STATE TIMES NEWS
SRINAGAR: Minister of State for Transport, Sunil Sharma, on Thursday said that the Jammu Kashmir State Road Transport Corporation (JKSRTC) is going to introduce a new fleet of AC buses within two months under Private-Public Partnership mode which will offer world-class transport facility to people at affordable rates.
Winding up the discussion on demand of Grants for Transport Department in the Legislative Assembly, Sharma said JKSRTC is an important asset in the kitty of J&K Government and every step will be taken to revive its glory. “I assure this House that with the same set of people and same infrastructure, the Corporation which has run into losses for decades will see no losses during the financial year 2016-17. Under PPP mode, we have signed an MoU under which a fleet of top class AC buses will be introduced on different routes within two months,” said Sharma.
Detailing his vision before the House, Sharma said that Transport Department has also signed an MoU with J&K Bank under which new buses and trucks are being procured by JKSRTC.
Later, the House passed the grants of Transport, for the year 2016-17, which were moved by the Minister, amounting to Rs 93.02 Crore with voice vote.
