Stree Shakti scheme helps APSRTC strengthen its financial stability: MD Krishna Babu
GS3Economy · S&T · Environment · Security· Infrastructure (energy, ports, roads, railways)· Prelims·
Why in news
MD of APSRTC, M.T. Krishna Babu, reported that the Stree Shakti scheme has bolstered APSRTC's financial stability by significantly increasing female passenger numbers.
Background
APSRTC plans to induct 1,050 electric buses under the PM e-Bus Sewa scheme. The state has allocated ₹3,000 crore for road development across Andhra Pradesh.
Facts for Prelims
- SchemePM e-Bus Sewa: A central government scheme for deploying electric buses.
- FactAPSRTC plans to procure 1,050 electric buses.
- Fact₹3,000 crore allocated for road development in Andhra Pradesh.
- BodyAPSRTC: Andhra Pradesh State Road Transport Corporation.
For Mains
Q. Discuss how targeted social schemes like Stree Shakti can contribute to the financial sustainability of public transport systems in India.
Dimensions to cover in your answer
- Revenue diversification: Increasing female ridership to offset operational costs
- Infrastructure transition: Scaling electric bus fleets under PM e-Bus Sewa
- Fiscal allocation: Balancing state road development funds with public transport modernization
Keywords: Financial sustainability · Public transport · Gender-inclusive mobility · Electric mobility · Infrastructure development
More Economy notes
- GSDP growth of State has outpaced national average, says planning official · 10 February 2026
- Multiple rail infra projects approved to ease congestion, improve safety: Railway Ministry · 10 February 2026
- Andhra Pradesh govt. to decriminalise 42 minor offences to boost speed of doing business · 9 February 2026
- Outreach programme launched to boost public bus ridership · 9 February 2026
- Indian coffee steadily moving from commodity-led to quality, experience-driven market: Coffee Board · 9 February 2026
- IDBI Bank shares drop 4% as Kotak Mahindra Bank stays away from stake sale; Fairfax, Emirates NBD in fray · 9 February 2026
Something wrong, or something missing?
Spotted a mistake in a note, or want a topic, format or PDF that would help your preparation? Write to us. We read every mail and fix errors fast.
This note is generated automatically from SatyaDheesh's news feed and mapped to the UPSC CSE syllabus. Check facts against the original report or PIB before using them in an answer.