The YSR Congress Party (YSRCP) will take over the APSRTC and come to the rescue of the employees and the people in rural areas that depend on its operations, party official spokesperson and former Minister Kolusu Parthasarathy has said.
Addressing the media here on Saturday, Mr. Parthasarathy said that YSRCP president Y.S. Jagan Mohan Reddy had already given the assurance to the RTC staff and the public that the government would take over the corporation and bring it back to its past glory.
The APSRTC was in deep financial crisis and the staff were afraid that the corporation would be closed and its operations wound up. Chief Minister N. Chandrababu Naidu who neglected the corporation was responsible for the crisis, Mr. Parthasarathy alleged.
The State government that was giving all sorts of concessions to contractors and businessmen was not ready to give any concession or support to the RTC, Mr. Parthasarathy said.