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Covid-19 has led to 2 million job losses in bus, taxi sector: BOCI

BOCI claims to represent 20,000 operators with 1.5 million buses and maxi-cabs and 1.1 million tourist taxis providing direct employment to 10 million people

New Motor Vehicles Act spurs ride-hailing firms to lobby for concessions
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Press Trust of India

Around 2 million people have lost employment and an equal number are staring at job loses as private bus and tourist taxi operators have been hit hard by the coronavirus lockdown, according to the Bus & Car Operators Confederation of India (BOCI).

BOCI, which claims to represent 20,000 operators with 1.5 million buses and maxi-cabs and 1.1 million tourist taxis providing direct employment to 10 million people, said these private operators need government support in the form of waiver of taxes and interest on loans as many of them are facing closure.

"During lockdown 95 per cent of our vehicles were off