Overview
- MSRTC’s accumulated deficit reached ₹10,324 crore in FY2023-24, with an unaudited loss of ₹1,217 crore reported for FY2024-25.
- The white paper lays out a 19-point revival strategy that includes inducting 5,000 new buses each year—spanning LNG, CNG and electric models—and leasing 100 high-end Volvo coaches.
- The corporation has requested ₹3,600 crore in government aid to settle over ₹3,500 crore in outstanding dues, including ₹1,262.72 crore in provident fund arrears and ₹1,114.89 crore for gratuity.
- Planned service upgrades include GPS-enabled tracking, expanded digital ticketing through the National Common Mobility Card and CCTV installation to boost efficiency and passenger safety.
- Transport Minister Pratap Sarnaik has pledged to restore profitability within four years and roll out 50 minibuses for tribal areas, though unions say clearing pending salary and benefit arrears remains urgent.