Karnataka Congress MLA Flags 900 Crore Fund Crunch In Free Bus Travel Scheme #NDTV

According to Kage, the corporation is struggling to break even and urged the government to release the pending funds.

“We are not making profits. We are struggling and trying to reach a stage where we can be profitable. We have to get about 900 crore from the government for the Shakti scheme. If we receive this money, we will break even. We haven’t received this payment since the scheme was implemented about two years ago. The government pays about 70 per cent and holds 30 per cent of the payments. Once this is cleared, we will be in a no-loss, no-profit situation. We have already brought this to the notice of the Chief Minister and the Transport Minister, and we hope to resolve this soon,” he said.

#Karnataka #KarnatakaCongress #FreeBusTravelScheme

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