Hyderabad: After the state government announced an interim relief of 16 per cent, the Transport workers' unions in Telangana withdrew their proposed indefinite strike demanding pay revision.
The government said it had decided to give 16 per cent interim relief, even though it would put an additional financial burden of Rs 16 crore every month on the Telangana State Road Transport Corporation (TSRTC).
The decision was announced by Finance Minister Etela Rajender and Transport Minister P Mahender Reddy at a press conference here this evening in the presence of the union leaders.
A leader of the Telangana Mazdoor Union (TMU), a recognised union of the TSRTC, said in view of the government's announcement of interim relief they had decided to withdraw the proposed stir.
The TMU, along with a few other employee unions, had threatened to go on the strike demanding constitution of a Pay Revision Committee, a hike in salaries among other demands.
Following a strike notice, Chief Minister K Chandrasekhar Rao had last week asked the RTC unions to withdraw their strike call. He hadwarned saying that striking employees would lose their jobs.
A committee comprising ministers, constituted to examine their demands, had been in talks with the leaders of RTC unions over the last four days.
The TSRTC has been incurring an annual loss to the tune of Rs 700 crore, it is learned. The losses are in addition to the Rs 3,000 crore debt burden on which the RTC also pays an interest of Rs 250 crore a year, the ministers said.
Other demands of TMU included a 25 per cent IR and 50 per cent fitment (pay hike) for RTC staff, abolition of Motor Vehicle (MV) Tax on RTC buses. (PTI)