+
MSRTC Delays Fare Relief Extends 10% Hike To July 31
ECONOMY & POLICY

MSRTC Delays Fare Relief Extends 10% Hike To July 31

The Maharashtra State Road Transport Corporation has extended a temporary 10 per cent seasonal fare hike for ordinary buses until July 31, disappointing passengers. The increase was introduced on April 15 for a two month period to June 15 and was earlier extended to July 15. A scheduled meeting of the State Transport Authority to discuss a proposed 13.5 per cent fare revision was cancelled and rescheduled for July 17. The postponement prompted the extension to maintain current fares until the authority can decide.

Officials said the extension was necessary because diesel prices continued to rise and the corporation faced a worsening financial position. The state-run transporter currently consumes nearly 1.087 million (mn) litres of diesel every day across its 31 divisions and is operating at a loss in 21 divisions, including Kolhapur, Nashik, Nanded and Solapur. The move aims to shore up revenue and avoid service disruptions. Officials framed the measure as temporary pending the STA review.

Pratap Sarnaik, MSRTC chairman and Maharashtra transport minister, indicated that the decision followed a careful assessment of the corporation’s finances and fuel costs and that the priority remained uninterrupted bus services and financial stability. He said the State Transport Authority would consider the proposed revision at its next meeting after analysing all aspects. The proposed change amounts to a 13.5 per cent revision for review by the authority. The corporation will implement any adjustments following the STA decision.

Under the revised seasonal fare structure the minimum fare for ordinary and midi buses has been rounded to Rs12, while the minimum fares are Rs14 for adult passengers and Rs7 for children. The rounding to one-rupee increments has revived conductor concerns about change disputes and employee unions have protested, demanding fares be rounded to multiples of Rs5 to reduce conflicts. The continuation of the temporary hike has fuelled discontent among commuters who rely on ST buses for affordable travel. Officials said they would weigh operational and commuter issues as the review proceeds.

The Maharashtra State Road Transport Corporation has extended a temporary 10 per cent seasonal fare hike for ordinary buses until July 31, disappointing passengers. The increase was introduced on April 15 for a two month period to June 15 and was earlier extended to July 15. A scheduled meeting of the State Transport Authority to discuss a proposed 13.5 per cent fare revision was cancelled and rescheduled for July 17. The postponement prompted the extension to maintain current fares until the authority can decide. Officials said the extension was necessary because diesel prices continued to rise and the corporation faced a worsening financial position. The state-run transporter currently consumes nearly 1.087 million (mn) litres of diesel every day across its 31 divisions and is operating at a loss in 21 divisions, including Kolhapur, Nashik, Nanded and Solapur. The move aims to shore up revenue and avoid service disruptions. Officials framed the measure as temporary pending the STA review. Pratap Sarnaik, MSRTC chairman and Maharashtra transport minister, indicated that the decision followed a careful assessment of the corporation’s finances and fuel costs and that the priority remained uninterrupted bus services and financial stability. He said the State Transport Authority would consider the proposed revision at its next meeting after analysing all aspects. The proposed change amounts to a 13.5 per cent revision for review by the authority. The corporation will implement any adjustments following the STA decision. Under the revised seasonal fare structure the minimum fare for ordinary and midi buses has been rounded to Rs12, while the minimum fares are Rs14 for adult passengers and Rs7 for children. The rounding to one-rupee increments has revived conductor concerns about change disputes and employee unions have protested, demanding fares be rounded to multiples of Rs5 to reduce conflicts. The continuation of the temporary hike has fuelled discontent among commuters who rely on ST buses for affordable travel. Officials said they would weigh operational and commuter issues as the review proceeds.

Related Stories

Gold Stories

Next Story
Infrastructure Transport

Mumbai-Ahmedabad Bullet Train’s Surat-Vapi Section Set for 2027

The first section of the Mumbai-Ahmedabad Bullet Train corridor, linking Surat and Vapi, is targeted to begin services in 2027. Construction is expected to be completed by December 2026, while Railway Minister Ashwini Vaishnaw has indicated that an inauguration could take place around the middle of 2027. The National High Speed Rail Corporation (NHSRCL) said the train being manufactured in India is expected to reach the tracks around April or May 2027. The train will undergo extensive testing before the section is opened for passenger services. The project began construction in 2021 and includ..

Next Story
Infrastructure Transport

Indian Railways Approves Four Projects Worth Rs. 7.36 bn Across Four States

Indian Railways has approved four projects with a combined value of Rs. 7.36 bn across Uttar Pradesh, Maharashtra, Andhra Pradesh and Gujarat. The programme covers train protection, signalling, electric traction supply and a road overbridge, with each project assigned to a different railway zone. In Uttar Pradesh, Rs. 2.52 bn has been approved to extend the Kavach 4.0 automatic train protection system across 607.7 km in the Lucknow Division of North Eastern Railway. The system monitors train movements and can apply the brakes if a driver fails to observe a signal or exceeds a safe speed. The w..

Next Story
Infrastructure Urban

Chandru Raheja Sells 1.49% Stake in Mindspace REIT for Rs. 5 bn

Billionaire Chandru Lachmandas Raheja has sold a 1.49 per cent holding in Mindspace Business Parks REIT for Rs. 5 bn through a bulk deal on the BSE. The transaction involved 9.9 mn units and was executed at an average price of Rs. 505 per unit, according to exchange data. Following the sale, units of Mindspace Business Parks REIT were trading 0.18 per cent lower at Rs. 504.05 on Tuesday. Exchange data did not identify the buyers involved in the transaction. Raheja is the chairman of real estate company K Raheja Corp. The sale involved 99,00,990 units, representing 1.49 per cent of the Mumbai-b..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code