Only 3 out of 55 state transport undertakings making profit
Only Maharashtra, Karnataka and Bangalore, out of 55 state road transport undertakings (SRTUs) are making profit. Sources said five corporations in West Bengal, SRTUs in Bihar and the north-east are going through a bad financial patch. Madhya Pradesh recently wound up its transport corporation. These are tell-tale signs of how government-run public transport is becoming unsustainable even as both states and the Centre claim that they are pushing for reliable and safe public transport system.
Read Full Story>>
