The state-owned APSRTC has been incurring losses at Rs two crores a day and the total losses have mounted to Rs 560 crores, a top official said today. According to A K Khan, Vice-Chairman and Managing Director APSTRC, invasion of private buses in all important routes of the state is one of the greatest factor for the losses which amount to Rs 560 crores.
He said that in almost all areas, private operators are illegally competing with state-owned transport organisation. He said the recent crack down operation taken up by the Transport department has improved the revenue of RTC.
Khan said private operators are totally violating the rules and indulged in malpractices to earn profits. He said that a joint inspection will be taken up both by the RTC and Transport department to curb the menace of private operators in stage carriage routes.
He also said that initiatives have taken to improve the revenue by increasing the occupancy, better maintenance and better coordination in the organisation at various levels. Also 2000 buses would be added to the fleet this year to meet the demand from passengers and also to replace the unconditioned buses. Khan also informed that vacant lands and sites will be leased to earn more non-operating revenue. He said that RTC owned 3500 acres of land in the state.