Mumbai: No fare hike, BEST plans water taxis

The BEST on Wednesday submitted its budget for 2023-24 to the civic corporation, projecting a reduction in losses by Rs 250 crore in the transport division and a profit of Rs 120 crore in the electricity supply division but no hike in bus fares till March 2024. The budget showed an overall deficit of Rs 2,000 crore, the estimated gap between revenue and expenses.

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