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MSRTC demands Rs 3,600 cr from state govt to pay salaries English.Lokmat.com

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

The Maharashtra State Road Transport Corporation has demanded Rs 3,600 crore from the state government for payment of salaries ...
MSRTC demands Rs 3,600 cr from state govt to pay salaries

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.

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