Ashok said the BMTC had proposed to build a hotel near Bangalore International Airport and also a bus terminus to provide facilities to the passengers who arrive late in the night.
“KSRTC and BMTC have registered profits of over Rs 65 crore and Rs 50 crore respectively during the past financial year,” the transport minister said.
For the full report in the New Indian Express, click here.
What do you record (not make - check this) profits for? To blow up, right! So far it was the milking of JnNURM in the name of the TTMC's (check this). Now it's back to home grounds.
So, even as BMTC is onto 'vertical integration' - real estate, malls, now hotels, etc, in real corporate style, what is the state of their core business, where they enjoy a monopoly? This recent report in the Deccan Herald says a lot.
The answer very clearly as a commentator has put is "PIL must be raised to introduce private bus services". For more on that, click here.