The Hindu : BMTC cuts student bus pass rates

Online edition of India's National Newspaper
Monday, Jun 23, 2003

Southern States

Southern States - Karnataka

BMTC cuts student bus pass rates

By Our Staff Reporter

BANGALORE June 22. The Bangalore Metropolitan Transport Corporation (BMTC) will reduce the rates of student bus passes from July 1.

While the rate of the 10-month passes issued to technical and medical students has been brought down from Rs. 880 to Rs. 650, the passes for evening college students will now cost only Rs. 850 instead of Rs. 990.

The rate of the monthly passes issued to students studying up to the seventh standard has been already reduced from Rs. 6.50 to Rs. 3, the BMTC chairman, R.V. Devaraj, said in a press release.

As a safety measure, the BMTC has introduced a twin-benefit scheme for the student bus pass holders. Under a self-operated insurance scheme, in case any pass holder dies or becomes totally handicapped in an accident, he or his nominee will be eligible for an insured sum of Rs. 50,000.

Under the medical reimbursement scheme, if the pass holder is injured in an accident, he will be eligible to claim an amount of up to Rs. 10,000 on production of the relevant documents for having undergone treatment in identified hospitals.

Mr. Devaraj said the revenue from bus passes would now be reduced to Rs. 7.8 crores from Rs. 89.2 crores with the reduction in the rates. "There will be a loss of Rs. 81.3 crores on this count,'' Mr. Devaraj said.

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