Hyderabad: TGSRTC on Saturday handed out ₹1 crore each to the families of two drivers who died in separate road accident insurance, extending financial aid under the accident insurance scheme linked to the UBI Super Salary Savings Account.
The deceased, A. Venkatesh from Kushaiguda depot and D.R. Goud from Uppal depot, lost their lives in unrelated incidents. Venkatesh was struck by a lorry near Keesara while en route to duty. Goud, along with three family friends, died in a car crash during a pilgrimage trip to Ganagapur in Karnataka.
accident insurance-backed support aims to safeguard employee families
TGSRTC vice-chairman and managing director Y. Nagireddy, along with Union Bank of India Executive Director Amresh Prasad, handed over the cheques at Bus Bhavan. Senior officials from both TGSRTC and UBI were also present.
Nagireddy conveyed condolences to the families and reaffirmed the corporation’s commitment to employee welfare. He noted that financial schemes like this offer critical support during personal tragedies. He also encouraged employees to utilise all available welfare benefits and thanked Union Bank of India for enabling the insurance payouts.
రోడ్డు ప్రమాదాల్లో మరణించిన కుషాయిగూడ, ఉప్పల్ డిపోలకు చెందిన టీజీఎస్ఆర్టీసీ డ్రైవర్ల కుటుంబాలకు ఉచిత ప్రమాద బీమా ద్వారా ఒక్కొక్కరికి రూ.కోటి ఆర్థిక సహాయం అందించిన సంస్థ. ఉద్యోగుల సంక్షేమమే లక్ష్యమని వీసీ & ఎండీ శ్రీ వై. నాగిరెడ్డి, ఐపీఎస్ తెలిపారు. pic.twitter.com/6tuvN1XcE7
— TGSRTC (@TGSRTCHQ) February 7, 2026