‘DTC incurred losses of around Rs 3,506 cr in last fiscal’

DTC has incurred loss of around Rs 3,506 crore in last fiscal and is taking several steps, like plying of feeder buses on narrow roads, to bring it down, Delhi Transport Minister Satyendar Jain on Wednesday said.

To a question raised by AAP MLA Somnath Bharti in the Delhi Assembly, he said feeder buses will also improve last mile connectivity and will not cause traffic congestion on narrow roads. He also informed the House that PWD has been asked to build multi-level parking at Delhi Transport Corporation’s (DTC) 31 bus depots.

Jain said in 2015-16, DTC had incurred a loss of Rs 3,506.96 crore while during 2014-15, it was Rs 2,917.76 crore. In 2013-14, DTC had faced Rs 1,363.74 crore loss. “We have introduced e-ticketing machines in buses operated by DTC which will bring down the number of ticketless passengers and increase revenue. Besides, DTC will allow multi-level parking at its 31 bus depots which will also increase earnings,” the minister said.