Connect with us

CITIES

Change idiya? Less heard as UPI payments treble on Bengaluru Metropolitan Transport Corporation | Bengaluru News – The Times of India

Published

on

Change idiya? Less heard as UPI payments treble on Bengaluru Metropolitan Transport Corporation | Bengaluru News – The Times of India


Bengaluru: After the bus fare hike, there has been a surge in Bengaluru Metropolitan Transport Corporation (BMTC) passengers using UPI to buy tickets. UPI transactions skyrocketed from Rs 10.3 crore in Dec 2024 to a whopping Rs 35.5 crore by March 2025.
The fare increase, implemented in the first week of Jan this year, resulted in passengers facing the challenge of small change as most tickets were not in multiples of Rs 5 or Rs 10 as was the case earlier.
Before the hike, BMTC fares were rounded off – Rs 5 for the first two stages, Rs 10 for up to four stages, and Rs 15 for up to six stages. Post-hike, the fares now stand at Rs 6 for the first two stages, Rs 12 for up to four stages, and Rs 18 for up to six stages. The struggle was real, as passengers scrambled to provide the right amount, while conductors had their own battle in giving back the exact change. Considering the problem faced by passengers and conductors, the management of BMTC gave a major push for the usage of UPI in all buses.
BMTC now claims that close to 40% of bus tickets are bought using UPI transactions. As per the details shared by Bengaluru Metropolitan Transport Corporation (BMTC), in March, Rs 89.2 crore revenue (other than the Shakti Scheme) was generated from ticket fares, out of which Rs 35.5 crore was generated via UPI. In Feb 2025, Rs 83.4 crore was generated, of which Rs 29.4 crore was paid through UPI to buy tickets. In Jan 2025, out of Rs 83.7 crore fare generated, Rs 19.7 crore came via UPI.
In Dec 2024, Rs 33.1 lakh was paid through UPI on an average every day. The number doubled to Rs 63.4 lakh in Jan 2025, crossed Rs 1 crore in Feb and touched Rs 1.1 crore in March.
BMTC chief traffic manager (operation) GT Prabhakar Reddy said: “Three factors played a crucial role in the increased UPI transactions for buying bus tickets. First, ensuring that UPI transactions were accepted on all the operational schedules. Second, educating passengers and conductors about the ease of UPI transactions to avoid change issues. And third, monitoring daily transactions at the depot level. After the rise in UPI usage, disputes over change between passengers and conductors have significantly decreased. On the other hand, conductors are now dealing with less cash for issuing tickets, and cash remittances to banks have become easier.”
Rs 7 cr daily revenue
On an average, 7.8 lakh passengers buy tickets through UPI transactions daily. Every day, BMTC generates revenue of nearly Rs 7 crore, which includes tickets issued under the Shakti Scheme. Under the scheme, conductors issue zero-value tickets to women beneficiaries. In May, on an average, BMTC generated Rs 2.9 crore per day from non-Shakti scheme, which includes Rs 1.2 crore from UPI transactions.
FARE DEAL
Month
UPI Amount (in Rs crore)
Per day average (in Rs lakh)
Jan 2024
6.3
20.3
Feb
6.3
21.6
March
7.2
23.3
April
7.7
25.8
