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

Monday, 24 February 2025
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.

👓 View full article

0 shares	Share Tweet Save Post Send

💡 newsR Knowledge: Other News Mentions

Comptroller and Auditor General of India Comptroller and auditor general of India

CAG flags ‘embezzlement risk’ in Bihar: Where is Rs 70,877 crore? Report says no assurance funds used for intended purpose

The findings were part of the CAG’s report on State Finances for the year 2023–24, which was tabled in the state assembly on Thursday.
IndiaTimes 1 day ago

Delhi BJP CM Rekha Gupta Faces New Hurdle As CAG Report Reveals Rs 60,750 Crore Debt For DTC; Free Bus Rides For Women Add To Strain

The CAG report revealed that the Delhi Transport Corporation's (DTC) cumulative losses surged from Rs 25,300 crore in 2015-16 to nearly Rs 60,750 crore in...
Zee News on February 25, 2025