Bus operators hit by lockdown seek financial relief

  • Bus operators are also demanding that the Centre waives motor vehicle tax for six months besides deferment of EMI payments for the next 12 months.
Vehicles passing through the waterlogging Gurugram bus stand after the rains at the bus stand.
Vehicles passing through the waterlogging Gurugram bus stand after the rains at the bus stand.

Bus operators engaged in movement of people across the country on Tuesday requested the Central and state governments to release a financial package to save the sector from collapse after being hit hard by the COVID-19 enforced lockdown.

They also sought the Centre to waive motor vehicle tax for six months besides deferment of EMI payments for the next 12 months, Bus and Car Operators Confederation of India President, Prasanna Patwardhan said.

Also check these Vehicles

Find more Cars
Mahindra Ekuv100 (HT Auto photo)
UPCOMING
BatteryCapacity Icon40 kWh Range Icon150 Km
₹ 8.25 - 10 Lakhs
View Details
Porsche 911 Gt3 (HT Auto photo)
Engine Icon3996.0 cc FuelType IconPetrol
₹ 2.50 Cr
Compare
View Offers
Mahindra S204 (HT Auto photo)
UPCOMING
₹ 12 Lakhs
View Details
Lexus Nx (HT Auto photo)
Engine Icon2494.0 cc FuelType IconMultiple
₹ 64.90 - 71.60 Lakhs
Compare
View Offers
Rolls-royce New Ghost (HT Auto photo)
UPCOMING
Engine Icon6750 cc FuelType IconPetrol
₹ 6.95 - 7.95 Cr
View Details
Mercedes-benz Amg E53 Cabriolet (HT Auto photo)
Engine Icon2999.0 cc FuelType IconPetrol
₹ 1.30 Cr
Compare

"We have over 17 lakh operational buses on Indian roads, out of which, about 1.50 lakh buses are operated by various state transport undertakings. The remaining 15.5 lakh buses carry 30 crore passenger trips run by private operators," Patwardhan said in a statement.

Also Read : Daily fuel price hike may push up freight charges by 20%, say truckers)

Being a labour-intensive sector, the association requested the government to support and save the sector from a 'total collapse', he said.

"The fiscal relief sought will help the sector through these tumultuous times," he said.

Tamil Nadu Omni Bus Owners Association president Mohammed Afzal said due to lack of 'flow of funds', the industry has reached 'insolvency' and they were compelled to plead before the government to support the sector.

The officials requested reduction in state tax and cess on diesel for public transport sector vehicles for six months; an online access to interact with regional transport offices for payment of fees, documentation.

The association also sought insurance coverage to drivers during transhipment of essential goods.

First Published Date: 22 Jul 2020, 08:39 AM IST
NEXT ARTICLE BEGINS

Please provide your details to get Personalized Offers on

Choose city
+91 | Choose city
Choose city

Want to get the best price for your existing car?

Powered by: Spinny Logo
By clicking "View Offers" you Agree to our Terms and Privacy Policy
Dear Name

Please verify your mobile number.

+91 | Choose city
Couldn't verify the OTP.
It's either expired or it's incorrect.