The 56 SRTUs across the country have suffered a combined loss of a staggering 17,000 crore rupees. Nearly a quarter of all SRTU buses are over-raged or older than 8 years. Public transport gets less than 1% of the annual budget for road transport in highways. While China has about 60 buses for every 10,000 people, India has a measly 4 buses that serve the needs of 10,000 folks.
Last week, there were reports that India’s plan of electrifying buses had hit a speed bump. Apparently, biggies like Tata didn’t turn up to bid for the project because of a big fear — they didn’t believe that state transport corporations would be able to pay them because of their poor financial condition.
And this got us thinking about the state of affairs of public bus transport in the country. So in today’s episode for May 1st 2023, we’ll talk about just that.
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