JKSRTC’s ‘new’ revival plan to boost corp revenue: MD

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SRINAGAR: To discuss the revival plan of Jammu and Kashmir State Road Transport Corporation (JKSRTC), Principal Secretary, Transport Department, Asgar Hassan Samoon chaired a meeting of officials here on Tuesday.
During the meeting, MD JKSRTC, Manmohan Singh informed that JKSRTC has 304 buses and 201 trucks which have already completed the operative life (10 to 25 years), an official handout read. The present fleet position is 915, as against the fleet of about 1600 buses and trucks in 1989, read the handout.
Singh informed the meeting that in order to feed the non-operative routes and to ensure timely lifting of food grains and other essential material, JKSRTC has already projected the demand of 550 buses and 600 trucks as a revival plan to be implemented in a phased manner subject to the sanction of funds by the State government.
On the account of the implementation of this revival plan, he said that JKSRTC expects the increase in revenue to the extent of Rs 104 crore as per the existing transportation rates.