Article may be outdated

This article is 8 days old. Some details may have changed since publication.

Headlinne
Sign inGet Headlinne
The Hindu·3 min read·medium

No privatisation of APSRTC, e-buses won’t transfer assets to private firms: government

G
G.V. Subba Rao
No privatisation of APSRTC, e-buses won’t transfer assets to private firms: government
✦AI Summary

The Andhra Pradesh government has denied rumors of privatizing the state-run transport corporation (APSRTC) following the introduction of electric buses. Officials clarified that the new e-bus scheme uses a gross cost contract model that keeps assets under state control and ensures no job losses for current employees.

Why it mattersUnlock →

The government on Thursday (July 9, 2026) dismissed reports of the privatisation of Andhra Pradesh State Road Transport Corporation (APSRTC) as false. The induction of electric buses under the Centre’s PM e-Bus Sewa Scheme did not involve the transfer of APSRTC assets or services to private entities, it said.

Continue reading on Headlinne

Create a free account to read the full article.

Read full article →
politicseconomytechnology
Political bias analysisUnlock →
Read originalGet full access
✦

Get the full story

Sign up for Headlinne to unlock AI insights, political bias analysis, and your personalized news feed.

Create free account

Already have an account? Sign in