

Updated On: 23 July, 2024 08:14 AM IST | Mumbai | A Correspondent
It can use funds for equipment, loan repayment, renting new buses, daily expenses, bonuses, gratuity for staff

BEST has projected a deficit of about R1,601.80 crore in 2024-25. FILE PIC
The Brihanmumbai Electric Supply and Transport (BEST) undertaking has expressed the need for Rs 3,000 crore from the Brihanmumbai Municipal Corporation, but the latter has set aside Rs 800 crore for it in this financial year.
While presenting its budget for 2024-25 to the civic body in December 2023, the undertaking demanded Rs 3,000 crore in financial aid. This money would mainly be used to procure new buses. Municipal Commissioner Bhushan Gagrani told mid-day, “We have made provision of Rs 800 crore for the BEST in the civic budget of 2024-25. We already handed over Rs 530. Now we are giving Rs 132 crore as per our provision.”