Road Transport Corporation Act, 1950

This comprehensive edition of the Road Transport Corporation Act, 1950 provides the full statutory text governing the establishment and functioning of State Road Transport Corporations across India. The Act lays down the legislative framework for creating autonomous transport bodies empowered to operate, regulate, and develop passenger road transport services in the public interest. Key provisions include the constitution and composition of transport corporations, delegation of powers, appointment and duties of managing bodies, capital structure, budgeting procedures, financial accountability, and corporate operational guidelines. The book includes updated amendments, relevant state adaptations, and well-structured headings for easy reference. It explains the statutory powers of corporations to acquire assets, operate transport services, enter into contracts, raise capital, and implement state transport schemes. This edition serves as a practical guide for professionals involved in road transport policy, administration, infrastructure planning, and public transportation management. Presented in clear, accessible language, the text is ideal for academic study, professional reference, and official use by government agencies and State Transport Undertakings (STUs). This volume is an indispensable resource for understanding the legal foundation of India’s public road transportation framework.