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TS to make allocations for RTC in state budget: KCR

14th May, 2015 9:57am     Telangana      Comments  

allocations for RTC in state budget

Telangana Chief Minister K Chandrasekhar Rao today announced that the government will make separate provision for RTC in the state's budget itself. He further said that henceforth RTC losses with respect to buses plying withing the limits of Greater Hyderabad Municipal Corporation will be borne by GHMC.

Stating that TSRTC has to pay Rs 186 crores as interest every year towards loans, KCR said the government is evaluating the possibilities of doing the loan repayment on behalf of the transport corporation.

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