Performance, Profitability and Cost Effectiveness of Bus Transport System in India: A Case Study on WBSTUs

Abstract

In this present scenario, emerging financial crisis is considered to be the biggest challenge for bustransport operators in West Bengal. In this paper we intend to analyze the financial performance and cost effectiveness of STUs like Calcutta State Transport Corporation (CSTC), North Bengal State Transport Corporation (NBSTC) and South Bengal State Transport Corporation (SBSTC) in West Bengal. We have also given an outline of other important STUs in India such as Maharashtra State Road Transport Corporation (MSRTC) and Uttar Pradesh State Road Transport Corporation (UPSRTC) to draw a comparative and meaningful analysis.