Jammu, May 10: Alleging that State Road Transport Corporation (SRTC) has betrayed the employees who took the VRS from the Corporation, the former employees today said that management has failed to deposit Rs 1.40 crore under CP fund in their accounts.
 Former employees who took the VRS from the bankrupt corporation held a protest demonstration outside the head office of SRTC and alleged that government has galloped their CP fund.
 Raising slogans against the Corporation, the workers under the banner of All J&K SRTC Volunteer Retirement Employees Association alleged that government has failed to fulfill its commitment.
 The protesting employees allege that the corporation had deducted money from their monthly salaries and that money had to be deposited in the accounts of the employees as CP funds but it was not done.
 Later, they marched towards the office of Additional providential funds commissioner near Railway Station and staged sit-in for an hour demanding that if the management failed to deposit money in the account of the employees.
 Speaking to the Greater Kashmir, president of the association, Dev Raj Bali alleged that  Rs 1.40 crores under C.P Fund was yet to be deposited in their accounts.
 “A total of 672 SRTC employees have been given VRS but their CP funds are not released due to the indifferent attitude of the management,” he alleged, while saying that they have decided to move to the court for justice. The employees dispersed peacefully after the protest demonstration.

Lastupdate on : Mon, 10 May 2010 21:30:00 Makkah time
Lastupdate on : Mon, 10 May 2010 18:30:00 GMT
Lastupdate on : Tue, 11 May 2010 00:00:00 IST