In a shocking move towards the RTC Unions, the Telangana High Court gave a heads up to the privatisation of RTC. It denied all the petitions that were filed by the RTC unions against privatisation.
According to sources, the Court announced its verdict after a month long of hearings from both the parties. This move gives all rights to the TRS government to officially invite private operators to take over RTC and this might put the employment of 50,000 employees in jeopardy.
CM KCR had already made it clear in his meeting that privatisation is the only option for the survival of RTC but he had been waiting all these days for the HC’s orders to take an official call.