MUMBAI
The PMPML management has said its total annual income is Rs418. 53 crore and expenditure Rs432.40 crore, and hence it incurred a loss of Rs13.87 crore.
The Pune Municipal Corporation’s (PMC) standing committee chairman, Ganesh Bidkar, on Monday claimed that the Pune Mahanagar Parivahan Mahamandal Ltd (PMPML) was in profit despite the claims of the management.
The transport utility should start new routes by acquiring more buses, he said. Bidkar, who is also a director of the PMPML, was speaking to reporters after the meeting of the board of directors of the transport utility.
He said the PMPML management has said its total annual income is Rs418. 53 crore and expenditure Rs432.40 crore, and hence it incurred a loss of Rs13.87 crore.
However, Bidkar added that despite claiming such a loss, the PMPML management has put up a proposal to deposit Rs8.5 crore in the bank. Also, it has not mentioned income on account of sale of scrap.
“The PMPML management has shown depreciation of Rs30.84 crore, but it is only in the books and not in reality. Considering all these factors, it is clear that the PMPML is in profit,” he claimed.
He said there is a dispute about buying new buses. The PMC standing committee decided earlier that only buses with doors on the left should be bought. A senior officer of the Central government is of the opinion that there should be level boarding for bus rapid transit system (BRTS) buses in the city and hence buses with doors on the right should be bought.
The board of directors asked the PMPML management to furnish a report within eight days about how the buses should be procured.
Meanwhile, the general body meeting of the PMC on Monday, saw independent corporator Ujwal Keskar raising the issue of the
BRTS.
Municipal commissioner Mahesh Pathak said in a reply that the buses for BRTS in the city have doors on the left with bus stops on that side.
But according to a senior Central government official overseeing the implementing of the BRTS project, with such buses there was a compromise as the doors have to be on the right and there should be level boarding for passengers.
Pathak said the new fleet of 100 buses would be introduced for PMPML in the first phase by December.
Delhi: All primary schools closed, classes shifted to online mode due to rising pollution levels
BIG trouble for Anil Ambani, criminal charges against his Rs 14422 crore company over...
Bhool Bhulaiyaa 3 producer calls Singham Again team 'unfair' after the box office win
From Play to Pay, Gaming Is Big Business And A Genuine Professional Prospect
Leasehold vs Freehold: Exploring Options for Expats and Investors in Dubai
Mukesh Ambani's Reliance, Disney complete Rs 70352 crore media merger, to be headed by...
Badshah lands in legal trouble, case registered against rapper for...
GRAP III imposed in Delhi: What is allowed, what is banned amid 'severe' air quality
'Throwing me in deep end': Ricky Ponting takes fresh dig at Gautam Gambhir over Virat Kohli remarks
Revolutionizing Inventory Management in the Cloud Era: Pradeep Kumar’s Strategic Innovations
Delhi: AAP's Mahesh Khichi elected mayor as party defeats BJP in MCD polls
Delhi Air Pollution: GRAP 3 to be imposed in national capital from Nov 15, strict ban on...
WATCH: Inside Rinku Singh's Rs 3.5 crore luxurious house with rooftop bar, private pool
Renowned Yoga Guru Sharath Jois passes away at 53 after suffering heart attack
NASA alert! Giant 'God Of Chaos' asteroid set for close approach to Earth, may trigger astroquakes
UPPSC protest BIG update: RO-ARO exam postponed, PCS prelims to be held in one day
This man earned more money than Mukesh Ambani and world's richest man Elon Musk in one day, he is...
'World's best....': Japan vlogger's reaction to Bengaluru airport goes viral
Sania Mirza named Sports Ambassador of THIS city, not Delhi, Hyderabad, Jaipur
Shloka Mehta turns heads in sleek white gown at Tira store launch, see pics
Amid Abhishek Bachchan and Aishwarya Rai divorce rumours, Jaya Bachchan surprises everyone with...
IND vs SA: Arshdeep Singh goes past Bhuvneshwar Kumar to become Indian pacer with most....
Mukesh Ambani, Isha Ambani’s luxury retail chain opens new store at...
PM Modi to receive Dominica’s highest national award for...
Shraddha Kapoor says people with big foreheads are…
'Busy making...': Kanhaiya Kumar sparks row with remarks on Devendra Fadnavis' wife; BJP hits back
'Full baarati vibes': Vietnamese man's epic 'nagin dance' steals show at Mumbai event
Tilak Varma credits THIS player for his century against South Africa, says 'He gave me...'
UPSC IFS Mains Admit Card 2024 to be released today at upsc.gov.in, check direct link to download
'Be prepared for...': Rupali Ganguly's stepdaughter Esha Verma REACTS to Rs 50 crore defamation case
Saudi, Iran: Cautious dance toward détente?
Anushka Sharma shares glimpse of Children’s Day special dish for daughter Vamika, son Akaay
Jaw-dropping! Man wraps massive green anaconda around his shoulders, internet says...
Donald Trump plans to end Russia-Ukraine war with THIS move, is expected to 'soon' appoint...
As pollution worsens in Delhi with AQI at 'severe' level, experts at COP29 urge India to...
SDM Assault Case: 60 people arrested in Rajasthan's Tonk
Veg thali cost more than non-veg thali in October, here's why
Land drug trafficking patterns in North-Eastern Region
Shillong Teer Result November 14, 2024: Know updates on lucky winning numbers
Mukesh Ambani's SUPERHIT offer for Jio users: Get unlimited validity for 84 days at just Rs...
Delhi air quality dips to 'severe' category as AQI nears dangerous...
Bigg Boss OTT-fame Bhojpuri actress Akshara Singh receives extortion threat
‘All I do is…’: After Arjun Kapoor confirms breakup with Malaika Arora, her cryptic video goes viral