The conundrum relating to pension payment in ksrtc continues to haunt
the government . Now the government says it cannot take over the
responsibility and ksrtc should find its own resources to meet the
liability. However nobody answers the following questions on this.
What
had the ksrtc done to build up the funds for meeting the liability to
pay pension. Was a pension fund ever created by it and how the funds
were utilised?
Is ksrtc run as a profit making organisation and if yes what happens with the profits?
If the ksrtc is run as a social obligation utility does the government subsidise it and pay the subsidy regularly.
What
is the amount owed by the government to ksrtc on account of the various
free journeys allowed by ksrtc to government officials etc.
How
the banks consider the request of the ksrtc for further loans even to
pay salaries? How do they work out the repayment capacity of a loss
making organisation? Many ksrtc depots are reportedly mortgaged to banks
for obtaining loans on various occasions. What is the enforceability of
such mortgages and recovering the dues by banks?
On
the whole it can be seen that the entire issue revolves around a
vicious circle and unless some drastic measures are taken by the
government which have to be supported by the employees irrespective of
political affiliations, the future of the service will be murkier only,
without any solution to the problems faced by it. Hope all concerned
will rise to the occasion and do a brain storming.
No comments:
Post a Comment