The situation has repeated again, as the salaries for the months of August and September were also delayed. 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 needs Rs 292 crore per month for paying salaries to its employees. 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. 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. 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 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 ₹ 5,500 crore, he said. Mogra in Oshiwara can’t wait for Mahul:... Mogra in Oshiwara can’t wait for Mahul: BMC to start pumping station work. 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. MSRTC pays Aug salaries following death by suicide of two employees. Mumbai: Parts of the city, Thane, Palgh... Mumbai: Parts of the city, Thane, Palghar, Raigad receive light showers; cloudy weather forecast. Employees can take heart from the fact that salaries for the lockdown period are assured. After eight years and 84 flights, UK si... After eight years and 84 flights, UK siblings win back stolen Bandra flats. 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. 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. Copyright © Bennett, Coleman & Co. Ltd. All rights reserved. Maharashtra Transport Minister, Anil Parab assured the employees of … Payment for the month of August and September are pending and the same will continue for October. News. Even though MSRTC has resumed its services, its buses are plying at full capacity. 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 family claimed that he didn’t get his salary properly and accused Thackery government for his death. 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). Currently, MSRTC has about 30,000 employees who have crossed the age of 50. Dec 12, 2020. But the road ahead poses challenges. 'Forgive us': Posters in Pune seek apol... 'Forgive us': Posters in Pune seek apology after gaur, who strayed into residential area, died. Officials said that the MSRTC faced extensive losses during the pandemic and it needed Rs 292 crore per month to pay salaries. Mumbai. ... 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 … The MSRTC needs Rs 292 crore per month for paying salaries. 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On October 30, Parab had sought Rs 3,600 crore from the state government on an urgent basis for MSRTC to disburse salaries and keep its operations on. The ‘golden handshake’ offer is expected to ease the salary burden on the […] The cumulative losses of the transport body have ballooned to over Rs 5,500 crore, he said. RELATED NEWS. 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. Developer Diipesh Bhagtani gets bail after 18 months. The MSRTC needs Rs 292 crore per month for paying salaries. 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. As a result, the workers have not received their 3 month’s salary,” added Parab. RELATED NEWS. 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 … A month’s wage bill for over one lakh staffers in MSRTC, including several drivers and conductors, comes to around Rs 150 crore. COVID-19 Highlights December 10: Mumbai... COVID-19 Highlights December 10: Mumbai reports 798 new cases; 5,008 patients recover in Maharashtra. The Maharashtra State Road Transport Corporation (MSRTC) on Monday released salaries for the month of August to its 97,000-plus employees. The MSRTC … He has named Thackery govt responsible for his death," says his brother (in pic2) pic.twitter.com/U2yI8Egcte — ANI (@ANI) November 9, 2020 A Maharashtra State Road Transport Corporation (MSRTC) bus conductor frustrated over erratic disbursement of salary, allegedly died by suicide in Jalgaon on Monday. A Maharashtra State Road Transport Corporation (MSRTC) bus conductor allegedly died by suicide in Jalgaon over erratic disbursement of salary. 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. Third big ‘hawala’ seizure on Jabalpur-... Third big ‘hawala’ seizure on Jabalpur-Mumbai train route in 2 months. 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. MSRTC employees engineer Pay Scale MSRTC offers with different salary package at starting level for junior and senior engineers and technical persons. 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. The move is aimed at reducing the salary burden on the cash-strapped bus corporation. The family claimed that he didn’t get his salary properly and accused Thackery government for his death. Pandemic claims lives of 97 MSRTC employees. 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. MSRTC Salary Latest Hindi News, MSRTC Salary Breaking News, Find all MSRTC Salary से जुड़ी खबरें at Live Hindustan, page1 Last week, another MSRTC staffer from Ratnagiri had ended his life by suicide. As per reports, employees received their salary for July in the month of October. A Zenlive Media Private Limited Venture | © 2020 Mumbai Live. 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. Rujuta Diwekar: Weight loss myths buste... Rujuta Diwekar: Weight loss myths busted; diet to follow in the New Year. The workers were not given salaries for July and August, and many have been struggling to make ends meet. The MSRTC needs Rs 292 crore per month for paying salaries. The MSRTC requires Rs 292 crore per month to pay its staff’s salaries. The total outstanding salaries is to the tune of over Rs 800 crore for … Nov 10, 2020. 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. Payment for the month of August and September … The Shiv Sena heads MSRTC but the state finance ministry needs to disburse salaries. The situation has repeated again, as the salaries for the months of  August and September were also delayed. Matrimonial fraud: Divorced teacher los... Matrimonial fraud: Divorced teacher loses Rs 9.5 lakh, modus operandi Similar to other such cases, Rare photos from Sharad Pawar's political journey, Terms of Use and Grievance Redressal Policy. salaries for two months before Diwali festival, beginning later this week. 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. Nov 10, 2020. Transport minister Anil Parab, who announced on Monday that employees will get two months’ pending salaries before Diwali, on Tuesday said […] Payment for the month of August and September are pending and the same will continue for October. Thane: Biker suffers major head injuries as MSRTC bus collides with a... Oct 19, 2020. 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. 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. MUMBAI: A day after two MSRTC staffers allegedly died by suicide due to non-payment of salaries, the state government on Tuesday announced a Rs 1,000-crore financial package for the loss-making body for six months. "The state government has agreed to pay state transport employees pending salaries till October 30, before Diwali," Parab said. 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. Mumbai: Decision to resume local trains... Mumbai: Decision to resume local trains for all after New Year celebration, says BMC Chief Iqbal Chahal. Data reveals that the number of passengers and revenue for MSRTC has not increased despite the services which resumed from  May and June 2020. The MSRTC needs ₹ 292 crore per month for paying salaries. As per reports, employees received their salary for July 2020, in the month of October 2020. The cumulative losses of the transport body have ballooned to over Rs 5,500 crore, he said. The victim's family has reportedly claimed that he was not getting salary on time in last three months which forced him … 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. The Maharashtra government on Tuesday said they were releasing R1,000 crore financial assistance to the Maharashtra State Road Transport Corporation … Thane: Two flesh trade rackets busted i... Thane: Two flesh trade rackets busted in Kopri and Lokmanya Nagar; two held. MSRTC pays Aug salaries following death by suicide of two employees. Maharashtra Transport Minister, Anil Parab assured the employees of paying them one month's salary … Cities. All Rights Reserved. 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