May
6.2
20.1
June
8.3
27.8
July
8.7
27.9
Aug
9.4
30.3
Sept
9.4
31.3
Oct
9.9
31.9
Nov
10.5
35.2
Dec
10.3
33.1
Jan 2025
19.7
63.4
Feb
29.4
104
March
35.5
114
Source: BMTC
Bengaluru: After the bus fare hike, there has been a surge in BMTC passengers using UPI to buy tickets. UPI transactions skyrocketed from Rs 10.3 crore in Dec 2024 to a whopping Rs 35.5 crore by March 2025.
The fare increase, implemented in the first week of Jan this year, resulted in passengers facing the challenge of small change as most tickets were not in multiples of Rs 5 or Rs 10 as was the case earlier.
Before the hike, BMTC fares were rounded off – Rs 5 for the first two stages, Rs 10 for up to four stages, and Rs 15 for up to six stages. Post-hike, the fares now stand at Rs 6 for the first two stages, Rs 12 for up to four stages, and Rs 18 for up to six stages. The struggle was real, as passengers scrambled to provide the right amount, while conductors had their own battle in giving back the exact change. Considering the problem faced by passengers and conductors, the management of BMTC gave a major push for the usage of UPI in all buses.
BMTC now claims that close to 40% of bus tickets are bought using UPI transactions. As per the details shared by Bengaluru Metropolitan Transport Corporation (BMTC), in March, Rs 89.2 crore revenue (other than the Shakti Scheme) was generated from ticket fares, out of which Rs 35.5 crore was generated via UPI. In Feb 2025, Rs 83.4 crore was generated, of which Rs 29.4 crore was paid through UPI to buy tickets. In Jan 2025, out of Rs 83.7 crore fare generated, Rs 19.7 crore came via UPI.
In Dec 2024, Rs 33.1 lakh was paid through UPI on an average every day. The number doubled to Rs 63.4 lakh in Jan 2025, crossed Rs 1 crore in Feb and touched Rs 1.1 crore in March.
BMTC chief traffic manager (operation) GT Prabhakar Reddy said: “Three factors played a crucial role in the increased UPI transactions for buying bus tickets. First, ensuring that UPI transactions were accepted on all the operational schedules. Second, educating passengers and conductors about the ease of UPI transactions to avoid change issues. And third, monitoring daily transactions at the depot level. After the rise in UPI usage, disputes over change between passengers and conductors have significantly decreased. On the other hand, conductors are now dealing with less cash for issuing tickets, and cash remittances to banks have become easier.”
Rs 7 cr daily revenue
On an average, 7.8 lakh passengers buy tickets through UPI transactions daily. Every day, BMTC generates revenue of nearly Rs 7 crore, which includes tickets issued under the Shakti Scheme. Under the scheme, conductors issue zero-value tickets to women beneficiaries. In May, on an average, BMTC generated Rs 2.9 crore per day from non-Shakti scheme, which includes Rs 1.2 crore from UPI transactions.
FARE DEAL
Month
UPI Amount (in Rs crore)
Per day average (in Rs crore)
Jan 2024
6.3
20.3
Feb
6.3
21.6
March
7.2
23.3
April
7.7
25.8
May
6.2
20.1
June
8.3
27.8
July
8.7
27.9
Aug
9.4
30.3
Sept
9.4
31.3
Oct
9.9
31.9
Nov
10.5
35.2
Dec
10.3
33.1
Jan 2025
19.7
63.4
Feb
29.4
1.1 crore
March
35.5
1.1 crore
Source: BMTC





