The Bangalore Metropolitan Transport Corporation (BMTC) has bagged three Association of State Road Transport Undertakings (ASRTU) awards for the year 2009-10 and 2010-11.
The awards were given for minimum operational cost (without the element of tax) and urban services during 2009-10; maximum improvement in contribution towards secretarial rebate during 2010-11, and as the profit making state-run transport unit in urban service. The awards were conferred during the 56th annual conference of ASRTU in New Delhi on Monday.
Similarly, the Karnataka State Road Transport Corporation (KSRTC) bagged the ASRTU award for making highest profit of Rs 65.05 crore during the year 2010-11. Till 2000-01, KSRTC had a accumulated losses of Rs 328.45 crore. The Corporation, however has registered a surplus this year. This is KSRTC’s 35th award in the last three years.
ASRTU is a body under the Ministry of Road Transport and Highways, Government of India, consisting a representative body of 53 members from different states in the country.
