Financial Daily from THE HINDU group of publications
Tuesday, May 31, 2005

News
Features
Stocks
Port Info
Archives
Google

Group Sites

Logistics - Roadways


Give up strike move, APSRTC unions told

Our Bureau

Visakhapatnam , May 30

THE Chairman of AP State Road Transport Corporation (RTC), Mr G. Prakasa Rao, has termed the move to go on strike by RTC unions as unjustified in view of the concessions announced recently by the State Government and appealed to them not to go ahead with the strike.

He said at a press meet here on Monday that the reduction in motor vehicle tax and reimbursement of concessions extended to various sections amounted to Rs 400 crore. Besides, Rs 160 crore assistance had also been announced.

The Telugu Desam Party Government, during its nine-year-rule, had not conceded the plea for reduction in motor vehicle tax and failed to reimburse concessions, said Mr Rao. "The strike will push RTC into further trouble and it may suffer the plight of loss-making units such as Allwyn and Ajam Jahi mills," he said.

Mr Rao wanted the remaining revenue deficit of about Rs 100 crore to be made good by curbing the practice of carrying passengers by lorries and the illegal operation of private vehicles.

The Home and Transport Department and the RTC had been asked to work out a strategy to control illegal operations, which could help mop up an additional Rs 200 crore.

However, the Government did not concede the demand for sales tax relief since a demand for the same could be raised by other sections, said Mr Rao. He promised job security to the 1.2 lakh employees.

The Chairman agreed to consider the request for more Volvo (air-conditioned, luxury) buses in view of the 93-per cent occupancy ratio, the highest in the State.

The Executive Director, Mr Damodar Das, said more Volvo buses would help RTC compete with private operators and exploit the potential to cities such as Chennai, Hyderabad and Tirupati from Visakhapatnam.

The RTC Regional Manager, Mr D. Satyanarayana, said the rural division stood first in the State by registering the highest revenue growth of 27 per cent.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page


Stories in this Section
Kochi port going ahead with preliminary activities for SEZ


Kochi box terminal gets four new RTG cranes
ABG Shipyard raises Rs 140 cr through private equity
AFL bags contract to manage supply chain for PCS Tech
Concor urges shipping lines to make more use of Dadri ICD
Railways may need to import 18,000 wheels to meet demand
Gauge conversion: BJP stages `rail roko' at Mangalore station
Safexpress opens offices in North-East
Give up strike move, APSRTC unions told


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line