BEST fears Rs 25 crore loss after cost of diesel increases

MUMBAI: The

BEST

undertaking, which is already reeling under losses of over Rs 900 crore, has estimated an additional loss of Rs 25 crore this financial year due to the rise in the price of diesel.

BEST committee member Bhushan Patil of the Congress said, "The state government should reduce taxes on diesel, which may help bring down losses." He was supported by

Anil Kokil

of the Shiv Sena, who said, "BEST is already facing heavy losses, but a surcharge waiver will help stem the loss to some extent."

BEST general manager Surendrakumar Bagde said, "The actual losses will be known only in July, as the calculation of expenditure is done on a quarterly basis."