PRTC meaning in Business ?

PEPSU Road Transport Corporation (PRTC), is a bus operator in Punjab state of India, is a state-run corporation headquartered at Patiala. Originally, it was formed as the Road Transport Corporation of the erstwhile state of PEPSU but when it was merged into Punjab, it became the Road Transport Corporation of whole of Punjab. Later in 1966, when Haryana and Himachal were carved out of Punjab, they formed their own Road Transport Companies. It has a fleet of 1142 buses.The PRTC (Pepsu Road Transport Corporation), Patiala was set-up on 16th of October, 1956 under the provision of the Road Transport Corporations Act, 1950 with a view to provide efficient, adequate, economic and properly co-ordinated operation system of Road Transport Services in the State. It commenced passenger transport operations with a meagre investment of ₹ 25.00 lacs and the fleet of 60 buses covering 11,107 daily scheduled kilometers on 15 routes with 345 employees. At present, the PRTC had owned 1142 ordinary buses, 600 routes (including inter-state routes) covering a daily mileage of 349928 kilometers. It has 3,993 employees of which 1022 are regular. PRTC has 9 depot and 15 bus stands across the Punjab located at Patiala, Bathinda, Kapurthala, Barnala, Sangrur, Budhlada, Faridkot, Ludhiana, Chandigarh and Special Cell of KM Scheme at Patiala.Sardar Manmohan Singh Sathiala held the post of Chairman of PRTC form 2000-2002 and introduced Kilometre scheme, initiated GPS system on its buses and built bus stand at historic city of Talwandi Sabo.