Mumbai: The best committee member Sunil Ganacharya was disclosed at a budget meeting on Monday that the bus business had more obligations than Rs 10,000 Crores up to 2023.
The body of the gas hunger transportation has shown a loss of Rs 2,230 Crore in its budget for 2022-2 23.
“When we checked costs, Loans, and other obligations, we were surprised to learn that the obligation would exceed Rs 10,000 Crores until March 2023, “said Ganacharya.
He said that the accumulation of the best losses stood at the 4,200 crore Rs which apart from loans taken by the business of 1,400 crore (until September this year).
He said that the best had 2,500 extraordinary crores that had to pay several companies, in addition to RS 900 Crore tax obligations and the delayed amount of RS 600 Crore must be paid for the procurement of power.
“This has also received Rs 406 Crore from BMC to payment money.
But this is another loan and we have to pay for the flower that will be close to Rs 50 Crore.
With so much accountability in our head, how we will overcome losses,” he asked.
Ganacharya questioned contracts such as cellular ticket systems, they for energy generation and for ITMS (smart transportation management system), by saying “We haven’t seen big results on the ground.” -Somite Sen.