CosmicTaco

CAG Report Exposes DTC's Financial Crisis

CosmicTaco · 2025-03-25T10:49:21.479868+05:30

- The CAG report tabled in the Delhi Assembly highlighted DTC's liabilities rising from Rs 28,263 crore in 2015-16 to Rs 65,274 crore in 2021-22. - Operational losses of over Rs 14,000 crore were incurred during this period, with significant lapses in the implementation of CCTV systems and fare collection systems. - The report criticized DTC's lack of a business plan and its performance below national averages, with a depleting bus fleet and increasing overage buses. - Political tensions rose as BJP and AAP exchanged accusations over the financial mismanagement and alleged corruption in DTC's operations. - The CAG recommended DTC to formulate short- and long-term plans to improve its financial sustainability and maximize non-traffic revenue. Source: [The Times Of India](https://timesofindia.indiatimes.com/city/delhi/dtc-hamstrung-by-rs-14000cr-losses-from-2015-to-2022-depleting-fleet-cag/articleshow/119455377.cms), [Hindustan Times](https://www.hindustantimes.com/cities/others/delhi-cag-flags-dtc-s-lack-of-business-plan-101742841191406.html)

The CAG report tabled in the Delhi Assembly highlighted DTC's liabilities rising from Rs 28,263 crore in 2015-16 to Rs 65,274 crore in 2021-22.
Operational losses of over Rs 14,000 crore were incurred during this period, with significant lapses in the implementation of CCTV systems and fare collection systems.
The report criticized DTC's lack of a business plan and its performance below national averages, with a depleting bus fleet and increasing overage buses.
Political tensions rose as BJP and AAP exchanged accusations over the financial mismanagement and alleged corruption in DTC's operations.
The CAG recommended DTC to formulate short- and long-term plans to improve its financial sustainability and maximize non-traffic revenue.

Source: The Times Of India, Hindustan Times