the Trade Marks Registry in its 'verdict' has given them the right to use the abbreviation KSRTC, the emblem as well as the nickname 'Anavandi', In . From Calicut from morning 4.00am to 11.45pm night,bus services are available to Thiruvambady." Think about it. Kerala purportedly commenced use of the acronym/abbreviation in 1965 whereas Karnataka commenced use of the same in 1974. Thiruvananthapuram: Kerala State Transport Corporation (KSRTC) has suffered a loss of over Rs 30 lakh from the attacks against its buses during the statewide dawn-to-dusk hartal called by Popular . Thiruvananthapuram. "KSRTC can now be used only for Kerala and therefore, a notice will be sent to Karnataka soon," said Biju Prabhakar, Kerala RTC MD and Transport Secretary. This made Karnataka the most profitable state road transport corporation in the country. 680307. Read more What's New view all Announcements KSRTC SWIFT services flagged off. 560? The retirement age of government employees is 56 years at . Capital work in Progress: 124.11: Investments: 0.05: Current Assets, loans and advances facebook; . We have to consider many factors before calculating it. 58/2021/TRANS dated 11/12/2021. The corporation was just able to meet its direct operational expenses, including fuel, spares, maintenance. Thiruvananthapuram: Employees of the Kerala State Road Transport Corporation (KSRTC) will have to compensate for the revenue loss the corporation incurred after a section of them had stayed away from duties on June 26. Scribd is the world's largest social reading and publishing site. KSRTC Puttur divisional controller Nagendra told TOI that the division has not yet calculated the actual loss of profit. The IFSC Code of the branch is ICIC0000754 and its MICR Code is MICR not provided. Call centre No: 08022279954 / 8088304855 / 9380206704 For Door Delivery of Citizen Services click here / Contact Help Desk:sevasindhu@karnataka.gov.in. Thus no state should make this matter a matter of prestige." While it is the correct sentiment, it is surprising for Karnataka to be adopting this stance when it was the one . 30%. This is recorded in the 1992 report of the Association of State Road Transport Undertakings. All buses of the state-run corporation will showcase KSRTC with the mark to indicate the registration. It is divided in three zones, namely South Zone, Central Zone, and North Zone. The managing director of the corporation has issued an order to recover the loss of Rs 9,49,510 from 111 employees, who . 40%. 1. D. 25%. Kerala's claim was approved on Wednesday by the Controller General of Patents Design and Trade Marks under the Ministry of Commerce and Industry. The first Superintendent was Mr E. G. Salter who was Assistant Operating Superintendent of the London Passenger Transport Board. Kerala Explained | 'Kerala Savari', India's first online taxi service as a public option Kerala A dark horse entry bags top CPI(M) post Kerala Onam food kit distribution from Aug. 23 to Sept. 7 Answer: A. The company's average expense of Rs 270.75 crore per month towers over the average monthly income of Rs 169.60 crore. Top 5 profit-making PSUs 1.KSFE (Rs 146.41 crore) 2.Kerala Minerals and Metals (Rs 85.28) 3.Kerala Feeds (Rs 36.07 crore) 4.KSIDC (Rs 26.62 crore) Press J to jump to the feed. Healthcare Ayyappancave , Over time, excess lbs has been the dilemma of individuals not just for many but as well as around turmoil Ignite Drops I. Follow us on . After a seven-year-long dispute with neighboring state Karnataka, the Kerala State Road Transport Corporation says it has got the legal rights to the trademarked-acronym KSRTC- with the logo of. KSRTC is one of the few State road transport units in India which are in profit and run like professional organisations KSRTC (Karnataka State Road Transport Corporation) offers the best services compared to Public transport of other Southern States. The corporation is divided into three zones (South, Central and North), and its headquarters is in the state capital Thiruvananthapuram.Daily scheduled service has increased from 1,200,000 . Consider this route and its timings (obtained from a KSRTC blog): "Calicut,Thamarassery,Mukkam and Anakampoyil (frequently b/w 20 minutes). Chhath Puja 2022: Northeast Frontier Railway to run special trains to cater high demand To cater the high demand during Chhath Puja, the Northeast Frontier. 