Abstract:
Transport is an important infrastructure in the economy of a country. The
commerce in the economy rests on the well-laid foundation of transportation. In India,
bus transport services were prevalent from the 1920s. The Road Transport
Corporation Act was passed by Parliament in 1950, in a move to nationalize
passenger road transport undertakings operating in various Indian states. Thus the
state road transport corporations (SRTCs) were formed.
Karnataka State Road Transport Corporation (KSRTC) pioneered the move of
splitting into smaller corporations that would improve physical productivity and
financial performance. Thus the genesis of Bangalore Metropolitan Transport
Corporation (BMTC), North Western Karnataka Road Transport Corporation
(NWKRTC) and North Eastern Karnataka Road Transport Corporation (NEKRTC)
took place.
All the four corporations have been analyzed with respect to their profitability
and capital efficiency, from which it is learnt that not all the corporations are doing
well continuously throughout the years.
The research aims at conducting a comparative assessment of the four
transport corporations to gauge their efficiencies.
The data envelopment analysis is adopted to calculate efficiency levels within
the corporations on a scale of 0 to 100 percent, with the help of a set of input and
output variables.
