NTC: privatization is the only solution
25 Mai 2011
Really, nothing goes in the National Transport Company (NTC). Given the debts it has accumulated in recent years, the state plans to privatize it to make it more profitable. A chart prepared by the NTC is examined by the Ministry of Public Infrastructure and domestic transport.
The plan contains several elements according to information gleaned from authoritative sources, but the government opted for privatization seriously the body but for that you will review the NTC Act.
This is not a private company to 100% but it could be 60-40 or 51-49, and the government will always control within the organization and will intervene when it considers that there is abuse on employees.
The government will move quickly with this project. The plan is reviewed by a technical committee. The board and administration work together for sustainability. We are told that we should not have a schedule to control the NTC because this complex is not a department but it takes a good vision for it to work. The company, which will invest in the organization will have the money to upgrade the bus. In the package that the government is also proposing the building at Ebony who is not yet occupied. Its current value is estimated at Rs 125/150 M.
The NTC has the largest fleet with 525 buses but 70% of its existing routes are not profitable. She has a social purpose and is the main reason they serve unprofitable routes. With privatization, this will be a thing of the past.There is also the ratio in all the bus companies is that for five buses, there are seven drivers and seven recipients, as gold is not the case with the CNT. A simple calculation indicates the need for 735 drivers and the same number of recipients. The organization has 2,500 employees when it should be only 1500. The company's cash income of Rs 63 M. But she disbursing Rs 40 million for salaries and Rs 31 million for diesel and Rs 7 / 8 M for spare parts. The minimum losses, month after month, revolve around Rs 15 M.