The total outstanding salaries is to the tune of over Rs 800 crore for … All Rights Reserved. A month’s wage bill for over one lakh staffers in MSRTC, including several drivers and conductors, comes to around Rs 150 crore. Day after employee’s suicide, Maha govt announces Rs 1,000-crore financial aid for MSRTC State Transport Minister Anil Parab said the financial aid will be used to clear pending salaries of employees as well as invest in the maintenance of buses and create avenues for generation of non-transport revenue. A Zenlive Media Private Limited Venture | © 2020 Mumbai Live. The MSRTC needs Rs 292 crore per month for paying salaries. Employees can take heart from the fact that salaries for the lockdown period are assured. The Maharashtra State Road Transport Corporation (MSRTC) on Monday released salaries for the month of August to its 97,000-plus employees. The situation has repeated again, as the salaries for the months of August and September were also delayed. RELATED NEWS. Maharashtra Transport Minister, Anil Parab assured the employees of … As per reports, lack of funds and support from the state government along with a lengthy process of procuring loans from banks has led to the issue where more than one lakh ST workers will not be getting their salaries before Diwali. The cumulative losses of the transport body have ballooned to over Rs 5,500 crore, he said. The cumulative losses of the transport body have ballooned to over Rs 5,500 crore, he said. Rujuta Diwekar: Weight loss myths buste... Rujuta Diwekar: Weight loss myths busted; diet to follow in the New Year. Cities. Thane: Biker suffers major head injuries as MSRTC bus collides with a... Oct 19, 2020. RELATED NEWS. MSRTC needs Rs 292 crore per month for paying salaries to its employees. MSRTC bus conductor commits suicide over pending salary - A Maharashtra State Road Transport Corporation (MSRTC) bus conductor allegedly died by suicide in Jalgaon over erratic disbursement of salary. COVID-19 Highlights December 10: Mumbai... COVID-19 Highlights December 10: Mumbai reports 798 new cases; 5,008 patients recover in Maharashtra. Dec 12, 2020. Nov 09, 2020, 08:56PM IST Source: ANI. Mumbai: Decision to resume local trains... Mumbai: Decision to resume local trains for all after New Year celebration, says BMC Chief Iqbal Chahal. Moreover, since the officials have not been able to find a solution regarding the same, the employees have planned to stage a protest in front of their houses on November 9, 2020, this time with their families, as they have also suffered due to the same. Third big ‘hawala’ seizure on Jabalpur-... Third big ‘hawala’ seizure on Jabalpur-Mumbai train route in 2 months. The workers were not given salaries for July and August, and many have been struggling to make ends meet. Employees of the MSRTC, which is one of the biggest road transport undertakings in the county with a fleet of over 18,000 buses, have not received their salaries for the last three months due to the closure of services in the COVID-19 lockdown. Jalgaon (Maharashtra), Nov 09 (ANI): A Maharashtra State Road Transport Corporation (MSRTC) bus conductor allegedly died by suicide in Jalgaon over erratic disbursement of salary. As announced a day before, the MSRTC has disbursed the pending salary of one month and festival advance to employees on Monday, and will pay pending salaries of remaining two months before Diwali. Mumbai. The cumulative losses of the transport body have ballooned to over ₹ 5,500 crore, he said. Even though MSRTC has resumed its services, its buses are plying at full capacity. Payment for the month of August and September are pending and the same will continue for October. MSRTC pays Aug salaries following death by suicide of two employees. The MSRTC … The cumulative losses of the transport body have ballooned to over Rs 5,500 crore, he said. The ‘golden handshake’ offer is expected to ease the salary burden on the […] Mogra in Oshiwara can’t wait for Mahul:... Mogra in Oshiwara can’t wait for Mahul: BMC to start pumping station work. MSRTC pays Aug salaries following death by suicide of two employees. After a meeting with senior MSRTC officers on Monday afternoon, Parab announced that the transport body will release one month’s salary and festival advance immediately, while another month’s salary will be deposited before Diwali, which falls on November 14. The Shiv Sena heads MSRTC but the state finance ministry needs to disburse salaries. Data reveals that the number of passengers and revenue for MSRTC has not increased despite the services which resumed from May and June 2020. Officials said that the MSRTC faced extensive losses during the pandemic and it needed Rs 292 crore per month to pay salaries. After eight years and 84 flights, UK si... After eight years and 84 flights, UK siblings win back stolen Bandra flats. Payment for the month of August and September … The MSRTC used to earn Rs 22 crore every day before the coronavirusoutbreak, but presently its revenue from passenger services has fallen to barely Rs 5-6 crore, he said. The MSRTC needs Rs 292 crore per month for paying salaries. As per reports, employees received their salary for July 2020, in the month of October 2020. Now, the remaining amount of Rs 880 crore will be disbursed to the MSRTC in six monthly installments till April 2021, said an official. The State Transport (ST) Corporation employees are worried once again as their salaries are likely to be delayed due to insufficient funds. Copyright © Bennett, Coleman & Co. Ltd. All rights reserved. 