Source link

CITIES

Railway Claims Tribunal gets new Member

Published

on

Railway Claims Tribunal gets new Member


K. Raveen Kumar Reddy, assumed charge as member (Technical), Railway Claims Tribunal, Secunderabad Bench on Wednesday (April 23, 2025).
| Photo Credit: BY ARRANGEMENT

Indian Railway Traffic Service (IRTS) officer of 1988 batch, K. Raveen Kumar Reddy, has assumed charge as member (Technical), Railway Claims Tribunal, Secunderabad Bench on Wednesday (April 23, 2025). The tribunal bench is a quasi-judicial institution established in the year 1989 to expeditiously settle disputes regarding the claims for refund of fares, freight charges and claims for compensation pertaining to accidents and untoward incidents in Indian Railways.

Mr. Reddy had earlier worked as additional member (Traffic & Transportation), Railway Board. During his stint in South Central Railway (SCR), he worked as principal chief commercial manager, chief freight transportation manager and was also divisional railway manager, Kharagpur division, South Eastern Railway, as per a press release.



Source link

Continue Reading

CITIES

Pahalgam attack: IPL players to wear black armbands, no fireworks and cheerleaders during MI vs SRH match today | Hyderabad News – The Times of India

Published

on

Pahalgam attack: IPL players to wear black armbands, no fireworks and cheerleaders during MI vs SRH match today | Hyderabad News – The Times of India


HYDERABAD: In a gesture of solidarity and mourning, players of Mumbai Indians and Sunrisers Hyderabad will wear black armbands during tonight’s Indian Premier League (IPL) match in Hyderabad, to mourn the victims of the terrorist attack in Pahalgam, Jammu and Kashmir, which claimed several lives and left many injured.
As a mark of respect, the match will not feature cheerleaders or fireworks, both common elements of the IPL’s celebratory atmosphere. The sombre mood reflects the collective grief felt across the nation in the wake of the attack.
Umpires will wear black armbands during match as a symbol of grief. A one-minute silence will also be observed.
Mufaddal Vohra also tweet read: “Players of MI and SRH and umpires will be wearing black armbands tonight. – A one minute silence will be observed. – No fireworks, cheerleaders tonight.”
IPL clash between Mumbai Indians and Sunrisers Hyderabad is scheduled to begin at 7:30pm at Rajiv Gandhi International Stadium.
The IPL clash between Mumbai Indians and Sunrisers Hyderabad is scheduled to begin at 7:30pm at Rajiv Gandhi International Stadium.
28 tourists killed in Pahalgam attack
The terror attack in Pahalgam on Tuesday resulted in 28 tourist fatalities and numerous injuries, displaying disturbing patterns. The incident took place at Baisaran meadow, a picturesque location situated 7km from Pahalgam that visitors can reach only by walking or riding horses.
Witnesses reported that six international militants, wearing Army uniforms as a disguise, reportedly demanded the victims to reveal their names and recite Islamic verses before firing at them from close proximity. The random shooting appeared to be aimed at identifying and attacking non-Muslim tourists, indicating religious targeting.
Lieutenant Vinay Narwal, a Navy officer stationed in Kochi, was amongst the casualties. He was holidaying with his new bride, having celebrated their wedding on April 16. The list of deceased also included two international visitors from Nepal and the UAE.
The incident occurred at 1:30pm in broad daylight, despite the presence of security forces in the vicinity. The attackers targeted tourists who were enjoying the beautiful landscape of pine forests and snow-capped mountains.





Source link

Continue Reading

CITIES

Madras high court dismisses Tamil Nadu govt, TASMAC’s pleas against ED raids | Chennai News – The Times of India

Published

on

Madras high court dismisses Tamil Nadu govt, TASMAC’s pleas against ED raids | Chennai News – The Times of India


The court granted the ED liberty to proceed based on the raids, which stemmed from allegations of financial irregularities and overpricing of liquor bottles, reportedly amounting to Rs 1,000 crore.

CHENNAI: The Madras High Court on Wednesday dismissed the pleas moved by the Tamil Nadu govt and TASMAC challenging the legality of raids conducted by the Enforcement Directorate (ED) in the offices of TASMAC.
A division bench of Justice S M Subramaniam and Justice K Rajasekar passed the order while granting liberty to the ED to proceed further on the basis of the raids.
The Tamil Nadu govt and TASMAC claimed that the ED searches were conducted without any jurisdiction in an arbitrary and high-handed manner.
TASMAC alleged that its officials and staff were harassed and subjected to human rights violations by the ED during the searches.
The ED, however, denied the allegations of TASMAC that its staff and officials were harassed and subjected to human rights violations during the raids.
According to the ED, the raids were conducted based on allegations against TASMAC that its officials engaged in overpricing of liquor bottles and other financial irregularities to the tune of Rs 1,000 crore.

KEY HIGHLIGHTS

  • The Madras High Court dismissed the petitions filed by the Tamil Nadu government and the Tamil Nadu State Marketing Corporation challenging the legality of the Enforcement Directorate’s raids.
  • The Enforcement Directorate claims the raids were based on allegations of financial irregularities and overpricing of liquor bottles amounting to Rs 1,000 crore.
  • TASMAC alleged harassment and human rights violations during the raids, which the Enforcement Directorate denied.





Source link

Continue Reading

Trending

Copyright © 2025 Republic Diary. All rights reserved.