Hyderabad: Chief Minister K Chandrashekhar Rao on Sunday ordered the Finance Department to immediately release Rs 120 crore to the Telangana State Road Transportation Corporation (TSRTC) in order to pay two months of salaries deferred during the lockdown period to its employees.
He also ordered the TSRTC authorities to make plans for the pre-COVID period restoration of RTC bus services and to run 50% of Greater Hyderabad’s city bus services.
The Chief Minister stressed the need to restore the RTC services and improve the corporation that suffered severe setbacks due to the COVID-19 pandemic at the high-level review meeting of the TSRTC in Pragati Bhavan here on Sunday.
He said that when the COVID pandemic completely paralysed the facilities, the TSRTC, which had endured extreme hardships, steadily steered towards profits with the help given by the state government. In addition to addressing steps to be launched to ensure job security for its workers, he ensured that all help was given to revive and reinforce TSRTC.
Speaking on the occasion, Chandrashekhar Rao said that despite the challenges they face and providing job protection to scores of the employees employed in these businesses, the state government has been protecting the Public Sector Undertakings (PSUs) like RTC.
He pointed out that not only did the state government oppose any effort to increase private intervention in the power sector, it also regularized the employment of thousands of electricity contract workers.
Although the Centre has been privatizing companies in the public sector such as LIC, the state government is not following the direction and instead, shielding them from all the challenges that their activity faces.
Until we restore TSRTC services and put it back in the groove, I am not going to relax. I will make every effort to safeguard the TSRTC as long as I am alive,” he added.
In addition, the Chief Minister noted that while families’ lakhs were directly dependent on TSRTC for livelihood, the Corporation also provided the poor with the cheapest mode of transport.
For these particular reasons, he said the State Government will provide all the financial help needed to keep TSRTC alive without taking profit or loss into account. (INN)