City
Epaper

MSRTC demands Rs 3,600 cr from state govt to pay salaries

By Lokmat English Desk | Updated: October 30, 2020 17:32 IST

The Maharashtra State Road Transport Corporation has demanded Rs 3,600 crore from the state government for payment of salaries ...

Open in App

The Maharashtra State Road Transport Corporation has demanded Rs 3,600 crore from the state government for payment of salaries and other essential expenses, Transport Minister Anil Parab said on Friday.

MSRTC has not paid the salaries of its employees for the last three months, and to pay them was its priority, the minister said.

Parab, Chairman of MSRTC said that the corporation was trying to raise money through external means too.

The MSRTC needs Rs 292 crore per month for paying salaries. The corporation has incurred a cumulative loss of over Rs 5,500 crore, he said.

The MSRTC used to earn Rs 22 crore per day before the coronavirus outbreak, but currently it is generating revenue Rs 5-6 crore a day, he said.

The MSRTC has demanded money for salaries and to bear the minimum cost of keeping its buses running, Parab said, adding that the state government too is facing financial strain as revenues have shrunk.

Tags: Maharashtra State Road Transport CorporationAnil ParabMaharashtra GovernmentTransport MinistryCoronavirus
Open in App

Related Stories

MaharashtraHindi Made Mandatory As Third Language in Schools; Maharashtra Govt Issues GR

MaharashtraBachchu Kadu Ends Hunger Strike After Receiving Written Assurance from Maharashtra Govt (Watch Video)

MaharashtraMaharashtra Civic Body Polls 2025: State Issues Orders for Ward Formation Across State, Mumbai to Have 227 Single-Member Wards

MaharashtraMaharashtra Govt Hikes Police Patils' Salary From Rs 3,000 to Rs 15,000

MaharashtraMaharashtra: Taxpaying Women to Be Dropped from Ladki Bahin Yojna as Govt Begins Eligibility Review

Maharashtra Realted Stories

MumbaiMumbai Weather Update: 96% Chance of Rainfall; Yellow Alert Issued for Thane and Raigad

MumbaiMumbai: Kandivali Businessman Duped of Rs 79 Lakh in Online Trading Cyber Scam

PunePune News: Robbers Snatch Gold Chain and Bike Keys After Posing as Helpers to Injured Couple

MumbaiMumbai: Man Arrested for Sexually Abusing Two Minors Under Pretext of Video Games in Mahim

MumbaiMumbai: Body of Missing Police Constable Found on Ghatkopar Skywalk