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Kerala State Road Transport Corporation
This paper is a modified version of the MA dissertation submitted to the Indian Institute of Technology Madras by Sreelakshmi P. The authors gratefully acknowledge the helpful comments and suggestions from an anonymous referee, which helped them to Improve the paper. The authors are also grateful for the various comments they received during the review meetings of the project.
This paper attempts a depot-wise efficiency analysis of the Kerala State Road Transport Corporation and its regional variations for the period 1988–97 using the data envelopment analysis methodology. It then links the findings to the KSRTC’s overall financial position for the subsequent period from 2003–04 to 2014–15. The study finally concludes that the day-to-day operational position of the KSRTC can be substantially bettered if it can utilise its prevailing efficiency improvement potentials to some extent.
State Road Transport Undertakings (SRTUs) owe their origin to the Road Transport Corporations Act, 1950. Currently, there are 54 SRTUs in India, providing connectivity to people across rural and urban areas. SRTUs collectively operate 0.15 million buses and serve 70 million passengers, generating on average 1,480 million passenger kilometres each day. Public road transport corporations are instrumental in providing a low-cost alternative mode of transport to the people. Being a more economical alternative to the other modes of transport, they successfully fulfil some social obligations and simultaneously provide efficient, economic, safe and reliable public transport facilities across the country.