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Important to prepare white paper to understand MSRTC's financial status: Sarnaik

The minister said that the corporation, which is suffering a cumulative loss of about Rs 10,000 crore, is struggling financially every day to pay salaries to employees, purchase vehicles, fuel and tires, as well as renovate stations and other establishment expenses

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Maharashtra Transport Minister Pratap Sarnaik held a meeting with MSRTC officials at the transport body's headquarters in Mumbai, on Monday. Pic/X

Maharashtra Transport Minister Pratap Sarnaik held a meeting with MSRTC officials at the transport body's headquarters in Mumbai, on Monday. Pic/X

Maharashtra Transport Minister and Maharashtra State Road Transport Corporation (MSRTC) Chairman Pratap Sarnaik has called for the tabling of a white paper in order to understand the financial status of the transport body.

Sarnaik made the announcement during a meeting held at the ST headquarters in Mumbai on Monday. The corporation’s Vice-Chairman and Managing Director, Dr Madhav Kusekar, and Financial Advisor and Chief Accounts Officer Girish Deshmukh, as well as all the heads of departments were present for the meeting.

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