APSRTC in Reliance hands Is it a good move?
Reliance group is now aiming to take over APSRTC. Previously, this deal appeared before the government and it got vanished as employees were not interested to go privatized from the present government status. Now, if Reliance takes APSRTC, the same will happen.
For Reliance, it is a good move as APSRTC will give good benefits with respect to transportation. They have several goods to transfer and APSRTC can help them in that aspect. Apart from this, Reliance may go for tie-ups with Ebay or Flipkart to provide deliveries to distant places through buses.
On the other hand, common man may get into trouble as privatization means increase of bus charges. People can’t question private company for the raise in charges. For APSRTC employees, it may be a bad move as privatization takes away the tag of government. For state government it is a good move as APSRTC is in loss and selling it will fetch huge profits.
For Reliance, it is a good move as APSRTC will give good benefits with respect to transportation. They have several goods to transfer and APSRTC can help them in that aspect. Apart from this, Reliance may go for tie-ups with Ebay or Flipkart to provide deliveries to distant places through buses.
On the other hand, common man may get into trouble as privatization means increase of bus charges. People can’t question private company for the raise in charges. For APSRTC employees, it may be a bad move as privatization takes away the tag of government. For state government it is a good move as APSRTC is in loss and selling it will fetch huge profits.