Odisha LAccMI Bus Scheme: Loss worth Rs 374 Cr in 10 months

Prameyanews English

Published By : Prameya News Bureau | August 22, 2024 9:45 PM

 LAccMI Bus Scheme

Bhubaneswar, Aug 22: The Odisha government has incurred a loss of at least 374 Cr in the  LAccMI bus scheme during the last 10-month operation, said Transport Minister Bibhuti Bhusan Jena told the Assembly on Thursday.

Replying to a query of BJP MLA Bibhuti Bhusan Pradhan, the Minister said losses amounting Rs 374,08,58,055 was incurred in running the affordable bus service between October 12, 2023, and August 19, 2024. 

“The state government spent Rs 399.12 crore on plying the buses across the state under LAccMI scheme during this period against of an income of only Rs 25,03,86,585,” said Jena.

In October 2023, the previous BJD government had initiated the LAccMI scheme to establish a seamless public transport network from gram panchayats to the state capital and allocated 3,178-crore for three years – FY 2023-24 to FY 2025-26.

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