The record
Written from the 1 report below. Nothing here is unsourced.
- BEST, Mumbai's public transport undertaking, is in a deep financial crisis and has admitted it is borrowing funds just to pay monthly salaries, as its earnings are insufficient.
- Its committee has cleared a proposal seeking urgent financial assistance from the BMC and the state government, including wage revisions with retroactive effect from 2016, equal pay for wet lease contractual workers, and absorption of casual workers.
- These measures would directly benefit over 38,200 employees but add heavy burdens, including Rs 6,000 crore in arrears, Rs 53 crore per month for salary revision, and Rs 475 crore annually for contractual workers.
- The transport division already faces annual losses of Rs 2,500 crore, and BEST says fare revenue cannot cover the gap, making outside funding essential.
What to watch next
- Whether the BMC and the state government-appointed panel accept or modify BEST's financial assistance proposal
- Resolution of the retroactive wage revision from 2016, carrying an estimated Rs 6,000 crore arrears burden
- Implementation of 'Equal Pay for Equal Work' for around 9,000 wet lease contractual workers
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Named India · Brihanmumbai Municipal Corporation · BEST · Sonia Sethi
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