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BEST Attracts More Passengers But Experiences A Dip In Revenue After Reducing Fares

The total number of passengers who travelled by the BEST bus after the implementation of reduced fare prices was 1.7 million and the revenue generated was ₹2.12 crore.

BEST Attracts More Passengers But Experiences A Dip In Revenue After Reducing Fares
SHARES

Brihanmumbai Electricity Supply and Transport (BEST) had slashed down its prices and the tickets now cost as less as ₹5. This historic move came to effect from July 9 and since then, the BEST has experienced a 29 per cent rise in its ridership but has further seen a 31 per cent dip in its revenue. The total number of passengers who travelled on the BEST bus after the implementation was 1.7 million and the revenue generated was  ₹2.12 crore. 

Also Read: BMC Collects ₹5.19 Lakh Fine From Illegally Parked Vehicles

The move is the brainchild of Yuva Sena Chief Aditya Thackeray along with the Brihanmumbai Municipal Corporation (BMC) which aimed at increasing the ridership for BEST. It has received a positive response from the people as they're queuing up in large numbers to travel in a BEST bus. This move has not only affected commuters but has also made autorickshaw and taxi drivers to reduce their fares for shared transport. 

As per reports, the taxi union has asked the drivers to reduce their fares for share-cabs on the Dadar-KEM Hospital and on Kandivali station-Charkop route by ₹3. The former cost for a sharing cab from Kandivali station-Charkop was ₹15 which has now been reduced to ₹12. 

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