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Srinagar, Sep 22 (UNI) The Jammu and Kashmir State Road Transport Corporation (SRTC) buses, trucks and other vehicles are back on roads today after about one-month-long strike as the authorities announced to release the salaries and Cost of Living Allowance (COLA) to employees.

The SRTC employees, among other things were demanding release of five month salary, COLA, withdrawal of cases against union leaders, regularisations of adhoc employees and other benefits.

The government last night announced to release the salaries and sanctioned the slabs of COLA in favour of the employees of SRTC with effect from April 1, 2008.

Following this, the employees have called off their strike and resumed the duties.

An official spokesman said decision to release the salaries and sanction the COLA was taken at a high level meeting chaired by Governor, N N Vohra, here.

The Governor reviewed the financial status of the Corporation and directed setting up of a Committee under the Financial Commissioner, Planning and Development, to look into the factors responsible for the present financial crisis.

The Committee will propose the ways and means for a comprehensive restructuring of the Corporation, to be completed by March next year, after a thorough study of other State Transport Undertakings in the country.

Students of different educational institutions which were using the SRTC buses were the most affected during the strike period as they had to make alternative arrangements at higher costs.

The strike badly affected the supply of ration to different depots of Consumer Affairs and Public Distribution (CA&PD) department, using the trucks.

Service between Srinagar-Jammu and inter district service has been resumed from this morning, an official of the SRTC said, adding Srinagar-Delhi service will be resumed from tomorrow.

UNI BAS YSS SY RK1228

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