Finance dept releases ₹120 crore for payment of salaries to MSRTC staff

Work ahead

- Saurabha Kulshreshtha

Mumbai: The state finance department on Friday released ₹120 crore towards payment of pending salaries for the month of March to nearly 87,000 employees of the Maharashtra State Road Transport Corporation (MSRTC). A government resolution (GR) authorising the release of funds was issued after transport minister and MSRTC chairman Pratap Sarnaik held a meeting with finance department officials on Friday afternoon.

"Managing director of MSRTC has requested to release funds towards concessions in fare for the month of March 2025. Accordingly, approval has been given to release ₹120 crore," said the GR issued on Friday evening.

As reported by HT on April 11, when MSRTC staff received their March salaries on April 9, they realised only 56% of their pay had been credited to their accounts, leading to much anguish. Speaking to reporters on Thursday, Sarnaik had blamed the finance department, saying it had withheld funds for various sops which had affected the corporation's revenue and led to partial payment of salaries.