Post-Telangana Formation, RTC Salaries Hiked 67%, Funds Rose
This may sound surprising given the jeremiads of the striking RTC employees, but these figures were given today by a mainstream Telugu daily.
Hyderabad | 18th October 2019
The Telangana State Road Transport Corporation (TSRTC) is incurring a loss of Rs 1,200 crore every year.
Most of the reason for this is that after statehood for Telangana, the salaries of the RTC employees have gone up by 67%, and the funds provided to it were hiked by 600%.
While a total of Rs 712 crore was given to the RTC in the budgets from 2009-10 to 2013-14, after Telangana State was formed, a total of Rs 4,253 crore was given to the TSRTC from 2014-15 till 26-9-2019.
This may sound surprising given the jeremiads of the striking RTC employees, but these figures were given today by a mainstream Telugu daily, Namasthe Telangana.
While the income of the RTC is Rs 4,882 crore a year, the expenditure is Rs 5,811 crore. Additional funds of Rs 850 crore have been given to TSRTC over and above the amounts allocated in the budgets to bridge the gaps.
The report asked whether it was proper for the employees to go on strike during the festival season, which would fetch the corporation considerable revenue. It said that ultimately it was the workers who would be put to losses, and that due to the strike private travel companies were minting profits while the TSRTC was running deeper into losses.
The newspaper said that in spite of all these facts, TSRTC unions were on a strike that was playing with the lives of the employees.
It is surprising that the State government did not come out with these facts right at the time that the unions started the strike, so that the people could correctly assess the situation. It's surprising that the Government is keeping silent while the Opposition parties are making several accusations against it despite these facts.
filed in: Telangana, TSRTC, Strikes, Bus Strike, Transport, Buses
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