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The pre-lockdown income of INR 22 crore has dropped drastically, and the corporation has only generated a revenue of INR 7 crore, as a result, the financial condition of the corporation has deteriorated further. The MSRTC used to earn Rs 22 crore every day before the coronavirus outbreak, but presently its revenue from passenger services has fallen to barely Rs 5-6 crore, he said. Transport minister Anil Parab, who announced on Monday that employees will get two months’ pending salaries before Diwali, on Tuesday said […] The situation has repeated again, as the salaries for the months of August and September were also delayed. The family claimed that he didn’t get his salary properly and accused Thackery government for his death. At technical level engineers the salary may range from Rs 7600 at the entry level and may go up to around Rs 25000 monthly for the employees along with other benefits of PF/DA/TA. The Maharashtra government on Tuesday said they were releasing R1,000 crore financial assistance to the Maharashtra State Road Transport Corporation … MSRTC employees to get pending 3-month salary before Diwali Wed 11 Nov 2020, 10:51:12 Maharashtra’s Transport Minister Anil Parab informed that all pending salary of State Transport Corporation employees for the last three months is being paid before Diwali. The family claimed that he didn’t get his salary properly and accused Thackery government for his death. Last week, another MSRTC staffer from Ratnagiri had ended his life by suicide. For reprint rights:Times Syndication Service, IMAGE USED FOR REPRESENTATIONAL PURPOSE ONLY, MSRTC workers who risked their lives get 50 salary, Pandemic claims lives of 97 MSRTC employees, MSRTC pays Aug salaries following death by suicide of two employees, BEST to get 1,000 MSRTC buses by mid-October. MSRTC officials said the fresh aid will allow them to set aside Rs 150 crore to pay November-March 2021 salaries, and Rs 130 crore for April 2021. Rattled by the suicide of an MSRTC bus conductor in Jalgaon who blamed the "Thackeray government" for not paying their past three months' salary, Transport Minister Anil Parab on … MUMBAI: The MSRTC issued a circular to all its employees on Wednesday, saying those aged above 50, both officers and general employees, can sign the "golden handshake" to avail of the voluntary retirement scheme (VRS). MSRTC officials said that all decisions regarding the corporation are directly taken by the Transport Minister and there were indications of disbursal of 50 per cent salaries even for June. With the state offering a Rs 1,000-crore bailout package to MSRTC to pay pending salaries and meet other immediate expenses, the near-term situation at the transport undertaking looks stable. "The state government has agreed to pay state transport employees pending salaries till October 30, before Diwali," Parab said. The MSRTC needs Rs 292 crore per month for paying salaries. Maharashtra State Road Transport Corporation (MSRTC) has sent out a circular to its employees offering an opportunity, to those aged 50+, to opt for the voluntary retirement scheme (VRS). Pandemic claims lives of 97 MSRTC employees. It is said that the corporation is also ready to take loans from banks to cover salaries and other expenses, however, the process is not complete and could take some more time, due to which, the employees will have to wait for some more days. Nov 10, 2020. The MSRTC needs ₹ 292 crore per month for paying salaries. Nov 10, 2020. Last month, the state government had sanctioned Rs 120 crore as an advance from the contingency fund to pay the salaries of MSRTC employees till October 2020, officials said. Mumbai: Parts of the city, Thane, Palgh... Mumbai: Parts of the city, Thane, Palghar, Raigad receive light showers; cloudy weather forecast. ... As announced a day before, the MSRTC has disbursed the pending salary of one month and festival advance to employees on Monday, and will pay pending salaries … A Maharashtra State Road Transport Corporation (MSRTC) bus conductor frustrated over erratic disbursement of salary, allegedly died by suicide in Jalgaon on Monday. As a result, the workers have not received their 3 month’s salary,” added Parab. salaries for two months before Diwali festival, beginning later this week. A Maharashtra State Road Transport Corporation (MSRTC) bus conductor allegedly died by suicide in Jalgaon over erratic disbursement of salary "For last 3 months he didn't get his salary properly. MSRTC employees engineer Pay Scale MSRTC offers with different salary package at starting level for junior and senior engineers and technical persons. 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