Over P802-M Cash Subsidy, DOTr-LTFRB Distributes to PUV Operators
Up to P802 million cash subsidy has been distributed DOTr-LTFRB to 123,000 operators and drivers of public utility vehicles (PUV).
This aid is under the Direct Cash Subsidy Program of the Department of Transportation and the Land Transportation Franchising and Regulatory Board. According to a letter, the aid was distributed to 123,000 units under the care of 59,000 operators in the country.
Each unit of PUVs has P6,500 each. According to the LTFRB, the total number of donors is 91% of the total number of PUVs.
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Under the Direct Cash Subsidy, each operator receives a P6,500 subsidy for each unit under their franchise. In total, P802 million has been distributed from November 16th to December 4th.
Direct Cash Subsidy is a program under Bayanihan To Recover As One Act or Bayanihan II that aims to help operators who are having difficulty recovering their income due to safety protocols implemented to prevent the spread of Coronavirus Disease 2019 (COVID -19) on public transportation.
Operators received in their bank accounts (possibly Pantawid Pasada Program (PPP) cash cards, Landbank of the Philippines (LBP), or non-LBP) P6,500 for each Public Utility Vehicle (PUV) unit under in their franchise.
The beneficiaries of direct cash subsidy are operators of the following PUVs with fixed routes. These include Public Utility Bus (PUB); Point-to-Point Bus (P2P); Public Utility Jeepney (PUJ); Mini-Bus; UV Express; and FilCab.
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