Maha: MSRTC seeks Rs 600 crore for 2,000 new buses

Image
Press Trust of India Mumbai
Last Updated : Feb 11 2020 | 7:00 PM IST

Maharashtra transport minister Anil Parab has sought funds to the tune of Rs 600 crore in the state budget 2020-21 to procure 2,000 new buses for the Maharashtra State Road Transport Corporation (MSRTC).

The corporation, chaired by Parab, has already approved the proposal in its board meeting recently, a release here stated.

The MSRTC is one of the biggest public transport undertakings in the country, with a fleet of at least 18,500 buses that ferry over 65 lakh passengers everyday.

According to the release, the MSRTC had sought Rs 186 crore for new buses in the last financial year.

However, the state had alloted Rs 110 crore, with which the corporation managed to purchase 700 buses, 500 ordinary ones and 200 'vithai' pilgrimage buses to Pandharpur, the release stated.

Highlighting the rise in demand, Parab claimed the highest number of passengers use MSRTC buses to travel within 60 km radius between villages, talukas and districts.

"The MSRTC's 'Parivartan' buses ply continuously for such passengers. Hence, to improve the standard of this journey, the MSRTC has submitted a proposal seeking Rs 600 crore to buy new buses," Parab was quoted saying in the release.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*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

First Published: Feb 11 2020 | 7:00 PM IST

Next Story