Maharashtra State Road Transport Corporation has rolled back the 10 percent hike in its fare, given the losses suffered by people due to floods. The directions to withdraw the hike were issued by Deputy Chief Minister Eknath Shinde.
Talking to the media, Shinde said that the MSRTC hikes fares every year during the Diwali festival, and earns a revenue of about Rs 30 crore. This year, however, MSRTC has been instructed not to hike the fare as an exceptional case. Transport Minister Pratap Sarnaik, who is also the Chairman of MSRTC, has been directed to roll back the decision, Shinde said.
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