DTC losses mounted by Rs 35k crore in 6 years: CAG
The CAG reported that Delhi Transport Corporation's losses escalated from Rs 25,300 crore in 2015-16 to nearly Rs 60,750 crore by 2021-22 due to an aging fleet and inadequate bus services. Factors such as unchanged fares since 2009, free rides for women, and inefficient route planning contributed to the financial challenges.
The CAG reported that Delhi Transport Corporation's losses escalated from Rs 25,300 crore in 2015-16 to nearly Rs 60,750 crore by 2021-22 due to an aging fleet and inadequate bus services. Factors such as unchanged fares since 2009, free rides for women, and inefficient route planning contributed to the financial challenges. What's Your Reaction?
