DTC’s ₹60,750 crore debt trap: CAG report cites mismanagement for crippling Delhi’s public transport
- Posted on February 25, 2025
- By Business News Today
- 4 Views
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DTC’s ₹60,750 crore debt trap: CAG report cites mismanagement for crippling Delhi’s public transport
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The Delhi Transport Corporation (DTC) has suffered staggering financial losses, rising from Rs 25,300 crore in 2015-16 to nearly Rs 60,750 crore in 2021-22. A damning Comptroller and Auditor General (CAG) report highlights the impact of an ageing fleet, inefficient route planning, and an unchanged fare structure since 2009. The report also criticises missed opportunities for financial aid and failure to modernise fare collection and security infrastructure. The findings add to the ongoing political debate over the city's transport system.