The KSRTC, which is facing a financial crisis, is to receive a capital injection of Rs 10 crores from the government.
The emergency fund is to be provided by the government to help the corporation run its services for a week. The government made the move as the financial crisis in the corporation attained serious proportions.
The cabinet, which approved the emergency funding, also approved a move to let out diesel pumps in 67 depots of the corporation to the Civil Supplies Corporation.
Next week, the cabinet is to discuss in detail debts and the financial crisis of the KSRTC.