Bibliographic Details
| Title: |
Sustaining Through Subsidies: An Analysis of the Growth Performance of Public Bus Transportation Services in West Bengal. |
| Authors: |
Ghosh, Partha1 parthaghosh78@gmail.com |
| Superior Title: |
IUP Journal of Accounting Research & Audit Practices. Jul2023, Vol. 22 Issue 3, p35-48. 14p. |
| Subject Terms: |
*BUS transportation, *OPERATING costs, *SUBSIDIES, *PUBLIC sector, PASSENGER traffic |
| Geographic Terms: |
INDIA |
| Abstract: |
The public sector passenger road transport services in India have been established with the aim of providing economical, adequate and sustainable services to the commuters. It is a well-known fact that State Road Transport Undertakings (SRTUs) have become nonprofitable and are a heavy burden on government exchequers. In this context, SRTUs cannot be sustained unless they adopt a professional approach through policy initiatives. The paper examines the growth performance of three SRTUs in West Bengal, India. The objective is to identify the factors and investigate their operational implications for service cost and revenue of selected SRTUs. The results reveal that the annual income of the corporations was not sufficient to meet even half of the annual operating costs and that there exists a significant difference in the performance patterns of the selected SRTUs. [ABSTRACT FROM AUTHOR] |
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| Database: |
Business Source Premier |