Latest Placement Classifieds,Free Classified Ads,Buy Sell Classified Ads Market DTC losses mounted by Rs 35k crore in 6 years: CAG

DTC losses mounted by Rs 35k crore in 6 years: CAG

DTC losses mounted by Rs 35k crore in 6 years: CAG post thumbnail image

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.

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