HYDERABAD: In its first board meeting since the bifurcation of the state, Telangana State Road Transport Corporation (TSRTC) on Saturday decided to issue ‘compassionate employment guidelines’ soon.
It also approved annual accounts for the last seven years and announced that it earned Rs 100 crore from cargo businesses since June 2020. A few other issues pending for the past seven years were also ratified.
The Board meeting was attended by seven of the nine directors, including TSRTC chairman Bajireddy Govardhan, and managing director VC Sajjanar.
“The corporation is gradually making rapid strides in revenue generation by tapping alternative sources of revenue generation. He said annual accounts from 2014-15 to 2020-21 have been approved by the Board. We have also ratified several pending issues and discussed the compassionate appointment to the children of the decease employees. The modalities are being worked out,” TSRTC chairman Bajireddy Govardhan said.
RTC managing director Sajjanar said that new verticals like cargo services, Tarnaka super-specialty hospital and nursing college, launching a chain of pharmacy outlets at different bus stations have been taken up to augment the existing traffic-related revenues. “Management is considering compassionate appointments with consolidated pay,” he added.
