SRTC REVENUE UP 51 PC AT RS 83 CR

Corporation employees to get 20 pc DA

GK NEWS NETWORK

Jammu, Feb 1: The employees of J&K State Road Transport Corporation will be provided 20 per cent Dearness Allowance prospectively. This decision was taken at the 70th Board of Directors’ Meeting of the Corporation here today.
 Minister for Transport, CAPD, Choudhary Muhammad Ramzan was in the chair. Minister of State for Transport Dr Manohar Lal Sharma was also present in the meeting.
 The instalment of DA was released prospectively keeping in view the encouraging revenue generation by the Corporation during last fiscal, an official statement said.
 Reviewing the performance of the Corporation, it was informed that the Corporation has earned revenue of Rs. 83.43 crore during 2011-12 against Rs. 55. 26 crore in 2010-11 registering growth of 51 per cent.
 The meeting also adopted Group gratuity Scheme for the employees of the Corporation through LIC of India, compassionate appointment in favour of dependents of J&K SRTC employees who died in harness on case to case basis and execution of works for providing better amenities to the convenience of both general public, tourists and its employees at various locations in the State.
 The Board appreciated the liquidation of accumulated liabilities of the corporation by Rs 33.45 crore during 2011-12 and 2012-13.
 Speaking on the occasion, Ramzan asked the employees of the corporation to work hard for making it a viable corporation. The Minister asked them to ensure safe and efficient bus services to commuters and tourists besides timely transportation of food grains to every nook corner of the state.

Lastupdate on : Fri, 1 Feb 2013 21:30:00 Makkah time
Lastupdate on : Fri, 1 Feb 2013 18:30:00 GMT
Lastupdate on : Sat, 2 Feb 2013 00:00:00 IST




  • del.icio.us
  • StumbleUpon
  • Digg
  • TwitThis
  • Mixx
  • Technorati
  • Facebook
  • NewsVine
  • Reddit
  • Google
  • LinkedIn
  • YahooMyWeb
  • Print News

Enter the Security code exactly as you see it in the image security code is CaSe SeNsItIvE(Cookies must be enabled)
  • MORE FROM BUSINESS

  • Kashmir

Hurriyat (G) opposes 55-day Amarnath Yatra

‘It’s Offensive; Hold Pilgrimage On Gangotri Pattern’

GK NEWS NETWORK

Srinagar, Feb 1: Hurriyat Conference (G) led by Syed Ali Geelani Friday opposed the Shri Amarnath Shrine Board’s (SASB) 55-day Yatra schedule, saying the move is offensive and that the Hurriyat will discuss More



  • Srinagar City

Taj for speedy completion of Super Specialty hospital

Srinagar, Feb 1: Minister for Medical Education, Taj Mohi-ud-Din today directed  immediate completion of Super Specialty hospital at Srinagar. Chairing a joint meeting of medical faculty and More




  • Jammu

Govt refers newly sanctioned posts to PSC

RECRUITMENT OF ASSISTANT PROFESSORS

GK NEWS NETWORK

Jammu, Feb 1: Bringing an end to long wait of aspirants, the government has finally referred the posts of Assistant Professors to Public Service Commission (PSC) for recruitment. Sources said that More



  • South Asia

22 killed in blast near Masjid in northwest Pakistan

PRESS TRUST OF INDIA

Islamabad, Feb 1: A suicide bomber blew himself up outside a Masjid in Pakistan's restive northwest today, killing 22 people and injuring over 50, officials said. The attacker detonated his explosives More



  • World

'China's take over of Gwadar port not aimed at encircling India'

PRESS TRUST OF INDIA

Beijing, Feb 1: China's take over of Pakistan's strategic Gwadar port is not aimed at "encircling" India, but the move is crucial to the country's economic interests as it gives western China access to More



  • GKeducation&Careers

SUCCESS STORIES

After outshining boys in the merit list of recently announced class 10thresults, girls have yet again excelled by topping in the recently declared class 12th annual board results. Out of the thirty students More



ADD
Designed Developed and Maintaned By Imobisoft Ltd /Algosol Software Solutions