Saturday, January 11, 2025
spot_img

MTC running into losses

Date:

Share post:

spot_img
spot_img

SHILLONG: Transport Minister HDR Lyngdoh informed that the Meghalaya Transport Corporation (MTC) is running at a loss in its venture to ply buses across the State besides Guwahati and Silchar.

“The expenditures are more than the receipts,” Lyngdoh said while replying to a question raised by Embhah Syiemlieh during the Autumn Session of the Assembly here on Thursday.

Lyngdoh informed that the total annual receipt of the MTC is Rs 79.91 lakh against an annual expenditure of Rs 107.5 lakh.

While replying to a supplementary question raised by NPP legislator James K Sangma, the Transport Minister admitted that there are outstanding dues which have to be paid to the employees of the Corporation.

spot_img
spot_img

Related articles

Secretariat shifts to Sohra for maiden cabinet retreat

From Our Reporter SOHRA, Jan 10: In a first, the Meghalaya government has introduced the concept of “cabinet retreat”. The...

Conrad scotches rumour on Land Transfer Act dilution

From Our Reporter SOHRA, Jan 10: The state government on Friday categorically denied any amendment to the Meghalaya Land...

Cabinet hikes wages, announces Rs 100-cr CM Assure for farmers

From Our Reporter SOHRA, Jan 10: The Meghalaya Cabinet, chaired by Chief Minister Conrad K Sangma, announced a series...

No trafficking of B’deshi women through M’laya: BSF, state police

By Our Reporter SHILLONG, Jan 10: The BSF Meghalaya Frontier and the state police have denied any reports about...