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Thread on State Transport Corporations of Tamil Nadu.
1.TNSTC buses carried 2 crore passengers a day in 2010-11.That number dropped by 2019 before Covid to 1.4 crore.During Covid it dropped to around 75 lakh per day. Post Covid,buses carry 50-60% of numbers they did 10 yrs ago
2.Number of buses operated has remained more or less the same over last 7-8 years at around 20000 buses
3.Number of staff has remained almost the same over last decade at between 122,000 to 126000.
4.Bus fares in TN are lower than neighboring states despite hikes in 2011 & 2018
5.Accumulated debt of STCs is now >33000 crore. Interest payment is >Rs.1800 crore/year.
6.Employees per bus ratio is 6.3 against National average of 5.5. In AP & Karnataka it is below 5. This means there are at least 16,000 more employees than there should be for no.of buses
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