Home / Mumbai / Mumbai News / Article / Diesel price hike: MSRTC's financial impact estimated at Rs 124 crore; officials discuss proposed fare hike, e-buses options

Diesel price hike: MSRTC's financial impact estimated at Rs 124 crore; officials discuss proposed fare hike, e-buses options

A high-level meeting chaired by Sarnaik was held at Mantralaya with senior MSRTC officials, including Vice Chairman and Managing Director Dr Madhav Kusekar, to review the financial impact of the recent fuel price rise on the state transport corporation

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The govt is also exploring ways to reduce the burden on passengers, officials said. Pic/Special Arrangement

The govt is also exploring ways to reduce the burden on passengers, officials said. Pic/Special Arrangement

Maharashtra State Road Transport Corporation (MSRTC) officials and state transport minister Pratap Sarnaik on Monday said that a proposal to increase bus fares is under consideration due to rising diesel prices. However, he clarified that no immediate fare hike would be implemented.

A high-level meeting chaired by Sarnaik was held at Mantralaya with senior MSRTC officials, including Vice Chairman and Managing Director Dr Madhav Kusekar, to review the financial impact of the recent fuel price rise on the state transport corporation.

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