Monetisation by merger of RTC depots on anvil?
The Hindu
Identification of depots to depend on proximity to arterial roads, dependence on hire buses
The beleaguered Telangana State Road Transport Corporation (TSRTC), which is grappling with crushing losses, has launched deliberations to identify the ways to increase its revenue.
These include steps to monetise its assets in the form of land parcels it owns across the State. On the anvil is a merger of bus depots.
Sources requesting anonymity said the major factors in the identification of such depots is their proximity to arterial thoroughfares, and the dependence on their hire buses. The larger the number of hire buses at such depots close to each other, the higher are the chances of monetising it.
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