Presented as a necessity by the Council of Ministers in order to get the public transport pass difficult and offset rising wages by 19%, the increase in the bus fare will be a great deal for operators.
Based on the accounts of bus companies for years available Registrar , the total amount paid to employees annually between 40% and 50% of sales, depending on the companies. Thus, with an income of Rs 610.7 million for the 2011-2012 fiscal year, United Bus Service Ltd. (UBS Ltd) had incurred a "staff cost" of Rs 307.3 million. A projection from the figures of 2012 and in a scenario where no other variable changes, UBS Ltd should collect Rs 73 million over the period 2013-2014, while the wage bill will increase by only Rs 46 million (15% in the first year), generating a surplus of Rs 27 million. For the second year, the surplus should be Rs 20 million and Rs 12 million in the third year.
The Triolet Bus Service Ltd. (TBS) has, meanwhile, achieved a turnover of Rs 461.4 million for a salary package of Rs 190 million. According to the same scenario, the windfall gains for the company are expected to be above the threshold of Rs 60 million by 2016. However, with the announced increase in the price of the ticket, bus operators fear a drop in passenger volume According to them, this will push the traveling public to organize and otherwise encourage illegal operators.
According Jaya Pillay, first director of the NTC, " the government should have done a study to identify the needs of the area before making a hasty decision. I am outraged by the way to the government and their insensitivity to the reaction of the people . " The former director of the NTC also speaks of injustice to those who have no other option but to travel by bus. " We must not forget that shipping is free for students, the elderly and the disabled. In terms of employees, they are reimbursed by the employer. This leaves 20% of travelers who will pay for the incompetence of some. This is totally unfair. But what do you want? There is not a department that works properly now , "he insists.