The Telangana State Road Transport Corporation (TGSRTC) has launched an internal drive to improve revenue, cut costs, and ensure financial stability amid mounting liabilities. Staff members from all departments must present operational solutions which employees from all unions believe show serious financial difficulties that endanger the company’s existence.

Sources said the corporation’s finances have become critical following the 2017 pay scale revision, which was not matched by revenue growth. The organization needs to take immediate action because its financial situation has worsened due to mounting financial obligations which include bank loans and outstanding Provident Fund payments and unpaid employee wages and other debts.

TGSRTC will conduct brainstorming sessions at their depots and workshops and stores and hospitals and field units to explore ways to boost income and reduce expenditure. The organization aims to reduce operational costs by decreasing its requirements for manpower and materials and maintenance activities while it works to fix its operational problems and stop revenue losses and minimize waste and stop unnecessary expenditures. The corporation is also considering automation and innovation and mechanisation as strategies to enhance its operational performance.

Depot managers must gather staff proposals until February 10 while regional managers must complete plan consolidation by February 20. The Head Office will determine specific department strategies which will begin implementation on March 1.