Cost Management Practices in Passenger Road Transport Undertakings in Karnataka

Abstract

Transportation plays a vital role in the economic development of a country.  In India, the cost of transportation is huge due to several reasons. The study is conducted from the cost management perspective with special reference to Passenger Road Transport undertakings in Karnataka state. The aim of the paper is to study the relationship between Operating cost and Total cost in the passenger road transportation of Public Sector undertakings and Private sector undertakings. 6 Passenger Road Transport Undertakings are selected for the study purpose. In Public sector KSRTC, NEKRTC and NWKRTC are selected and in Private sector operators are selected on the basis of the ownership, which are registered in the state as a Public Limited Companies before March 31st 2010, those are S.G.M.T,Co. Ltd. Sagara, Shivamogga Dist (1944) and VRL logistics Ltd, Hubballi. (1983) Transport in Co-operative Services (TCS-Sahakara Sarige) koppa, Chikkamagalur dist. (1991).