Motor Vehicles Dept Nets Rs 760 Crore Surplus; Jammu Kashmir RTC Also Posts Operating Surplus

   

JAMMU: Although pandemonium in the House prevented several questions from being discussed, key financial data laid before the Jammu and Kashmir Legislative Assembly in response to a query by Thakur Randhir Singh highlighted strong earnings from the transport sector during the ongoing financial year.

Follow Us OnG-News | Whatsapp
Public transport buses are parked inside Parimpora stand. KL Image: Bilal Bahadur
Public transport buses are parked inside Parimpora stand. KL Image: Bilal Bahadur

The Motor Vehicle Department (MVD) posted a robust revenue of Rs 782.67 crore between April 2024 and January 2025, while spending only Rs 20.23 crore during the same period—leaving a staggering surplus of over Rs 760 crore. The figures reflect the department’s high efficiency and minimal operating costs.

The Jammu and Kashmir Road Transport Corporation (JKRTC), though not as dramatically efficient, also recorded a healthy operating surplus. Between April and December 2024, it generated Rs 181.31 crore in revenue, against an expenditure of Rs 115.69 crore, ending the period with a surplus of over Rs 65 crore.

Despite not being discussed in the House due to disruptions, the figures reveal a promising financial trajectory for both entities, with revenue comfortably outstripping expenditure in both cases.

LEAVE A REPLY

Please enter your comment!
Please enter your name here