MSRTC's 87,000 employees to get Rs 5,000 in Diwali 'gift'

Representative image

The state-owned Maharashtra State Road Transport Corporation (MSRTC) on Wednesday announced a Rs 5,000 Diwali "bhet" or bonus to its employees after the government gave it a Rs 45 crore financial aid.

The MSRTC has around 87,000 employees, including officers, and all of them will get a "Diwali bhet" or gift of Rs 5,000.

"The state government has given Rs 45 crore financial aid," the MSRTC stated in a release.

Also read: MSRTC hikes fares by Rs 5 to Rs 100 on several bus classes between Oct 21 and 31

"Since the last two years, the ST has been facing a financial crisis due to a decrease in the number of passengers due to the coronavirus epidemic. Even in such a situation, this year, the corporation will give Rs 5,000 Diwali gift to the officers and employees," the release quoted MSRTC vice chairman and Managing Director, Shekhar Channe, as saying.

The amount will be credited to the bank accounts of employees soon.

MSRTC is one of the biggest state-owned public transport undertakings in the country with a fleet of over 16,000 buses. The loss-making corporation was ferrying over 65 lakh passengers daily before the outbreak of the pandemic.

This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever.