TSRTC to release three pending DA installments

TSRTC to release three pending DA installments
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TSRTC to release three pending DA installments 

Highlights

8 Chairman Bajireddy Govardhan announces payment of festival advance to staff 81,150 new buses to be purchased, including 630 super luxury, 130 de luxe and 16 sleeper. Also tender for 360 electric buses has been finalised ; it is possible that the buses will be available by December 8Electric buses will be run to all districts with inter-city connectivity

Hyderabad: Telangana State Road Transport Corporation (TSRTC) will pay the pending dearness allowance due to employees with the help of the State government.

TSRTC chairman Bajireddy Govardhan at a press conference at Bus Bhawan on Friday said that of the five pending DA installments, three will be paid now. For that Rs 15 crore and another Rs, 20 crore are being allocated for the payment of DA arrears. Also, he announced payment of festival advance to the employees.

Recalling that the government has allocated Rs 1,500 crore to RTC in the budget, he said the corporation was recovering from losses. Its income of only Rs 9 crore reached Rs 14 crore on average.

TSRTC managing director V C Sajjanar said 1,150 new buses would be purchased, including 630 super luxury, 130 de luxe, and 16 sleepers. Also, the tender for 360 electric buses has been finalized; it is possible that the buses will be available by December.

He said electric buses will be run to all districts, like Nizamabad, Karimnagar, Nalgonda, Khammam, Warangal, and Mahbubnagar, with inter-city connectivity.

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