PERFORMANCE EVALUATION OF PHYSICAL PARAMETERS (NON-FINANCIAL) OF STATE ROAD TRANSPORT CORPORATION - A STUDY WITH FOCUS ON NEKRTC

SUNITA RAMESH KATKE; Dr. Laxman Rajnalker

Volume : VI, Issue : IV, April - 2017

PERFORMANCE EVALUATION OF PHYSICAL PARAMETERS (NON-FINANCIAL) OF STATE ROAD TRANSPORT CORPORATION - A STUDY WITH FOCUS ON NEKRTC

Sunita Ramesh Katke, Dr. Laxman Rajnalker

Abstract :

It is usual to judge the performance of private sector units by the yardstick of net profit or loss; hence in their case maximization of the profit is the sole aim. This yardstick fails in the case of public sector undertakings, since they give more preference to attain other priorities which in the public interest. Due to this the performance of the public sector should not be judged by what they earn in the form of profits but by the total additions they make to the flow of goods and services in the economy. Thus instead of profits, the yardstick should be the total the sales value of the enterprises.