2 months after fare hike, MTC’s commuter base shrinks by 30%

Chennai | Friday | 30th March, 2018

Summary:

February saw 39,906 passes sold (revenue ?1.57 crore) and March saw 41,000 (revenue ?1.61 crore). The only saving grace for the MTC has been the monthly bus pass and ?1,000 pass segments. The suburban train services on all the four sections, with their lower fare and inexpensive monthly pass system, have been the principal beneficiary. The corporation’s customer base has shrunk by some 30%, leading to a dent in the hike in revenue. Share autos are filling the gap, especially where bus services are poor..