Financial health of state operated transportation corporations in India

Rs. 9,000 crore
Cumulative losses of the Maharashtra State Road Transport Corporation (MSRTC) as of Oct 2021, up from Rs. 6.500 crore in Jul 2021. This includes Rs 5,000 crore brought about by the coronavirus outbreak and the resultant lockdown. One of the steps being considered to offset the losses is conversion of 1,000 buses from diesel to CNG. MSRTC has a staff strength of 95,000 employees and a fleet of 16,000 buses.
Last Modified: 08-Nov-2021 7:13 AM