Administration Manual - B.E.S.T. Undertaking.

expenditure included lease rent of buses and other expenses,
the expenditure has increased by Rs. 24.36 Crs.
Salary/wages and Allowances has increased by Rs. 11.77 Crs.
due to increase in Dearness Allowance. The average DA
Index for the year 2003-04 was 13294 and for the year
2004-2005, it has increased to 13372. Other operating
expenditure has increased by Rs. 10.46 Crs. which includes
increase in payment of lease rent amounting to Rs. 9.87 Crs.
as per lease agreement and other expenses increased by Rs.
2.13 Crs., which includes passenger tax, property Insurance
fund, third party insurance fund and cost of bus token. The
share of General Administration expenses for Bus
Division has increased by Rs. 22.43 Crs. which includes
payment of VRS compensation and interim relief amounting
to Rs. 1.30 Crs. and Rs. 10.43 Crs. respectively and also
payment of gratuity and other expenditure amounting to Rs.
10.70 Crs. The expenditure for provision towards
depreciation and Additional Depreciation has increased by
Rs.4.33 Crs. Interest charges is decreased by Rs. 1.12
Crs. and Interest on Internal Fund is decreased by Rs. 17.74
Crs. as the provision towards Interest on Internal Fund is
made on the basis of value of assets instead of equal
allocation to Supply and Bus division as it was done in earlier
years.
During 2004-05, the VRS Scheme was introduced by the
Management with the approval of BEST Committee vide BCR
No. 352 dated 13.12.2004. Accordingly, an amount of Rs.
10.74 Crs. was paid to the members of staff who have opted
for VRS. Further, an amount of Rs. 105.40 Crs. was paid to
the staff members of Bus Division as Interim Relief in lieu of
wage settlement.
Comparison of Income and Expenditure with Budget
Estimates
crores)
(Rs. in
223