https://www.taxtmi.com/news?id=40488 Appointment of the Transport Minister as MSRTC chairman is a statutory appointment under the State Transport Corporation Act 1950 and MSRTC rules, replacing a bureaucratic convention while keeping the prior IAS appointee as an ex officio board member. The minister pledged to financially empower MSRTC to improve service quality. MSRTC, operating a large fleet and workforce, faces losses, an ageing fleet, strikes and declining ridership, and has implemented a fare revision to mitigate daily financial shortfalls. en-us Thu, 10 Apr 2025 15:16:03 +0530 Thu, 10 Apr 2025 15:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=40488 Appointment of the Transport Minister as MSRTC chairman is a statutory appointment under the State Transport Corporation Act 1950 and MSRTC rules, replacing a bureaucratic convention while keeping the prior IAS appointee as an ex officio board member. The minister pledged to financially empower MSRTC to improve service quality. MSRTC, operating a large fleet and workforce, faces losses, an ageing fleet, strikes and declining ridership, and has implemented a fare revision to mitigate daily financial shortfalls. News - Thu, 10 Apr 2025 15:16:03 +0530 https://www.taxtmi.com/news?id=40488