Transport utility defers bus fare hike till next month

Pune Mahanagar Parivahan Mahamandal Limited has deferred its plan to hike bus fare by a month.

Written by Express News Service | Published: July 17, 2012 1:31:11 am

Pune Mahanagar Parivahan Mahamandal Limited (PMPML) has deferred its plan to hike bus fare by a month. After receiving flak for the fare hike proposal,the transport body has now planned to recover its losses by seeking tax exemption from Pune Municipal Corporation and Pimpri Chinchwad Municipal Corporation (PCMC).

The decision was taken by transport body’s board of directors at a meeting on Monday.

The PMPML authorities had last week proposed a hike of Rs 1 in bus fares after it had claimed that the body was incurring a loss of Rs 1.2 crore every month.

“A decision has been taken to defer the price hike till the next board meeting. In the meantime,we will make efforts to get an octroi exemption from PMC and PCMC. If that happens,we will be able to save Rs 1.5-2 crore every month. We will also approach Deputy Chief Minister and guardian minister of Pune Ajit Pawar and try to get some additional tax discounts from the state government,” said Prashant Jagtap,one of the directors.

The decision was taken after some of the directors raised concern that a fare hike would result in transport body loosing its commuters to other modes of transport.

Jugal Rathi of PMP Pravasi Manch welcomed the decision and said it is likely that the civic bodies will give their nod for tax exemption.

“Of the ten directors on the PMPML board,four are from PMC and three from PCMC. If the board of directors have approved this proposal,it shouldn’t face any trouble in the civic bodies,” said Rathi,adding that if the plan is implemented,it will lessen the financial burden of the transport utility.

The board also approved the plan to set up CNG filling stations in all the ten PMPML depots in the city and in Pimpri-Chinchwad.

“Currently there’s only one CNG filling station in N T Wadi. Once all the ten depots have CNG stations,it will make the process smooth,” said Jagtap.

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