DTC's liabilities increase by Rs 37,000 crore in 5 years: CAG report

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The Delhi Transport Corporation's (DTC) liabilities rose from Rs 28,263 crore in 2015-16 to Rs 65,274 crore in 2021-22, as it incurred operational losses of more than Rs 14,000 crore during the same period, according to a CAG report tabled in the Assembly on Monday.

The report highlighted that the public transporter had not prepared any Business Plan or Perspective Plan, nor signed any MoU with the state government to set physical and financial targets to contain its working losses.

Delhi Chief Minister Rekha Gupta tabled the report on the functioning of the DTC for the year ending March 31, 2022, in the budget session.

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Category: BusinessFinance

Markets: India

Topics: DTC Liabilities CAG report Delhi Transport Corporation

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Published On: 2025-03-24 @ 17:28:18 (1 days ago)

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