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| New Delhi peeved over defunct SRTC, losses touch sky height | | 54 percent fleet inoperative | | Syed Junaid Hashmi
JAMMU, Oct 16: Defunct State Road Transport Corporation (SRCTC) of Jammu and Kashmir is not only a loss making corporation but one of the worst in the country which has just 46 percent of the available fleet of vehicles operational.
54 percent vehicles belonging to SRTC are not operational. Even this 46 percent fleet of vehicles is not completely operational. SRTC generates most of its revenue by ferrying Army, BSF, CRPF and Police. Annual durbar move too brings in revenue to the otherwise loss making corporation, whose revival continues to be a pipe dream. 50 percent of the operational fleet is over-aged.
This 50 percent puts the number of operational vehicles at 329 of the total 704. These spine chilling facts have been brought to light by Transport Research Wing of Union Ministry of Road Transport and Highways in its performance review report of the State Road Transport Corporation (SRTC). The report maintains that SRTC has 704 vehicles, of which 329 are functional and remaining, 375 are operated once in a year and that too, during the Durbar move.
J&K SRTC has the fourth oldest fleet of vehicles in the country after the Corporations of Bihar, Meghalaya and North Bengal. Not only that J&K has oldest fleet of vehicles but it has been unable to lay off the over-age vehicles despite being told to do so by the Union Ministry. What makes the scenario painful is that despite being an acute loss making corporation, SRTC added 14 more employees in the year 2012-13.
This addition of new employees comes at a time when losses of SRTC are multiplying with each passing day. According to the report, each SRTC bus which was earlier carrying 22.1 passengers, ferried just 19.7 passengers in the year 2013. It further maintains that SRTC earned Rs. 5845.36 lakh revenue in the year 2012 and this dipped in the year 2013 to Rs. 5453.78 lakh.
Matters were made worse by the cost of operation which increased from Rs. 8119.24 lakhs in 2012 to Rs. 8234.63 lakhs in the year 2013. Hence, the losses which were Rs. 2273.88 lakh in 2012 increased to Rs. 2780.85 lakh in the year 2013. The report has analysed the revenue earnings as well as accumulated losses. According to this, SRTC has been earning revenue of Rs. 26.33 per kilometre of its run while spending Rs. 39.76 per kilometre on the maintenance.
Hence, SRTC has been losing Rs. 13.42 per kilometre of its travel. Though revenue per kilometre per bus per day has increased from Rs. 1477.53 to Rs. 2116.62 but this has been undone by the increase in cost per bus per day from Rs. 3133.03 to Rs. 3195.88 taking the losses from Rs. 877 per bus per day to Rs. 1079 per bus per day. Overall, losses in the SRTC have been increasing heavily since the last three year continuously.
These worst figures have put SRTC in the red book of Transport Research Wing of Union Ministry of Road Transport and Highways. They have repeatedly told the State Government to either take the revival of the SRTC on priority or close down the defunct corporation which has been making losses and there is also little or no possibility of the losses coming down in the days ahead. |
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