Funds being lavished on car-centric projects, why not on BEST: Experts

Thane | Wednesday | 9th January, 2019

Summary:

Vipul Thakker, a commuter, said, “We need at least 1,000 AC buses.” BEST panel member Ravi Raja said the state can subsidize BEST, which will help curtail losses and loans mounting to Rs 2,500 crore. BEST rendered valuable service to more than 45 lakh daily commuters a decade ago. Another expert said the state needs to invest in high-tech buses low on emission by providing viability gap funding (in which government provides grants to make up for losses). Revenue losses are being absorbed by the state. Unfortunately, this figure has dropped to 25 lakh today..