78 votes, 31 comments. A collision between the motorcycle and a car happened around 7 p.m. on Route 202 near the intersection with Gore Road. On the other hand, Kerala RTC had a loss of 193.8 crore in 1989-90 financial year. As per the report, the KSRTC had an accumulated loss of `8,031.56 crore in 2016-17. RELATED NEWS The Kerala State Electricity Board List, which topped the list of loss-making units in 2019-20, ended second behind KSRTC with a loss of Rs 1,822.35 crore. Service Hours Service Hours of the Reservation Counters Inside Kerala : . Given below are some Profit and Loss Problems which might appear in the Kerala PSC exam. The average earnings per kilometer (EPKM) works out to round about Rupees 37.71 and the average earinings per bus (EPB) works out to Rupees 12688. For the first time in 25 years, the 31,270 personnel and 3,926 empanelled staff on the rolls in the Kerala State Road Transport Corporation (KSRTC) is to get the monthly salary from the 90. We and our partners store and/or access information on a device, such as cookies and process personal data, such as unique identifiers and standard information sent by a device for personalised ads and content, ad and content measurement, and audience insights, as well as to develop and improve products. If the profit . 78. A quick look at the figures and comparisons of the huge institution, K.S.R.T.C will show the fact that K.S.R.T.C is one of the most essential institutions that constitute a major share in the financial market of the state. . This was in the pre-COVID days, and yet KSRTC was running on an irreparable loss of 508.22 crores. The CHALAKUDY branch of ICICI BANK LIMITED is located in the TRISSUR district of the KERALA State at ICICI BANK LTD, DR. PULLANS BUILDING , KSRTC ROAD, CHALAKUDY, THRISSUR DIST. of Kerala, vide GO (Ms) No. However, unions are claiming that the strike was inevitable as the authorities had been ignoring their demands for so long. 1 min read. "We still have confusion over the calculation of loss. KSRTC. Profit and Loss Problems for Kerala PSC. Considering the revenue generated on the eve of the strike, KSRTC will incur a loss of nearly Rs 9 crore due to the strike. We will look at the manufacturer's claims and see if the capabilities of the ingredients correlate well with weight loss. In the past year KSRTC is having a profit of 1900crore whereas loss of more than 2200crore. The retirement age in some state PSUs is 60 and while for some it is 58 years. Karnataka or Kerala are working towards the interests and service of the public without resorting to profit or competition. KSRTC - Karnataka State Road Transport Corporation, ksrtc.in. A. KSRTC Logos used by Kerala and Karnataka . We'll also look at other important factors, such as the cost of using K3 Spark Mineral and the difficulty of getting a refund if the product doesn't work. The battle over the legal custody of the acronym resurfaced after Kerala on Wednesday claimed that it has won the battle for KSRTC, which has been in use for both Karnataka and Kerala state. 35 ., KSRTC electric bus city ride makes profit drupal twig loop through entity reference field audi mmi buttons not working audi mmi buttons not working Found the internet! These buses will be provided for a maximum of 2,500 kilometres after which, Kerala. The report recommended to make it uniform (60 years). 74 . The OMCs decision to increase price of bulk purchase of diesel would result in an approximate accumulated loss of around Rs 83 lakh per day for the KSRTC, the petition claimed. 28 October 2022, 08:47 PM IST. This Must be presented when requested by the conductor. According to the statistics, KSRTC (Kerala) suffered a loss of over Rs 105 crore due to free rides for students and Rs 120.79 crore due to free rides of the others. Press question mark to learn the rest of the keyboard shortcuts . KSRTC-SWIFT services flagged off About KSRTC SWIFT KSRTC SWIFT LIMITED is a company incorporated by Govt. Explanation: Profit% = Profit / Purchase Price x 100. The total loss of the 58 PSUs in the state amounts to 889 crores. Kerala Transport Minister Antony Raju's office issued a press statement said the then Kerala CMD approached the Registrar of Trademarks and they have now issued a favourable order. "The increase in the price of diesel to the KSRTC alone will force them to take a decision to cancel the schedules to manage the cost of services. The Controller General of Patents Design and Trade Marks approved Kerala's claim making Kerala RTC the sole owner of the three