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ROLE AND EFFECTIVENESS OF STATE TRANSPORT: AN ANALYSIS OF PEPSU ROAD TRANSPORT CORPORATION (P.R.T.C) PUNJAB. (INDIA)

Pawan Kumar ()
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Pawan Kumar: SANT LONGOWAL INSTITUTE OF ENGINEERING AND TECHNOLOGY

No 5407923, Proceedings of International Academic Conferences from International Institute of Social and Economic Sciences

Abstract: Road transport plays a key role in socio- economic development. Most suitable for short and medium distances, it offers a number of advantages such as flexibility, reliability, speed and door to door service. Over the years, share of transport in overall traffic handling has been continuously increasing on the one hand and on the other especially public passenger transport is bearing losses year after year. The present paper is an attempt to find out the reasons of loss making of Pepsu road transport corporation (P.R.T.C) in Punjab. And it has been observed that due to government policies and lethargic attitude of some staff members this is corporation is bearing loss year after year and becoming liability on the government.

Keywords: Passenger Road Transport; polices; pros cons. (search for similar items in EconPapers)
JEL-codes: A12 (search for similar items in EconPapers)
Pages: 13 pages
Date: 2017-07
New Economics Papers: this item is included in nep-reg and nep-tre
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Published in Proceedings of the Proceedings of the 32nd International Academic Conference, Geneva, Jul 2017, pages 146-158

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