The Maharashtra State Road Transport Corporation (MSRTC), which is currently facing a deficit of Rs 1–1.5 crore every day, is set to receive a major boost with the induction of 8,300 new buses this year, state Transport Minister Pratap Sarnaik said on Thursday.

Sarnaik, who also serves as MSRTC Chairman, expressed confidence that the expanded fleet would significantly improve revenue and help stabilise the corporation financially by the end of the year.