RTC RECOVERING FROM LOSSES...350 CRORES LOSS DECREASED IN A YEAR

Vijayawada, May 18, (way2newstv.in):

The APSRTC, which is facing a severe crisis with huge losses of over Rs 4,000 crores, is working exterminated by some of the losses from the losses. Total loss in the financial year 2016-17 In the current financial year, it was Rs 850 crore. Reduced to 500 crores. Over the last year, MD Markandeya, a few months, the current MD Envi Surendra Babu has taken a number of reforms to increase the rate of occupancy and focus on commercial revenue hike. In the main bus stations, business and business organizations have taken steps to allocate space for the showroom construction. The venue for setting up two mini theaters in Vijayawada bus station. Commercially, income is increasing at an all-time level of Rs. In the 2017-18 financial year, it was Rs 109 crore and Rs 11 lakh respectively. 

RTC RECOVERING FROM LOSSES...350 CRORES LOSS DECREASED IN A YEAR

An amount of Rs. 142 crores has been recovered from Rs. 82 lakhs. That means 31% Increase in revenue of 33 crore 71 lakhs In the current financial year, Krishna topped Rs 25.41 crore, Rs. Tirupati second with Rs 16.89 crore, Rs. Kurnool reached the third position with 11.16 crore revenue. Next Rs.11.07 Visakha,Guntur with Rs 10.74 crore, with Rs.10.32  East Godavari,with Rs. 10.02 Prakasam, with Rs.9.59 crore Anantapur, with  Rs. 7.08 Vizianagaram, West Godavari district with Rs 5.66 crore, YSR along with 5.97 crores.Potti Sriramulu Nellore district has been in the rank list with 7.29 crores.