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Mhaji Bus Scheme

The scheme provides a subsidy of ₹3/- per kilometer operated, 50% reimbursement of the annual insurance premium paid up to a maximum of ₹30,000/-, and assistance of ₹10,00,000/- for replacing buses older than 15 years with new buses having a minimum seating capacity of 27.

Ministry / Department
Transport Department
Level
State
Benefit type
cash
Last verified: Recently

What is Mhaji Bus Scheme?

The scheme provides a subsidy of ₹3/- per kilometer operated, 50% reimbursement of the annual insurance premium paid up to a maximum of ₹30,000/-, and assistance of ₹10,00,000/- for replacing buses older than 15 years with new buses having a minimum seating capacity of 27.

Benefit
- A subsidy of ₹3/- per kilometer operated shall be provided to eligible bus operators under the scheme. - Bus Insurance Subsidy is provided as 50% reimbursement of the annual insurance premium paid up to a maximum of ₹30,000/-. - The scheme provides Assistance of ₹10,00,000/- for replacing buses older than 15 years, with new buses having a minimum seating capacity of 27. - The operator shall retain full fare revenue collected from the passengers and shall not be required to deposit any fare amount with the Kadamba Transport Corporation Limited. - Bus operators participating in the scheme shall be entitled to receive 50% of the revenue generated from advertisements displayed on their buses. - Mobilization advance, if required, may be sanctioned up to 60 days of operational subsidy based on the recommendation of Kadamba Transport Corporation Limited. ##### ***Disbursement*** - Kilometers for Financial assistance will be considered as per the Fare Chart issued along with the stage carriage permit by the Regional Transport Authority. - The amount collected through Kadamba Transport Corporation Smart transit Passes and Smart transit cards will be reimbursed to the respective operators as per the guidelines set by Kadamba Transport Corporation Limited.
Level
State — Goa
Ministry / Dept.
Transport Department
Benefit type
cash
Key eligibility
- The applicant must be a private bus operator holding a valid stage carriage permit issued by the competent authority in Goa. - The applicant must be the registered owner of the bus/mini bus in the State of Goa. - The bus to be operated under this scheme must not be older than 15 years from the dat
Last verified
Recently

Benefits

- A subsidy of ₹3/- per kilometer operated shall be provided to eligible bus operators under the scheme. - Bus Insurance Subsidy is provided as 50% reimbursement of the annual insurance premium paid up to a maximum of ₹30,000/-. - The scheme provides Assistance of ₹10,00,000/- for replacing buses older than 15 years, with new buses having a minimum seating capacity of 27. - The operator shall retain full fare revenue collected from the passengers and shall not be required to deposit any fare amount with the Kadamba Transport Corporation Limited. - Bus operators participating in the scheme shall be entitled to receive 50% of the revenue generated from advertisements displayed on their buses. - Mobilization advance, if required, may be sanctioned up to 60 days of operational subsidy based on the recommendation of Kadamba Transport Corporation Limited. ##### ***Disbursement*** - Kilometers for Financial assistance will be considered as per the Fare Chart issued along with the stage carriage permit by the Regional Transport Authority. - The amount collected through Kadamba Transport Corporation Smart transit Passes and Smart transit cards will be reimbursed to the respective operators as per the guidelines set by Kadamba Transport Corporation Limited.

Eligibility

- The applicant must be a private bus operator holding a valid stage carriage permit issued by the competent authority in Goa. - The applicant must be the registered owner of the bus/mini bus in the State of Goa. - The bus to be operated under this scheme must not be older than 15 years from the datArea: GoaBenefit: cash

Documents Required

    How to Apply

    1. Step 1: Offline application — step 1

      Step 1: The interested applicant should take a printout of the prescribed format of the application forms (Annexure A, B, C).

    2. Step 2: Offline application — step 2

      Step 2: In the application form, fill in all the mandatory fields, paste the passport-sized photograph (signed across, if required), and attach copies of all the mandatory documents (self-attest, if required).

    3. Step 3: Offline application — step 3

      Step 3: Submit the duly filled and signed application form along with the documents, within the prescribed period (if any), to the Managing Director, Kadamba Transport Corporation Limited, Paraiso Goa Building, Alto-Porvorim, Bardez, Goa - 403 521.

    4. Step 4: Offline application — step 4

      Post-Application Processes

    5. Step 5: Offline application — step 5

      Step 1: The applications shall undergo verification by the General Manager or any other officer appointed specifically for the Mhaji Bus Scheme. Field inspections may be conducted by the authorities wherever deemed necessary to assess the claims and verify the bus’s details and compliance status.

    6. Step 6: Offline application — step 6

      Step 2: Upon successful verification and approval of the application, the applicant shall be issued an official Letter of Empanelment. Following this, the applicant must sign a formal Agreement with the Kadamba Transport Corporation Limited outlining their operational and service obligations under the scheme.

    Sources & References

    Ready to apply?

    Applications are accepted only on the official government portal.

    Open Official Website