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SRTC earns Rs 74.80 crore during last year
9/11/2006 11:29:59 PM

Srinagar, September 11 – State Road Transport Corporation (SRTC) has earned revenue of Rs.74.80 Crore by improving and operating bus and truck services in and around the state during last financial year. The services include inter-state and tourist services comprising of 249 vehicles. The fleet of the corporation includes 666 buses and 417 trucks.
This information was given here today at a high level officers meeting, chaired by Minister for Transport and Chairman SRTC Hakeem Mohammad Yaseen.
The meeting discussed threadbare the functioning and strengthening the infrastructure of the corporation. Various issues aimed at making the corporation more profitable and result oriented was also deliberated upon in the meeting.
Hakeem Yaseen on the occasion underlined the need to minimize the losses of the corporation adding that it is directly connected with the common people. He said, government intends to give a new shape to the corporation and budgetary support of about Rs. 74 crore has been provided to the corporation during last three years. He said corporation is operating 109 super deluxe coaches between Jammu and other states of the country, expecting revenue of Rs. 21 crore during the current financial year.
The Minister assured that steps would be taken to make 350 vehicles of the corporation functional, which are presently not road worthy. He directed for adopting a transparent policy in purchasing of spare parts and other items required in the corporation. He said, the matter regarding services of 1200 surplus employees and their voluntary retirement would be discussed at appropriate level.
The Transport Minister directed to utilize the prime land available with the corporation at Pathankot and other parts in Jammu and Kashmir so that income of the corporation is increased. He also asked the authorities for detailed report with regard to the appointments made in the corporation since 1996. He also called upon the trade unions of the corporation not to resort to strikes and instead get their problems solved through negotiations. He assured that government is keen to develop the corporation on the modern lines.
Managing Director SRTC Mr. Sanjeev Verma and other senior functionaries of the corporation were also present in the meeting.
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