The Telangana State Road Transport Corporation (TSRTC), an organisation with over 45,000 workers and nearly 9,500 buses, has begun experimenting with the idea of monetising two of its most important facilities — the Jubilee Bus Station (JBS) and the Mahatma Gandhi Bus Station (MGBS) — to tide over mounting losses.
According to an official document, the offices of the Executive Director (ED)-Hyderabad Zone (HZ) in MGBS, and the offices of the ED-Greater Hyderabad Zone (GHZ) in JBS, will be moved to two different locations. While the offices of the ED-HZ are scheduled to move to the Commuter Amenities Centre (CAC) in Kachiguda, the offices of ED-GHZ are slated to move to CAC Midhani.
TSRTC’s senior officers said this move comes on the back of another attempt to monetise the transport juggernaut’s existing properties.