Bus Fares Hiked By 14.95%, Auto, Taxi Prices Up By Rs 3 In Maharashtra

14.95 per cent hike in fares of the buses operated by Maharashtra State Road Transport Corporation (MSRTC) came into operation on Saturday.

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.