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Get Fast News Updates – Stay Ahead with USA Blogger > Blog > Business > Maharashtra government cancels 10% MSRTC fare hike as floods worsen across state
Business

Maharashtra government cancels 10% MSRTC fare hike as floods worsen across state

Robert Adams
Robert Adams
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Discarded Rate Walk in 24 hoursRelief for passengers, tension for MSRTCGovt Borra RS 2,353 million Nagpur-Chandrapur Highway rupees

The Maharashtra government has discarded a 10 percent rise in the MAHARASHTRA STATE ROAD TRANSPORTION (MSRTC) bus rates, less than one day after the measure was announced, after severe floods in several districts. The reversal was confirmed on Wednesday, October 1 by the main vice minister Eknath Shinde, according to a statement from his office.

Discarded Rate Walk in 24 hours

MSRTC had declared on Tuesday, September 30 that rates through bus services through IS, excluding Shivneri and Shivai fleets with air conditioning, would increase by 10 percent between October 15 and November 5 to compensate for the highest operating cost duration. The passengers who traveled after midnight or October 14 would be charged with the revised rates, with the difference collected by equally early reserves.

However, Shindy instructed the Minister of Transportation to withdraw the decision, citing the burden of residents in regions affected by floods. “Taking into account the situation of flooding in the state, the 10 percent rate announced by MSRTC has been canceled,” said his office.

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Relief for passengers, tension for MSRTC

The investment occurs as a relief for travelers, particularly those displaced or struggling with services interrupted in flooded districts. But the decision can deepen the financial pressure on MSRTC, which has been executing losses and was banking the increase to balance fuel and maintenance costs Diwali Rush duration.

According to the previous plan, rates would have been reversed to normal from November 6. Shivneri Premium buses, which operate mainly on the Mumbai – Pune route, and Shivai services in interurban corridors like and Nashik had already been exempt.

Govt Borra RS 2,353 million Nagpur-Chandrapur Highway rupees

In a separate development, the State Cabinet Infrastructure Committee, chaired by Main Minister Devendra Fadnavis, approved the construction of a four -lane cement concrete road between NAGPUR and 204 km chandrapur and four lanes between Nagpur and Chandrapur, together with.

The project, including land acquisition, entails an estimated cost of RS 2,353.39 million rupees, according to the government. The authorities said the road will improve industrial connectivity in eastern Maharashtra and reduce travel time between two key districts.

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