2013-14 - TNAU Agritech Portal

34
also improved. As the accumulated losses of the State
Transport Undertakings (STUs) are still very high, it is
necessary to address this issue in a comprehensive way. This
Government has decided to constitute a High Level
Expert Committee to suggest measures to improve the
operational efficiency of various STUs.
Shouldering the Burden
83. The unpleasant legacy of unbearable financial
losses of STUs was reversed by this Government by an
unavoidable fare revision. Unfortunately, the frequent hikes in
diesel price and the unjust and regressive dual pricing policy of
the Central Government on diesel have plunged the finances
of STUs back into a crisis. This Government had provided
Rs.200 crores during 2012-2013 to absorb the additional fuel
costs of STUs without passing the burden to the common man.
To compensate the STUs for these additional fuel costs, a sum
of Rs.500 crores has been provided in the Budget Estimates
2013-2014.
Integrated Urban Transport System
84. Rapid urbanisation increases the need for a
better, faster and more efficient transport system. Effective
urban planning requires a combination of different modes of
transport like buses, sub-urban trains, metro rail, mono rail
and also new innovative systems like the Bus Rapid Transport
System. During 2013-2014, a study on the Multi Modal
Transport Integration in Chennai City will be taken up