PRTC records 66% rise in daily income - ECAS Punjab

PRTC records 66% rise in daily income

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Karam Prakash

Tribune News Service

Patiala, November 18

After facing losses worth crores due to the Covid-induced lockdown, the state-run Pepsu Road Transport Corporation (PRTC) has recorded a 66 per cent rise in daily income in less than a month.

PRTC's daily income has gone up from Rs 60 lakh in October to Rs 1 crore in November. However, the average daily income of the corporation has not been able to touch the daily income of pre-Covid times, which was around Rs 1.25 crore.

One of the major factors that caused an immediate rise in the daily income is the plying of interstate buses, which resumed last month. Around 30 per cent income of the PRTC comes from the interstate movement of buses.

Jaskiran Singh, Managing Director, PRTC, said the financial situation of the organisation had improved as compared to the last month. He said the organisation was still incurring losses, though there was an improvement.

The PRTC has not yet started its full fleet of 1,125 buses. He said, "As of now, 850 buses are plying. We will ply our full fleet of buses soon after consistency in occupancy."

from The Tribune

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