KCR Next Move To Minimize Losses in TSRTC

KCR agreed to give 16 pc interim relief with which the RTC strike called off. TSRTC debt touched Rs 3,000 crore-mark and Government has been paying Rs 250 crore interest per year. Telangana CM K Chandrasekhar Rao is likely to follow the Karnataka & Tamil Nadu model to prevent the loss-making TSRTC from closure.KCR Next Move To Minimize Losses in TSRTCA High-Level Committee comprising of Transport Experts and Senior Govt Officials will be constituted for bringing reforms in the RTC. GHMC will be made into a Separate Corporation. Undivided Districts  of Ranga Reddy, Medak and Mahbubnagar will be second corporation. While Warangal, Nalgonda and Khammam could be third, Karimnagar, Nizamabad and Adilabad are likely to be clubbed as fourth corporation.