The Maharashtra Road Transport Corporation (MSRTC) on Monday decided to raise prices for all types of bus services from midnight as a senior official said the upward revision was due to higher diesel prices. Shekhar Chan, Vice Chairman and General Manager of the state-run carrier, told PTI that MSRTC, which has been hit hard by curtailing operations amid the coronavirus pandemic and lockdown, is expected to earn an additional Rs 50 crore from the move. .

We have decided to raise prices by about 17.17 per cent due to the rise in diesel prices. The revised fare will be effective from midnight. MSRTC is reviewing bus fare after a three-year hiatus. β€œA senior official said the state transport authority agreed to increase the fare for the MSRTC at a meeting earlier in the day.

MSRTC has 95,000 employees and a fleet of 16,000 buses.

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