In the state of telangana, rtc seems to be in debt. After the trs administration declared that TS rtc will be privatised, all rtc personnel went on strike in the past. For over two months, rtc employees have been on strike. The rtc lost approximately Rs 10 crore each day during the strike. Following that, rtc employees began working on the jobs. To compensate for the losses sustained during the strike, the rtc has raised the fees. Increased by 20% as compared to Gautam. The government expects that by boosting rates, the rtc would be able to make a profit.

However, owing to the spread of the coronavirus at a time when the state was recuperating from a natural disaster, the whole state was shut down. The rtc narrative came to a head once again with this. For over a year, there has been no cycle of advancement on the roads. The losses skyrocketed as a result of this. telangana rtc has made a loss of Rs 2,780 crore in the last year and a half. Apart from that, according to top rtc officials, the company has a debt of Rs 6,115 crore as of the end of june this year. Due to the impact of the coronavirus, buses are currently not completely operating. This implies that the telangana rtc is still in trouble.

Sajjanar has already been nominated as Hyderabad's MD and Commissioner by the RTC. Bajireddy Govardhan, a nizamabad Rural MLA, has been named chairman of the RTC. In each position, Sajjanar works with integrity. As a result, the telangana administration believed that Sajjanar was the only person capable of reviving the RTC. rtc was also required to spend Rs. 1500 crore in the previous budget. There's also a bank loan of Rs. 1500 crore. people are questioning whether the government would privatise the rtc if it does not generate a profit within this time frame. Let's see how the next few months go.

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Telangana RTC

Kailas Ashwin Sathish

23/09/2021 04:10 PM