Hyderabad, July 2nd: Following the raise in diesel prices, the Andhra Pradesh State Road Transport Corporation is not going to revise its fare. The state transport minister, Mr. Satrucherla Vijayarama Raju who reviewed the current financial situation of RTC, said that there is a need to revise the charges to bear an additional burden of Rs 2 per liter on diesel following the hike. But keeping in view of the passengers they were not going to revise the fare.
It is estimated that the RTC will have to bear an additional burden of Rs 110 crore on 2009-10 with the hike of Rs 2 per liter on diesel. The RTC spends around Rs 1,700 crore on fuel as it consumes 47 crore liters of diesel every year to run its fleet of 20,000 buses in the state. The RTC, which registered Rs 100 crore profit in 2008-09, is striving hard to clear its losses to the tune of Rs 1,100 crore. “It is difficult to run the organization with out revising the fares. We request the government to provide subsidiary to the RTC”, said Mr. Syed Mohammed, director of APSRTC.
Hyderabad, July 2nd: The management quota seats of MBBS in state private colleges are sold at Rs 50 lakh to 65 lakh each. The engineering seats in top colleges are found to be offered for as much as Rs 12 lakh for electronics and communication engineering and Rs 10 lakh for other branches, while th...
Kakinada, July 2nd: The national portal for registration of employment through online came into operation in the state on July 1. With this new online facility the employment seekers need not go to the respective employment exchanges, but can register themselves through website http://employmentser...
Kakinada, July 2nd: A dairy development program was launched in Rampachodavaram Agency area as part of income generating activity for tribals in East Godavari under the Pasukranti scheme. Milk cattle numbering 189 were supplied to beneficiaries in 19 villages on Rampachodavaram, Devipatnam an...
Hyderabad, July 3rd: One more swine flu case was confirmed on Friday taking the total number of confirmed cases to 19 in the city. 30-year-old software professional that arrived here by the British Airways Flight BA-277, on Wednesday from Los Angles was admitted to the AP chest hospital with suspec...
Hyderabad, July 3rd: According to the report submitted by the five member committee appointed by the state government to regulate fee structure on private schools, no private school in the state should collect more that Rs 24,000 per annum for students up to Class V and Rs 30,000 per annum for stud...
Rajahmundry, July 3rd: Noted classical singer, Padma Vibhushan, Dr. Mangalampalli Balamurali Krishna was given a warm welcome by the municipal corporation here on Friday. Speaking on the occasion, the 79 year old classical singer called it a memorable experience for getting facilitated by citizens ...
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