The Maharashtra State Road Transport Corporation (MSRTC) has decided to hike fares for all types of bus services from midnight, with a top official stating that the upward revision was due to a rise in diesel prices.

The MSRTC, which has been severely hit due to curtailed operations amid the coronavirus pandemic and lockdown, is expected to earn an additional Rs 50 crore from this move, Shekhar Channe, vice chairman and managing director of the state-run transport undertaking, told PTI.