The Left Democratic Front (LDF) government has provided ₹9,427 crore to the ailing Kerala State Road Transport Corporation (KSRTC) in the past seven years, Finance Minister K. N. Balagopal informed the Assembly on Monday.
In his reply to the discussion on the supplementary demands for grants, Mr. Balagopal said the LDF government which was in power during 2016-2021 had provided a little over ₹4,900 crore to the KSRTC. The present LDF government provided ₹2,124 crore in 2021-22, ₹1,498 crore in 2022-23 and ₹879 crore so far in 2023-24.
To compare, the KSRTC received only ₹1,543 crore in the five years from 2011 to 2016 when the Oommen Chandy-led United Democratic Front (UDF) government was in power, he said.