As the strike by Telangana State Road Transport Corporation enters 49th day, the Chief Minister’s Office has said that TSRTC has no financial strength to incur the expenditure.
CMO Telangana said, “In total, to run TSRTC, Rs. 640 crore is needed per month. Who will bear this financial burden? TSRTC has no financial strength to incur this expenditure. Due to economic slow down, state government is also not in a position bear this financial burden.”
Almost 48,000 TSRTC workers have been on strike since October 5 over several demands. Their demands of the workers include regulated work conditions as well as better wages, apart from the merger of the TSRTC with the government, which will make them government employees with similar benefits.
As the High Court failed to break the deadlock on Wednesday, the Joint Action Committee (JAC) of employee unions said that they are ready to call off the strike, if only the government allows them to return to service without any precondition and meet their demands.