Home Political News AP Cabinet Approved APSRTC Merger

AP Cabinet Approved APSRTC Merger

APSRTC Merge in AP Government

AP Cabinet Approved APSRTC merger (Andhra Pradesh State Road Transport Corporation) with the government on Wednesday. The cabinet meeting, held by AP CM YS Jagan, accepted the proposal made by an experts’ panel.

All 52,000 employees of APSRTC will now become government employees in the Public Transport Department. Their retirement age will be increased to 60 years from the existing 58 years along with other government employees. The services of all contract employees in the corporation will continue and they will now be treated as the contract employees in the Transport Department. The merger of APSRTC with the government will put an additional annual burden of Rs 330 crore on the public wealth.

AP Transport Minister Perni Nani (Venkatramaiah) interacted with media after the cabinet meeting said that an ordinance will be issued for the merger and the entire process will be completed in three months. AP CM Jagan promised to merge the APSRTC with the state government during his election campaign.

Andhra Pradesh State Road Transport Corporation (APSRTC) is the state-owned road transport corporation in the Indian state of Andhra Pradesh. Its headquarters is located at the NTR Administrative Block of RTC House in Pandit Nehru bus station of Vijayawada.

APSRTC was formed on 11 January 1958 as per Road Transport Corporations Act 1950. Earlier, it was a part of the Nizam State Rail and Road Transport Department. Consequent upon bifurcation of Andhra Pradesh state into Telangana and Andhra Pradesh, TSRTC is operated as a separate entity from 3 June 2015. APSRTC is working from Vijayawada (Pandit Nehru Bus Stand) as Headquarters for the state of Andhra Pradesh.

The APSRTC is in running in losses of Rs. 6,373 crore. The state government’s proposal was to run more electrical buses to control the losses.

In the cabinet meeting, the cabinet approved the new sand policy. The sand will be sold Rs 375 per ton and the public can book from online. A geo-tracking system will be implemented to enable the customers to track the truck assigned to deliver the sand. The cabinet also approved a scheme to provide Rs 10,000 annual financial assistance to those driving their own passenger autos and cars.

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