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Punjab transport department records 10.91% revenue growth in 2024: Bhullar

December 31, 2024 07:11 PM
 Punjab transport department records 10.91% revenue growth in 2024: Bhullar

Punjab Newsline, Chandigarh, December 31-

Punjab Transport Minister Laljit Singh Bhullar, on Tuesday, said that the transport department achieved a substantial increase of Rs.349.01 crore in revenue during 2024 compared to the previous year.

He said that department's three wings- the STC office, PRTC and Punjab Roadways/PUNBUS - collectively generated revenue of Rs.3546.29 crore as compared to previous year revenue of Rs.3197.28, marking a 10.91 percent growth.

Breaking down the performance of the three wings, Bhullar informed that the STC office's revenue surged from Rs.1,855.79 crore to Rs. 2,126.53 crore, representing a significant increase of Rs.270.74 crore, which becomes 14.59 percent increase. The PRTC also demonstrated growth, with revenue rising from Rs.892.45 crore in 2023 to Rs.900.98 crore in 2024, an increase of Rs.8.53 crore, he added.

While sharing the details of Punjab Roadways/PUNBUS revenue, Bhullar said, the Punjab Roadways/PUNBUS had received Rs.449.04 crore in the year 2023, and the revenue has further increased to Rs.518.78 crore during the year 2024. He said that Rs.69.74 crore increase amounts to 15.53 percent.

He said that the government launched the 'Mukh Mantri Teerth Yatra Scheme' on November 27, 2023, coinciding with Sri Guru Nanak Dev Ji's Prakash Purb. .

 

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