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Income down by 90%, PRTC seeks 210-cr dues from govt

Patiala After the daily income of Pepsu Road Transport Corporation (PRTC) took a 90% dip, the corporation has approached the Punjab government to get back its dues

Published on: Jun 13, 2020 07:18 PM IST
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Patiala After the daily income of Pepsu Road Transport Corporation (PRTC) took a 90% dip, the corporation has approached the Punjab government to get back its dues worth over 210 crore to meet its committed expenditure, including salaries and pensions.

HT Image
HT Image

The state government owed PRTC the said money against the free and concessional facilities being provided by the PRTC, mainly to police personnel and students.

Amid the transport restrictions since March 18, the PRTC daily income dropped from 1.40 crore to 15 lakh. Though the PRTC resumed its services on May 20, but it is running only 150 of a fleet of 1,045 buses on select routes. The corporation has failed to pay last month’s salary and pension to over 10,000 current and former employees as it requires 19 crore per month for the same.

Nirmal Singh Dhaliwal, convener of trade unions linked with PRTC, said it was a sad state of affairs that the government and transport department had orphaned the PRTC in these hard times.

PRTC managing director Jaskiran Singh said the case related to clearing 200 crore has already been submitted to the state government. “We are already holding meetings with top officials of transport department so as to get immediate financial relief for clearing of committed expenses,” he said. Singh said they expect to clear payments to employees in the coming week.

The corporation faced a loss of 51 crore in the first 60 days of the lockdown, with average daily loss pegged at 85 lakh.

 
ABOUT THE AUTHOR
Navrajdeep Singh

Navrajdeep Singh is a senior staff correspondent. He covers agriculture, crime, local bodies, health and education in the Patiala district of Punjab.

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