We all know from last two months our largest and one of the oldest state owned corporation is struggling to get a breath which was already struggling with its own financial crisis, it was due to the implimentation of Central government policy to cancel the subsidy element on the diesel provided to all the major purchasers. Additional burden on corporation is around 17 Cr per month.. This is not the problem of KSRTC only and all the States including Congress led states are against it..No state has come up with a permanent solution yet because bus rate can't be increased, diesel cant be filled from private pumps credit given by gvt oil companies are huge, tax element of states can be avoided it will ultimately affects the State Govt itself..Today I felt to write something abouth this is bcz,,pension to the KSRTC employees was not given for last month. one x- employee already committed suicide. Difference between other employees who does office work and these people are they are doing physical work for many years day and night and their pension is only between 3000-10000 in most cases and there are 37000 families dependend on them.
The most striking part of this policy which I am unable to understand is that in which school of commerce a bulk purchaser is charged more!!and most of the entities affected by it are Govt undertakings which provide direct service to society like Railway,Various RTC's, NTPC etc..is the govt is trying to stop the operations of already struggling entities to implement their complete privatisation?
If they are trying to help the people by reducing the fiscal deficit by this means..it will ultimately lead to inflation right which will affect the common people..in large..sorry..Since our ecnomist and planning commission is making decisions on the basis of GDP,Sensex, Forien Currency rate and most of them travel in Private cars and in airlines..rest will have to wait and watch..I think in the case of our country an old saying is right "People will get rulers which they deserve" so all of us can wait and watch until we have no option but to get into the streets..