The Bangalore Metropolitan Transport Corporation (BMTC) is planning to rearrange the metro feeder bus service that began on various routes to bring commuters to the newly opened Namma Metro in the city.
BMTC was ready with the feeder service even before the launch of the Metro operations. The civic body has deployed 60 buses on 24 feeder routes for the six metro stations at a frequency of 10 minutes. However, the after-launch results have not been attractive for the BMTC.
The busses have to make a collection of at least Rs. 5.5 lakh per day in order to recover costs but the collections have been only about Rs. 50,000, according to M. P. Prabhudas, Chief Traffic Manager (Operations), BMTC.
“At these rate of earning, we cannot continue the operations. This will reflect on our balance sheet also as we have suffered a loss of about Rs. 30 lakh so far. We are contemplating rationalising the routes as well as the frequency,” Mr. Prabhudas said.
Mr. Prabhudas said that the corporation has received feedback from the commuters on the service and will and will plan further on the basis of the feedbacks.
- Reportedly Pfizer and Allergan Considering a Combination
- Ted Cruz Unveils Flat Tax Plan, Says it will Spur Economic Growth
- Samsung’s Business Moving in the Right Direction; Quarterly Profits Surpass Estimates
- Feds December Rate Hike Agenda Pushes Dollar to 2-1/2-months High
- Comcast Corp Reports Gain in Q3 Revenue