Sub-committee formed by Kochi Corporation now reviewing financials of ro-ro services run by Kerala Shipping and Inland Navigation Corporation Ltd. (KSINC). Decision follows all-party meeting after many complaints about KSINC's performance, leading to big liabilities for Corporation. Sub-committee has 15 days to check KSINC's bank account,draft new terms with replacement agency.
Mayor V.K . Minimol stressed need for new financial management system — joint account between Corporation,new agency replacing KSINC. She said,“We are planning to introduce new financial management system under which a joint account will be opened in the name of Corporation and whichever agency replaces KSINC,to ensure better accountability.” Current setup leaves Corporation with little oversight, as KSINC manages account alone .
Corporation eyeing Kochi Metro Rail Limited (KMRL) as new operator for ro-ro services. If KMRL says no, Corporation plans special purpose vehicle to manage services. Opposition criticizes this, sees it as move toward privatization. All three vessels set to transfer to new operator in three months, dry docking starts when third vessel enters commercial service.
Latest report from KSINC claims profitability despite past losses, blames some financial woes on ferry Fort Queen, run until 2023 . Mayor Minimol commented, “Whatever reason,we have decided to replace KSINC.” Move shows Corporation's push for better service efficiency, accountability.
To improve user experience,Corporation plans priority list for ro-ro service users, displayed at jetty. List prioritizes essential services, defense personnel,Corporation councillors,judicial officers. Mayor noted indiscriminate pass issuance led to frequent disputes at jetty, underscoring need for more streamlined process.
Corporation also launched free ride initiative for women passengers,excluding motorists,called Indira Ride. Approved during council meeting June 29,aims to boost accessibility,support for women using ro-ro services.
