Restructuring at Gsrtc

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Reviving Gujarat State Road Transport Corporation: An Agenda for Action
N. Ravichandran M.V.N. Surya Prasad

W.P. No.2007-03-05 March 2007

The main objective of the working paper series of the IIMA is to help faculty members, Research Staff and Doctoral Students to speedily share their research findings with professional colleagues, and to test out their research findings at the pre-publication stage

INDIAN INSTITUTE OF MANAGEMENT AHMEDABAD-380 015 INDIA

IIMA

INDIA

Research and Publications

Reviving Gujarat State Road Transport Corporation: An Agenda for Action
N. Ravichandran1 and M.V.N. Surya Prasad2

Abstract

In this article, we examine in detail the reasons related to the declining operating and financial performance of Gujarat State Road Transport Corporation (GSRTC). The contribution of various environmental and

governance issues related to the decline of GSRTC are identified. Based on the diagnosis, a detailed revival plan consisting of a set of actions to be undertaken by the management is proposed. The responsibilities of the government, the management, and the employees in implementing the revival plan are briefly discussed. This article concludes with set of strategic priorities that need to be examined by government in reviving GSTRC and other similar state-owned public utilities.

1 2

Faculty, Indian Institute of Management, Ahmedabad PGP (2004-2006), Indian Institute of Management, Ahmedabad
W.P. No. 2007-03-05

Page No. 2

IIMA

INDIA

Research and Publications

Introduction
Gujarat State Road Transport Corporation (GSRTC) was formed in 1960 as an off-shoot of Bombay State Road Transport Corporation, with a purpose of providing an efficient transport facility to the travelling public of Gujarat state. Over a period of 45 years of its existence, GSRTC has recorded phenomenal growth on every physical…...

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