OSRTC Suffers Rs 45 Cr Loss In 2 Years: Minister Informs Odisha Assembly

OSRTC Suffers Rs 45 Cr Loss In 2 Years: Minister Informs Odisha Assembly

Bhubaneswar: The Odisha State Road Transport Corporation (OSRTC) suffered a loss of over Rs 45 crore in last two years as its annual expenditure exceeded the income, the state Assembly was informed on Thursday. This information was shared by Commerce and Transport Minister Bibhuti Bhushan Jena in a written answer to a question by Congress MLA Tara Prasad Bahinipati in the House. The Minister stated that OSRTC is currently operating total 388 bus…

OSRTC's expenditure more than income; faced over Rs 45 Cr loss in last 2 years: Odisha Minister

Bhubaneswar: The annual expenditure of Odisha State Road Transport Corporation (OSRTC) is more than income as it faced loss of over Rs 45 Crore in last two years.  This was revealed from a statement by Odisha Commerce & Transport Minister Bibhuti Bhushan Jena in a written reply to Congress MLA Tara Prasad Bahinipati in Assembly here today.  Answering to a question, the Minister said that OSRTC is currently operating total 388 buses on 260 routes…