NMMT’s `289-crore surplus budget proposes more buses
ON THE CARDS Looks at starting service through contractors under PPP
The Navi Mumbai Municipal Transport (NMMT) has for the year 2016-17 prepared its annual budget that shows an income of Rs288,72,14,000, with a surplus of Rs5,21,000.
NMMT general manager Shirish Aradwad presented the budget to NMMT committee on Tuesday.
The transport body of Navi Mumbai Municipal Corporation (NMMC) has claimed that it has accomplished most of its plans laid out in the 2015-16 budget. It has however accepted that it faced a tough time managing its income and expense in the present financial year.
Hence for the coming year while preparing the budget, NMMT has taken care to ensure balance between the two.
In the revenue income category, it is expecting Rs 95,27,60,000 from passenger fare, Rs48,02,56,000 from bus service run through Public Private Participation (PPP), Rs 2,09,52,000 from advertisements and Rs 15.10 crore from other sources.
Under Capital income it has listed revenue of Rs5 crore from the commercial development of bus terminals, grant of Rs52 crore from NMMC and other income of Rs1.43 crore.
NMMT proposes to purchase additional buses in the coming year. It plans to spend Rs35 crore for it.
It has also set aside Rs62.27 crore for initiating bus service through contractors under PPP scheme, Rs5.85 crore for development of bus depot at Ghansoli, Rs17.12 crore on establishment and workshops, Rs5.41 crore for e-governance.
Aradwad said, “NMMT has for the past two years been working on starting buses using private contractors. It has proposed to start services in the next financial year.”
He added, “Our objective is to ensure that there is balance between the revenue of the transport body and the expense that is incurred from it. Through this we want to ensure efficient service to the passengers and improve the working of NMMT.”
Once the NMMT committee approves the annual budget, it will be presented to NMMC standing committee and the general body for final approvals.
NMMT was established by NMMC to provide efficient public transport service to the residents. In its 20-year history, the number of buses with NMMT has increased to 360. Of these 20 buses have been scrapped. Of the remaining 340, a maximum of 260 to 275 buses run on the road every day.
The transport body has been making losses in spite of starting many services. A few months ago, it had been making losses of more than Rs 2 crore every month.
It initiated the ‘All out day’ programme where it plied all its buses and urged commuters to use the public transport.
Recently, the NMMT introduced the first-ever online ticketing platform and WiFi service in a public transport undertaking.
Commuters can book NMMT bus tickets by using the Ridlr app on NMMT routes of 123 and 125. The service in the Volvo airconditioned buses was initiated on December 28.
The pilot project has been introduced on the two routes for 3 months. It will be implemented on other routes thereafter.
The move aims at upgrading the service and attracting more passengers to use the public transport. This will also earn the NMMT more revenue.