Financial Management Of Srtcs In India

The Subject Of Financial Management Of State Road Transport Is A Very Important One In The Context On The Role Of Public Undertakings In Development As Well As In Achieving Of The Objectives Of Planning. At A Time When Passenger Road Transport Undertakings Are Being Criticized For The Heavy Losses Due To Unprecedented Constraints And Crisis In Managing Their Financial Problems, It Is Necessary To Have Analytical Studies About The Financial Performance Of These Undertakings.The Purpose Of This Book Is To Evaluate The Financial Performance Of State Road Transport Corporations By Adopting Various Tools Of Analysis Such As Financial Ratios, Funds Flow Statements, Cost Of Capital, Capital Structure, Cost Effectiveness, Cost Fare Inter-Relationship, Etc. It Exhaustively Discusses Various Factors Affecting The Financial Performance Such As Capital Structure, Cost Fare Inter-Relationship, Material Efficiency, Tax Burden, Physical And Operations Performance, Profitability, Social Obligations, Etc. It Also Deals With The Inter-Firm Comparison Of Financial Performance Of Msrtc With Apsrtc And Gsrtc. The Comparison Has Been Done Through The Use Of Selected Indicators Of Financial Performance Such As Capital Structure Ratios, Liquidity Position, Cash Generation Ability, Material Efficiency, Etc. Hopefully, Conclusions Drawn Will Have Optional Utility For The Srtcs, Government Planners And Policy Makers.This Book Will Be Useful To The Researchers, Institutes Of Road Transport, Economists, Administrators, Planners, Government And All State Road Transport Corporations In India.