Live
- Hailstorm-hit Vistara flight returns to Bhubaneswar airport
- PM Modi-led govt saved people during pandemic: Union Minister Anurag Thakur
- Heat wave grips Telangana, mercury crosses 46 degrees Celsius in few places
- New India believes in giving a dose, not dossiers, to terror masterminds: PM Modi
- Nagarkurnool MLA Kuchukulla Rajesh Reddy should send Malluravi to Parliament for the third time
- Awareness conference on Mayday under the auspices of Legal Service Authority
- Adani Power logs 37 per cent revenue growth in FY24, consolidated PBT more than doubled
- Rohit said 'just show us what you can do', recalls Shivam Dube post T20 WC selection
- Resignations of Lovely, Naseeb and Basoya indicate Congress high command's disconnect with ground reality
- Hamas standing in way of ceasefire, Blinken says during meeting with Israeli PM Netanyahu
APSRTC suffering 3 cr loss daily
Stating that APSRTC was incurring a loss of Rs 3 crore per day, corporations vicechairman and managing director N V Surendra Babu said and alternative steps were initiated to come out of the losses
Rajamahendravaram: Stating that APSRTC was incurring a loss of Rs 3 crore per day, corporation’s vice-chairman and managing director N V Surendra Babu said and alternative steps were initiated to come out of the losses.
Moreover, RTC was purchasing 30 crore litre diesel per year for its use, he added Speaking to reporters at Roads and Buildings guest house here on Tuesday, Surendra Babu said the main cause for the loss was rise in diesel prices, payment of DA, pensions and other emoluments to the employees.
To mop up resources, the RTC was trying to increase its income from other sources such as by giving stalls for rent through open auction, cargo transport, bringing down costs, leasing out its lands and buildings and by increasing kmph per litre and other means.
He said owing to the efforts of RTC staff occupation ratio in the buses had increased to 78 per cent from 68 per cent in all categories and the goal was to achieve 83 per cent occupation ratio. RTC has a tracking facility to 96 per cent of its vehicles in the state, he added. Surendra Babu said plans are afoot to purchase buses by spending Rs 300 crore and RTC was not running outdated buses.
Further, APSRTC has decided to arrange closed circuit(CC) cameras in all buses across the state for the safety of passengers and staff and currently, 80 z buses have this facility, the MD said.
He said plans were afoot to expand cargo services to mandal headquarters by appointing agents on commission basis. This year it was targeted to get Rs 75 crore through cargo transportation as against of Rs 43 crore last year and Rs 9 crore in 2016.
