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Tuesday, 13 August 2013

RTC losing Rs 3.4 Cr per day due to agitation: Khan

Hyderabad, August 13 : The Andhra Pradesh Roads Transport Corporation is incurring losses of Rs 3.4 crore per day due to the on-going agitation in protest against the bifurcation of State.

Talking to reporters after meeting Chief Secretary Dr PK Mohanty at the State Secretariat here on Tuesday, RTC Managing Director and Vice-Chairman AK Khan informed that the RTC has so far suffered a loss of Rs 98 Crore due to Samaikhyandhra agitation. The losses would continue to mount if the agitation continues and would push the loss-making RTC into further crisis, he said.Read More