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.
DOI: 10.20472/IAC.2017.032.023
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