Royson joseph - Latest News Update, Information, Photos & Videos on Royson joseph at Lokmat Times

Thiruvananthapuram, Feb 12 After two years of the Covid-19 pandemic, the Contract Carriage Owners Association (CCOA) is in dire straits and the news on Saturday is a grieving bus owner in Kochi making his intentions very clear by deciding to sell his remaining 10 luxury buses at Rs 45 for a kilo.Things have been tough for Kochi resident Royson Joseph and prior to the pandemic he had 20 buses of various sizes. Now after two years, he is left with 10 buses."Things have become really tough and me and my family are finding the situation really tough. All my buses have taxes to the tune of Rs 44,000 and insurance of around Rs 88,000 that has to be paid. Last week when the Sunday lockdown was there, even when the rules clearly stipulated that prior booked travel is possible, I was asked to pay a fine of Rs 2,000 by the police during a tourist trip to Kovalam. We are being harassed for no reason and today at the click of a button if the vehicle registration number is punched in by authorities, they can get if our papers are in order, but despite all that, we are being fleeced," Joseph said.CCOA president Binu John said this is not the first time that tourist buses were being sold at a per kilogram rate."Many have done it, but they did not want to make a news out of shame. Joseph was very frank and his travails are the same in the industry here and bus owners are in deep trouble as none of the restructuring, moratorium announced have come in full steam for various reasons," said John.In Kerala, the CCOA has 3,500 members who own around 14,000 buses."After the restrictions were lifted, around 2,000 buses of our members have been confiscated for non-payment of monthly instalments. The Kerala government in the past two years have waived taxes for three quarters, in one quarter we got a 50 per cent rebate and for another quarter we got 20 per cent rebate in quarterly tax. But these have not given the real solace at all. All our members are in dire straits and we need more help from the government," added John.A 40-seater luxury bus costs over Rs 50 lakhs and for breaking even under normal circumstances it has to get at least around 20 trips a month. Due to the Covid protocols, there are merely five trips a month now.And with bus owners like Joseph already deciding to sell it at Rs 45 a kilo, the CCOA expects the state and Centre to extend a helping hand, if not this industry could fall into more trouble.Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Home

City

Latest News

Cricket

LT Premium

National

International

Maharashtra

Opinions

Chhatrapati Sambhajinagar

Nagpur

Entertainment

Photos

Business

Technology

Sports

Lifestyle

Social Viral

Lokmat Games

Health

Pahalgam Terror Attack

Tahawwur Rana

IPL 2025

CM Devendra Fadnavis

Mumbai Local

Weather Update

Royson JosephFOLLOW

Royson joseph, Latest News

National :As tourism continues to bear brunt of pandemic, Kochi bus operator selling buses at scrap rates

A Kochi-based tourist bus operator is compelled to sell his buses at scrap rates of Rs 45 per kg as the tourism industry continues to bear the brunt of the COVID-19 pandemic. ...

National :In dire straits, Kerala luxury bus owner sells buses for Rs 45 a kilo

Thiruvananthapuram, Feb 12 After two years of the Covid-19 pandemic, the Contract Carriage Owners Association (CCOA) is in ... ...