Free rides on odd-even week: DTC to lose Rs 9.5 cr


Team Udayavani, Nov 11, 2017, 10:09 AM IST

New Delhi: The Delhi government’s decision to allow free rides on DTC buses during the five days of the odd-even scheme in the city could lead to losses of about Rs 9.5 crore, officials said today.

Transport Minister Kailash Gahlot has announced that the Delhi government will allow free travel for commuters in all DTC and cluster buses from November 13-17, when the odd-even scheme will be implemented, to promote public transport.

According to latest data from June this year, the Delhi Transport Corporation (DTC), which has a fleet of nearly 4,000 buses, carries around 28 lakh passengers daily and earns Rs 1.88 crore per day.

Five days of free rides would amount to DTC losing about Rs 9.5 crore.

“This will an added burden on us as we are already making losses,” a DTC official said on the condition of anonymity.

According to CAG reports, the national capital’s public transporter has been steadily making losses with no addition of new buses.

The total loss for DTC in 2014-2015 was Rs.2,917.75 crore, the highest in the previous five financial years.

The operational loss of Rs 1,273.19 crore in 2014-2015 was also the highest in the previous five financial years.

From 2010-2011 till 2014-2015, DTC accumulated losses to the tune of Rs 11,962.09 crore, while operational losses in that period were Rs 5,022.05 crore, CAG said.

Over 1,600 buses operate under the cluster bus scheme, run by the Delhi Integrated Multi Modal Agency (DIMTS), a joint venture between the Delhi government and the non-profit organisation IDFC Foundation.

Though exact figures were not available, government figures show the cluster scheme also suffered losses in 2015- 16.

The cluster scheme buses earned Rs 283 crore as revenue in 2015-16. However, the expenditure was Rs 544.35 crore and the difference of Rs 260 crore was paid by the government.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

LPG tanker overturns on Coimbatore flyover in TN, officials avert major tragedy

Actor Allu Arjun granted regular bail in theatre stampede case by local court in Hyderabad

‘Medical seats can’t remain vacant’: SC asks Centre to hold talks with stakeholders

PM Modi likens AAP to ‘aapda’ for Delhi, calls for its defeat in polls

President Droupadi Murmu hails NIMHANS for its integrated medicine services

Periya twin murder: CBI Court sentences 10 to double life imprisonment

Bengaluru-Mysuru Infrastructure Corridor Project: Right to property a constitutional right, says SC 

Related Articles More

LPG tanker overturns on Coimbatore flyover in TN, officials avert major tragedy

Actor Allu Arjun granted regular bail in theatre stampede case by local court in Hyderabad

BPSC exam row: Protests continue to rock Bihar as demonstrators disrupt traffic movement

Will protect our interests: India on China’s plan to build dam on Brahmaputra

Chhota Rajan gang member on the run for 16 years arrested in Mumbai

MUST WATCH

Tulunadu Daivaradane

Feeding Birds with Creative Paddy Art!

Areca Nut

HOTEL SRI DURGA BHAVANA

Harish Poonja


Latest Additions

LPG tanker overturns on Coimbatore flyover in TN, officials avert major tragedy

Mangaluru: Illegal flexes and banners return to city streets

Actor Allu Arjun granted regular bail in theatre stampede case by local court in Hyderabad

BPSC exam row: Protests continue to rock Bihar as demonstrators disrupt traffic movement

Leopard sightings in Venur cause alarm; Forest officials install traps

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.