Latest news with #Rs1500
Time of India
25-05-2025
- Business
- Time of India
Resolve issues before hiking fare: Commuters tell Pune transport utility
1 2 3 Pune: The city transport body is facing backlash from commuters over its decision to restructure and increase its bus fare from June 1. Passengers said Pune Mahanagar Parivahan Mahamandal Limited (PMPML) has failed to provide basic services and address issues such as buses not arriving on time and frequent breakdowns. As per the new structure, the minimum fare has been doubled from Rs5 to Rs10. The daily and monthly passes, which earlier cost Rs40 and Rs900, respectively, are now priced at Rs70 and Rs1500. "The revision of ticket pricing now aligns with kilometre-based stages to simplify fare calculations and operations," Kishore Chauhan, the public relations officer with the transport body, told TOI. At present, PMPML has a fleet of around 2,100 buses. Regular commuters said the fare hike is a burden without any benefits. Rahul Atmaram Mane, a resident of Camp, said, "If losses are a justification for PMPML to hike fares, they are on the wrong track. Almost all public transportation bodies in the world operate on losses. PMPML has been unable to provide a safe and comfortable service in the past several years. If there are little to no facilities, why are they increasing the fares in the guise of restructuring?" the working professional, who often commutes by bus, said. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Click Here - This Might Save You From Losing Money Expertinspector Click Here Undo Another commuter, Sheetal Balaji Sutar, said, "Basic issues like the timing of buses, cleanliness, rampant breakdowns, lack of bus shelters, etc., remain the same even after many years. Can the PMPML guarantee that all this will improve once the fare hike comes into play? Can they give it to commuters in writing?" A PMPML official said the fare hike was needed. "The transport body suffered an operational loss of Rs734 crore in 2023-24. The same increased three times since 2017-18. In 2017-18, the total operational loss stood at Rs204 crore. Also, the last time the PMPML saw a fare hike was back in 2014. In 2022, we proposed to hike the fare, but the board rejected the increase. The costs of diesel and CNG have increased, and so have the costs of the buses which we get from the manufacturers. People should support us in this," the official told TOI. The daily operational fleet is between 1,400 and 1,500 buses. The transport body needs at least 2,500 more buses, but the procurement process has been slow. Of the total 400 new CNG buses that were set to join the fleet by this month, only 192 have arrived so far. Also, PMPML has been awaiting new 160 e-buses for the last few months. Abhay Das, a Kharadi resident who shifted to travelling by his car, said, "Earlier I used to travel by bus two to three times a week, but now I have stopped taking the bus. It is not worth it. The fare hike does not make sense if facilities are not being provided." PMPML's daily average income is around Rs1.5 crore. Around 11 to 12 lakh passengers use the service each day. "We have lost customers. Earlier, we used to cater to around 13 lakh passengers daily. The fact is that we need more buses to cater to the passengers," another PMPML official said on the condition of anonymity. Last week, Aam Aadmi Party staged a protest against the fare hike at Swargate. Mukul Kirdat, state spokesperson of AAP, called the fare hike anti-commuter. He said the price increase puts a heavy financial burden on people with low-income groups. PMP Pravasi Manch's senior member Sanjay Shitole called the rise illegal. "We are writing a letter to the district collector, who is the head of the regional transport authority (RTA), asking him to intervene. PMPML's performance has worsened, and each day they are cancelling many trips. This is affecting more than 30,000 passengers. The hike will be a major burden on many people," Shitole told TOI.
Express Tribune
27-02-2025
- Automotive
- Express Tribune
FIRs to be registered against vehicles exceeding 150 km/h on motorways
Listen to article The National Highways and Motorway Police (NH&MP), under the directives of IGP Riffat Mukhtar Raja, has launched a crackdown on over-speeding, with violators facing hefty fines and FIR registration. Motorway Police spokesperson stated that vehicles exceeding 150 km/h on the motorway will be stopped immediately, with fines imposed and FIRs registered against violators. The speed limit on three-lane motorways is 120 km/h for cars, while public service vehicles are restricted to 110 km/h. Authorities have also highlighted the need for more effective speed monitoring on national highways to prevent accidents, with a focus on ensuring the safety barriers are in place to enhance road safety. In 2023, the Motorway Police raised fines for several traffic violations, including overspeeding, which increased from Rs750 to Rs2500. The fine for illegal overtaking is now Rs1500, up from Rs300, while driving without a license now incurs a fine of Rs5000, compared to the previous Rs750. Failure to give way to emergency vehicles, such as ambulances, is now fined at Rs1000, and negligent driving has seen a penalty increase from Rs300 to Rs1500. Additionally, the National Highway Authority (NHA) has imposed an extra toll tax on vehicles not using the M-Tag or having insufficient balance in their M-Tag accounts, effective from February 1. A notification issued by the NHA on January 31 stated that vehicles without M-Tag or with low balance would face a 25% extra toll tax.
Express Tribune
17-02-2025
- Business
- Express Tribune
Rs1500 prize bond draw winners for February 2025 announced
Listen to article The Rs1500 prize bond draw, conducted by National Savings, took place on February 17, 2025 at the National Savings Centre in Multan. The draw is one of the regular quarterly events organized by National Savings, which operates under the central bank of Pakistan. The prize bond scheme is considered one of the safest investment options in Pakistan, with the advantage that the principal amount is protected. Cash prizes are awarded to the winners of the draw, with first, second, and third prizes being distributed based on the results. The winners of the Rs1500 prize bond draw for February 2025 are as follows: First Prize (Rs3,000,000): 402432 Second Prize (Rs1,000,000): 814653, 543452, 764165 Third Prize (Rs18,500): 1696 winners Prize bond draws are held every three months, and while the odds of winning are relatively low, the high prize amounts continue to attract widespread participation. The prize bond scheme is regulated by the National Savings, which ensures the safety and transparency of the process. The full list of winners for the Rs1500 prize bond will be available on the official National Savings website after the official announcement. As for the tax obligations, according to government policy, the tax rate on prize winnings is 15% for tax filers and 30% for non-filers. Prize bond 2025 schedule On January 1, the National Savings Division released the schedule for the 2025 prize bond draws, including those for national and premium bonds. The upcoming draws are as follows: Rs. 1,500 Prize Bond Draws: February 17, 2025 (Monday) – Multan May 15, 2025 (Thursday) – Karachi August 15, 2025 (Friday) – Faisalabad November 17, 2025 (Monday) – Rawalpindi Rs. 750 Prize Bond Draws: January 15, 2025 (Monday) – Karachi April 15, 2025 (Tuesday) – Peshawar July 15, 2025 (Tuesday) – Rawalpindi October 15, 2025 (Wednesday) – Muzaffarabad Rs. 200 Prize Bond Draws: March 17, 2025 (Monday) – Faisalabad June 16, 2025 (Monday) – Quetta September 15, 2025 (Monday) – Multan December 15, 2025 (Monday) – Lahore Rs. 100 Prize Bond Draws: February 17, 2025 (Monday) – Rawalpindi May 15, 2025 (Thursday) – Sialkot August 15, 2025 (Friday) – Lahore November 17, 2025 (Monday) – Hyderabad
