The Pune Mahanagar Parivahan Mahamandal Limited (PMPML) has been facing a significant financial deficit in recent years, with the operational deficit increasing from ₹99.40 crore in 2013-14 to ₹766 crore in 2024-25. This has put a strain on both the Pune Municipal Corporation (PMC) and Pimpri-Chinchwad Municipal Corporation (PCMC), as they have been providing financial aid to cover 60% and 40% of the deficit, respectively.
The key reasons for the deficit include rising staff salary expenses, increased bus rentals, and electricity costs. To tackle this issue, PMPML has proposed measures such as boosting ticket and pass sales, minimizing ticket leakage, deploying more buses on high-demand routes, and reorganizing routes with expert guidance.
The annual deficit has been on the rise, reaching ₹766.86 crore in 2024-25. This underscores the need for PMPML to implement cost-saving measures and improve service efficiency to reduce its financial dependency on the municipal corporations.
In an upcoming standing committee meeting, PMC will review the financial report submitted by PMPML. The pressure is on for the transport company to turn things around and become self-sufficient as originally planned. Stay tuned for updates on this developing story.
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