Expert panel to study how RTCs can be made profitable

Sixty drivers get gold medals for accident-free record on the 60th anniversary of KSRTC

The financial woes of road transport corporations (RTCs), which were badly affected by the pandemic, was on the top of everyone’s mind during the 60th anniversary celebrations of the Karnataka State Road Transport Corporation (KSRTC) on Friday. At the function held in the Vidhana Soudha, Chief Minister Basavaraj Bommai said a committee of experts would be set up to conduct a study on the cash-strapped RTCs. It would be tasked with finding solutions to make the transport corporations financially self-reliant and profitable. “There is a need to fix the problems faced by the corporations. The committee will study the problems and come out with proposals to mobilise revenue sources and expansion of the existing networks,” Mr. Bommai said.