Transport minister Bibhuti Bhushan Jena 
Odisha

Odisha government sustains Rs 374 crore loss in LAccMI scheme

Replying to a question from BJP MLA Bibhuti Bhusan Pradhan, the minister said losses amounting to Rs 374,08,58,055 was incurred in running the affordable bus service.

Express News Service

BHUBANESWAR: The state government has incurred loss of more than Rs 374 crore under the LAccMI (Location Accessible Multimodal Initiative) bus scheme, Transport minister Bibhuti Bhushan Jena informed the Assembly on Thursday.

Replying to a question from BJP MLA Bibhuti Bhusan Pradhan, the minister said losses amounting to 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 operating the buses across the state under LAccMI scheme during this period against an income of only Rs 25.03 crore,” he added.

In October 2023, the previous BJD government had launched the LAccMI scheme to establish a seamless public transport network from gram panchayats to the State Capital and allocated Rs 3,178 crore for three years from 2023-24 to 2025-26. The BJP government has renamed the scheme as ‘Mukhyamantri Bus Seva’.

Egg prices crash in Karnataka as export to Gulf region stops, demand drops

Seafood exporters wary amid West Asia crisis

LIVE | West Asia conflict: Trump says Iran ‘at end of line’, warns US can make rebuilding ‘almost impossible’

Wangchuk, preventive detention and the reach of State power

Shot fired at ex-J&K CM Farooq Abdullah from 'point-blank range', suspect held

SCROLL FOR NEXT