The dismal revenues of the public sector body TSRTC are impacting the citizens of Hyderabad and greater Hyderabad. The Telangana State Road Transport Corporation (TSRTC) that was plying 120 AC buses in the city has now decided to withdraw 80 buses from its fleet.
After being eased out, the AC buses are now being used for inter-state transportation. The RTC officials who have been working overtime to cut down the losses of the public sector body have decided that the AC buses have become white elephants. One of the main reasons to hit the revenues of RTC happens to be COVID.
Once corona struck, bus services were stopped. However, when the intensity of the virus decreased, commuters, mostly IT professionals, started using the metro. Even now, when the COVID cases are dismally low, the IT professionals haven’t reverted to taking AC buses.
Another reason is the sharp increase in diesel prices. The prices have increased by 50 percent, and this has created a huge dent in the earnings of TSRTC. Yet another reason is the mileage difference in both cases, i.e., inter-city and inter-state plying.
Once the AC buses have been put into inter-state service, they have been clocking longer distances, and there has been increased fuel efficiency. Incidentally, the 80 AC buses that have been eased out happen to be hi-end Volvo buses that have been procured at the cost of Rs 1.3 crore each way back in 2010.
Also, there has been increased usage of AC buses in districts. Alongside, the revenues from inter-city AC buses dropped from Rs 60 to Rs 10.
The AC buses joined RTC before Telangana formation under the Jawaharlal Nehru National Urban Renewal Mission scheme.