Maharashtra: MSRTC bus fares hiked by 14.95%, new rates come into effect
Maharashtra State Road Transport Corporation (MSRTC) came into operation on Saturday.
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Maharashtra State Road Transport Corporation on Friday approved the hike as per the formula determined by the Hakim Committee.
As a result of this hike, passengers travelling by MSRTC buses will have to pay more for their journeys. The fare increase will be applicable to all routes operated by MSRTC, which has a massive fleet of 15,000 buses. These buses transport around 55 lakh passengers daily, making it one of the largest bus networks in India.
Meanwhile, the Mumbai Metropolitan Region Transport Authority (MMRTA) has approved a Rs 3 increase in the base fare for both auto rickshaws and black-and-yellow taxis. This means auto-rickshaw fares will rise from Rs 23 to Rs 26, while taxi base fares will increase from Rs 28 to Rs 31 1.
Additionally, the fare for blue-and-silver AC cool cabs will also see an increase of Rs 8, with the new fare for the first 1.5 kilometers being Rs 48, up from the current Rs 40.
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