Nationalization: More in India
Page 35
If you've noticed an error in this article please click here to report it so we can fix it.
MATIONALIZATION of transport •
11 is continuing in various parts of India. A statutory state road transport corporation has been inaugurated at Santa Cruz, a suburb 10 miles north of Bombay. Bombay Government provided 75 per cent. of the capital and the Government of India the remainder.
The Province of Bombay has been divided into 14 divisions. Services in five divisions are being taken over in the first year of nationalization, five during he second year and four in the third. Altogether 2,000 vehicles will. be operated.
In Bihar, a Bill for the nationalization of road. transport has been passed without amendment. A joint-stock company is to be floated. Bihar Government will have .a controlling interest, but shares will be offered to the public.
In Pakistan, discussions have been taking place between the Central Government and Provincial Governments on the gradual nationalization of road transport under provincial control. The railways wilt participate financially in the scheme.
A Central Roads Organization • to co-ordinate the development of roads and road transport is to be set up in Pakistan.
A MOVE AFTER 341 YEARS
AF1'ER having been concentrated at Rushohne. Manchester, for 30 years, S. H. Bond, Ltd., has opened an extensive new bodybuilding works in the modern industrial zone of Wythenshawe. Modern plant has been installed throughout and the heating equipment is thermostatically controlled.