The conversation between human and AI assistant.
How do private bus operators in India make profit? And how much do they make?
Is there any government regulation on the profit margins of private bus operators?
Yes, there are some regulations set by the government on the profit margins of private bus operators. The profit margins are determined by various factors such as the number of buses, routes, and the distance traveled. The government sets the maximum price per km for specific types of buses, and operators cannot charge more than that. These regulations help to ensure affordability and fairness in pricing for the passengers.