Talking to reporters here, Mr Katwe said the government had already implemented the V Pay Commission recommendations casting an extra burden of Rs 18 crore on the exchequer.
He said NWKSRTC was running under loss when he took charge as the President 200 days ago. Now it had made a profit of Rs 12.67 crore upto March 2007.
From March till date, the Corporation had registered a profit of Rs 10.67 crore, he said.
To a question, Mr Katwe said that the Corporation had signed an MoU with Karnataka State Industries Infrastructure Development Corporation (KSIIDC) to upgrade select bus stands within the purview of his limits.
For this purposes Hubli, Belgaum, and Haveri have been chosen, he said.
Mr Katwe said he had taken up development works worth Rs 1.52 crore in Uttara Kannada District for upgradation, renovation and repair purposes.
As per Nanjundappa Report, the government granted Rs 35 crore for the first time to NWKSRTC out of which the government had already released Rs ten crore, he said.