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Beranda » car rental news » Mumbai: Money-strapped BMC to shell out Rs 1.6 crore to lease e-cars for 8 years | Mumbai Information

Mumbai: Money-strapped BMC to shell out Rs 1.6 crore to lease e-cars for 8 years | Mumbai Information

Dipublish pada 16 January 2022 | Dilihat sebanyak 41 kali | Kategori: car rental news

MUMBAI: At a time when the BMC is going through an acute scarcity of funds and has needed to dip into its reserves, it plans to spend Rs 1.6 crore on renting model new electrical cars for its civic leaders. As a substitute of shopping for new e-cars, the BMC has determined to lease these for a interval of eight years.
By renting the automobiles for eight years, the BMC will find yourself paying round Rs 32 lakh per automotive—greater than double the market value of round Rs 14 lakh for every.


Civic netas should get new vehicles if their automobiles are very previous. The BMC, although, should not spend double the quantity on renting vehicles, when the automobiles’ market value for outright buy is 50% decrease. Given the BMC’s present monetary state of affairs, when it has been compelled to take an inner mortgage, the civic physique should keep away from such fancy spending and preserve austerity.

The proposal to purchase 5 e-cars for civic netas such because the chief of the home, Shiv Sena corporator Vishakha Raut, and chief of the Opposition, Congress corporator Ravi Raja, might be positioned earlier than the civic standing committee for approval on Wednesday.
In its price range this yr, the BMC determined to dip into its mounted deposits and withdraw Rs 10,564 crore as mortgage to fulfill its growing expenditure. The estimated 2020-21 expenditure was Rs 33,441 crore, which was elevated to Rs, 39,039 (17%) for the present monetary yr. As a substitute of elevating cash from the market via bonds, the administration took an inner interest-free mortgage.
Civic officers mentioned the BMC will find yourself paying Rs 27,000 to Rs 37,000 per 30 days per automotive.
The BMC is renting the vehicles from Vitality Effectivity Companies Ltd (EESL). Officers mentioned since most of the vehicles assigned to civic netas have been previous, there was demand for substitute.
Raja mentioned he wouldn’t wish to get a brand new electrical car at a time when the BMC is in a foul monetary state. “Our vehicles are virtually 10 years previous and sometimes break down however this proposal must be deferred. The BMC is just not in a monetary place to go for fancy vehicles. The BMC has already spent some huge cash on Covid and such fancy electrical vehicles should not be purchased,” Raja mentioned.
RTI activist Anil Galgali too mentioned the BMC should not spend cash on electrical vehicles when it’s going through a crunch. “The BMC should not purchase fancy vehicles proper now at double the market value on lease. Paying double the market value and taking vehicles on lease doesn’t make sense. There must be an austerity drive by BMC leaders,” Galgali mentioned.

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