India, June 19 -- The Rs.1,000-crore aid package for the BEST undertaking has been cleared by the civic standing committee, after it was held back on June 12. The committee cleared the package on Thursday after the undertaking's chief accounts officer and financial advisor, Prabhakar Sawant, submitted a statement on the BEST's financials.

At its meeting on June 12, the committee had withheld the BEST's annual aid package for 2026-27, demanding an explanation on the series of accidents involving BEST buses, many resulting in fatalities. It had also sought an explanation on how the BEST intended to utilise the funds.

"Seventy per cent of the aid will be utilised for clearing pending employee dues, while the remaining 30% will be used as w...