He gave the instructions at a meeting to discuss the guidelines to ensure job security of RTC staff. A release quoting Mr. Rao said the RTC slipped into problems due to COVID at a time when the entity had begun to make profits following incentives given by government. He said the State government was protecting public sector undertakings against all odds. The Centre was privatising public sector units, including the Life Insurance Corporation of India. In his response, Mr. Rao asked officials to analyse the right solutions that will see the corporation return to pre-COVID days.

Source: The Hindu November 15, 2020 17:20 UTC