Maharashtra Releases ₹120 Crore to Resolve MSRTC Salary Crisis
The funds cover the remaining 44% of March salaries for 87,000 employees, with new measures introduced to prevent future payment delays.
- The Maharashtra government has released ₹120 crore to cover the remaining 44% of March 2025 salaries for MSRTC employees, following weeks of protests and discontent.
- Deputy CM Eknath Shinde and MSRTC Chairman Pratap Sarnaik intervened to secure the funds after finance department delays worsened the crisis.
- A new policy mandates monthly salary funds to be transferred in advance, ensuring payments by the 7th of every month starting next month.
- The state finance department has committed to releasing the remaining ₹946 crore in dues to MSRTC in three phases to stabilize its finances.
- Broader concerns over Maharashtra's fiscal management persist, with mounting state debt and delayed payments affecting other public services.