The annual expenditure of the State-run Delhi Transport Corporation (DTC), which operates the largest CNG fleet in the world, has gone up in the current financial year by Rs1,562 crore than the previous year.
The working expenditure of the corporation too has reportedly seen a jump of Rs1,085 crore this fiscal. The expenditure of the corporation has gone up despite the number of its buses going down from 5,200 to 4,300.
DTC buses trip has come down from on an average 16,000-18000 trip per day as per last year to 3000-4000 trips per day this year.
Figures accessed by The Pioneer show that the total expenditure of the DTC has gone up from Rs5,101.33 crore to Rs6,663.03 crore this year.
The expenditure includes the working loss of the corporation, which has reportedly also gone up from Rs1,019.36 crore to Rs2,194.38 crore this fiscal.
The increase in the working loss of the corporation is primarily being attributed to the provision of Rs1,024.83 crore the corporation had made on account of pension and other retirement benefits of its employees. The Government had spent Rs177.24 crore on pension and Rs847.59 crore as contribution of the DTC in respect of pensioners who would retire after May 31.
As far as salaries of its employees is concerned, the DTC has spent Rs2,367.99 crore this year than Rs1,329.55 crore it had spent in the previous year.
In all, the DTC is said to have recorded revenue loss to the tune of Rs4,000 crore in the last decade. The losses incurred by DTC in the fiscal year 2002-2003 was Rs792.02 crore, which surged to a whopping Rs2,914 crore in 2012-2013.