Amid the recent speculations that Brihanmumbai Electricity Supply and Transport (BEST) was going to raise its fares, BEST authorities have now released a statement that they wouldn't change the fares in spite of an estimated deficit budget in the financial year 2020-2021.
Also Read: Maharashtra Assembly Elections 2019: BEST Earns Hefty Revenue Through Advertisements
As the BEST had announced the revolutionary prices between ₹5-₹25 earlier this year, it experienced a surge in ridership of daily commuters by 12 lakhs but on the other hand it also reduced the earnings by ₹30 lakhs.
BEST on Tuesday, October 29 presented its budget for the financial year 2020-2021 which estimated a revenue deficit of ₹2,249.74 crores i.e. three times of the current financial year.
This year BEST has made many historic announcements along with the change in fares. It has introduced conductor-less bus on two routes in South Mumbai i.e. CSMT to Gateway of India and Churchgate to Nariman Point. Further, it introduced coin-swapping where a person can get change at their bus depots and has even increased the fleet of their midi and minibuses.
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