Efforts on to turn RTC into profit-making organisaton

Efforts on to turn RTC into profit-making organisaton
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Highlights

ransport Minister K Atchannaidu made it clear that  the State government would not take over the Andhra Pradesh Road Transportation Corporation (APSRTC).  He explained the details of the efforts being made by the State government to reduce the losses and to make it a profit making organisation.

Amaravati: Transport Minister K Atchannaidu made it clear that the State government would not take over the Andhra Pradesh Road Transportation Corporation (APSRTC). He explained the details of the efforts being made by the State government to reduce the losses and to make it a profit making organisation. He spoke in the Legislative Council on Saturday and narrated the efforts of the State government to develop the RTC.

1. Transport Minister K Atchannaidu rules out the State govt taking over the RTC
2. Points out that the losses of RTC have been brought down from Rs 800 cr to Rs 300 cr
3. Says the govt allocated Rs 500 cr to APSRTC in the Budget
4. 200 new Palle Velugu buses will be purchased soon


MLC Y Srinivasa Reddy and other MLCs raised questions on whether the government would take over the RTC. Atchannaidu made it clear that there are no such proposals. Referring to the losses, he said the losses of RTC came down from Rs 800 crore to Rs 300 crore and hoped the losses would come down further.

He said the government had allocated Rs 500 crore in the budget for the RTC and informed that 200 new Palle Velugu buses were purchased to strengthen the department. He further said the RTC will enter into MoU with Tamil Nadu, Karnataka and Pondicherry to operate bus services into that States. He said efforts were on to restore services from Chittoor district to Tamil Nadu and Karnataka. MLC Boddu Nageswara Rao asked the government to resolve the problems of the staff working for the hired services.

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