trademarks the name KSRTC, the logo of two elephants and the . This company is registered under the Indian Companies Act. The average earnings per kilometre (EPKM) is around 37.71 and the average earnings per bus (EPB) comes around 12,688. Kerala Rtc Ksrtc Ksrtc Bus Ksrtc City Circular KERALA . Statistics The gigantic difference in the official figures of 1965, 2008, 2012, 2013, 2014, 2015, 2016, 2017 are very interesting to see, here below are a few of the comparisons: One being running routes and times that are not profitable, mostly for welfare of the people. A subreddit for anything related to Kerala (), a state in the south-west of India. - 50 PSUs make profit - CAG recommends restructuring of 15 public sector undertakings. According to the transport . Ernakulam_06.00 Hrs to 22.00 Hrs Ernakulam_Vytilla Hub 13.00 Hrs to 2100 Hrs Guruvayoor_0900 Hrs to 1700 Hrs Kalpetta_0800 Hrs to 1900 Hrs Kasargode_0800 Hrs to 19.30 Hrs Kozhikode_06.00 Hrs to 22.00 Hrs Kerala State Road Transport Corporation, also known as KSRTC was founded on 1937 with an aim to reorganize the state's transport service. These services can be run on most Volvo routes, Interstate mainly and also on important intra-state routes. What is the profit percentage if you buy for Rs. KSRTC: A Loss-making Business According to the 2019 data from the official KSRTC website, KSRTC has 5526 schedules and 5662 buses. As per a statement by Kerala RTC, Supplyco will be provided with five buses for a monthly rent of Rs 1,25,000. Thiruvananthapuram: The 10 electric buses rented by the Kerala State Road Transport Corporation (KSRTC) are incurring huge loss. However, he said the division has lost Rs 32 crore in terms of its collection in two months. On Friday, KSRTC chairman K Gopala Poojary said the corporation has managed to achieve this turnaround despite an increase in operational costs.The transport utility had in 2015-16 announced a. And this is our community of learners and archivists and preservationists and activists who want to collaborate with us on not just capturing the big, most well-known freedom colonies or freedmen's towns, but really hundreds of. view all Public Utility Services Tourism 400 and sell for Rs. Thiruvananthapuram: KSRTC (Kerala State Road Transport Corporation) MD Tomin J. Thachankary has submitted a report to the government pointing out that the corporation can earn a profit of upto Rs 653.24 crore per year in the present condition by merging Thiruvananthapuram: Transport Minister Antony Raju has expressed hope about the revival of KSRTC after examining major improvements in its revenue. Stay updated with the latest news headlines and all the latest Kerala news download Indian Express Malayalam App. June 3, 2022 in Regional In a scathing attack on KSRTC the state-owned road transport corporation of Kerala which is on the verge of collapse, the High Court has said that it is discriminatory for top officials in KSRTC to take salaries without paying ordinary employees. ksrtcs city circular service makes profit electric bus ; . C. 50%. KSRTC can utilize the same body structure of the rear engined non-AC bus used to make the Superfasts but with only one door, wider 2 x 2 seating with lumbar support (semi-sleeper) and 160 degrees reclination (full push back). The registration will make Kerala RTC the lone custodian of the trademarks. This loss is huge for the KSRTC, which has been depending on the government for everything. In two days, KSRTC's electric bus ride makes Rs 14,000 profit. Aug. 29A motorcycle driver and passenger were taken to Maine Medical Center on Sunday evening with serious injuries after a crash in the York County town of Alfred. According to KSRTC each bus incurs a loss of Rs 7,140 per day. Kerala Lottery Result, Kerala Lottery Result Fifty Fifty FF-22: - . For Super class services, bus stops only at allotted points. Riding high on the recently inducted electric buses, the city circular bus service of the Kerala State Road Transport Corporation (KSRTC) has started registering profit. B. 108k members in the Kerala community. The working hours of the CHALAKUDY branch of ICICI BANK LIMITED are Monday to . "Bottomland" people called it near flood- prone areas often because that was the land that was available. . . Customer Support Helpline Online Reservation 0471 - 2463799 0471- 2471011 ext 238, 290 094470 71 021 rsnksrtc@kerala.gov.in Customer Relations: cr.ksrtc@kerala.gov.in Social Media Cell 8129562972