Miscellaneous - This Day That Age   

dated March 8, 1958: Inter-State transport

An Inter-State Transport Commission will be constituted by the Central Government for the purpose of developing, coordinating and regulating operation of transport vehicles in areas common to two or more States. This was announced by Mr. Raj Bahadur, Minister for Shipping, in the Lok Sabha on March 7. The Commission would be constituted under the Road Transport Corporation Act, 1950. A provision of Rs. 10 crores already exists for the purpose of Railways’ participation in such an undertaking. In December last, he said, the Government of India had issued a letter to all State Governments informing them that with effect from April 1, 1958, assistance from the Centre whether by way of loans or grants would not be available to transport undertakings owned or managed by State Governments departmentally unless they were incorporated under one or other of the special enactments or as a company under the Indian Companies Act.

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