Maharashtra govt approves 6% dearness allowance hike for MSRTC employees

MSRTC is one of the biggest state-owned public transport undertakings in the country with a fleet of over 16,000 buses

MSRTC
MSRTC | Photo: Wikipedia
Press Trust of India Mumbai
1 min read Last Updated : Nov 16 2022 | 9:30 PM IST

The Maharashtra government has approved a six per cent hike in dearness allowance for the employees of the Maharashtra State Road Transport Corporation (MSRTC), a top official said on Wednesday.

Shekhar Channe, vice chairman and managing director of MSRTC, told PTI that the government has given the nod for increasing DA to 34 per cent from the existing 28 per cent.

The hike will put a financial burden of Rs 15 crore per month on the state-owned public transport body. Shrirang Barge, a union leader, said they were happy with the decision though it was pending for four months.

"MSRTC employees should also get dearness allowance arrears as in the past the state government has not paid it," Barge said. The corporation has a workforce of more than 80,000 employees. Last year, MSRTC employees had gone on a strike for more than five months for various demands including merger of the corporation with the state government.

MSRTC is one of the biggest state-owned public transport undertakings in the country with a fleet of over 16,000 buses.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :Maharashtra governmentMaharashtraDearness AllowanceBuses

First Published: Nov 16 2022 | 9:30 PM IST

Next Story