BEST Committee Member Seeks EOW Probe Into Chalo Bus Deal, Questions ₹50 Crore Subsidy & Revenue Share
Mumbai: A BEST committee member has sought a probe by the Mumbai Police’s Economic Offences Wing (EOW) into the financial and operational terms of the agreement between BEST and ‘Chalo Bus’, questioning whether the undertaking received adequate financial returns against the public resources extended to the private operator. ₹50 Crore Subsidy Questioned Raising the issue before the BEST committee,…
A BEST committee member has called for an Economic Offences Wing (EOW) probe into the financial and operational terms of the agreement between BEST and private operator Chalo Bus. Member Ajay Singh questioned the ₹50 crore subsidy provided for 100 electric buses, raising concerns over the projected revenue share of around ₹12 crore over 12 years, which he found substantially lower than the subsidy amount.
Singh highlighted potential financial irregularities and demanded an independent inquiry into the agreement's terms, particularly the transfer of the subsidy under the FAME scheme and the provision of parking space for Chalo's buses.
Brief written by urgent.news from Free Press Journal's own syndicated text. Machine-written — may contain errors; check the original before relying on it.