KSRTC Allocates ₹84 Cr for Employee Benefits

Karnataka State Road Transport Corporation (KSRTC) disburses ₹84 crore for employee benefits including inflation allowance, leave encashment, and gratuity, as directed by Transport Minister Ramalinga Reddy. ₹24 crore is allocated for leave encashment for retired employees of 2022-23, with additional amounts for inflation allowance payments spanning from July 2022 to October 2023. Moreover, ₹6 crore is released for gratuity payments to retired employees in January 2024. KSRTC also wins ASRTU National Public Transport Excellence Award for Image Building Initiatives and Employee Welfare Productivity.

Get NewsPepper Short News App from Play Store

Share:

Related: