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Police modified the bailable charge they had registered against the accused initially to a non-bailable one after the man's daughter deposed that she too was assaulted in the melee.
The behaviour of a select few employees affect the reputation of the whole establishment, the KSRTC CMD said.
As per the new initiative, the service operations in various districts will be managed separately by the four organizations.
The incident caught wide public and media attention after a purported visual captured in a mobile phone went viral.
Provoked by the man's remark the KSRTC employee and a security personnel dragged him into the adjoining room and assaulted him.
The bus overturned while negotiating a hairpin curve near Neriyamangalam on the Kochi-Dhanushkodi National Highway.
The State is likely to witness tighter financial control since there is a substantial dip in revenue on the one side and there is an unexpected increase in expenditure on the other side.
The duties are tobe assigned on rotation, on a zonal basis.
The fare per person for the package is Rs 700, which includes the expenses for lunch and evening tea.
The KSRTC will settled the dues partially utilising Rs 50 crore allotted by the Government and Rs 10 crore in hand.
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