Summary:
THANE: A bulk of the income earned by the Thane Municipal Transport (TMT) undertaking is taken up in paying salaries of the 2,200 staff . The undertaking that earned Rs 99 crore in 2017-18 has spent over Rs 100 crore in paying remunerations to its staff. The undertaking spends nearly Rs 106 crore that includes salary, medical benefits, pension schemes, uniforms for staff, etc.“Majority of the income generated by the transport undertaking seems to be lost in paying salaries for its employees. We hope to become self-reliant financially over the next few years,” said transport manager Sandeep Malvi Majority of the income generated by the transport undertaking seems to be lost in paying salaries for its employees. Nearly half of the fleet of the around 355 buses is never out on the roads rendering losses for the undertaking..