Mumbai, May 15 (IANS) The Maharashtra State Road Transport Corporation (MSRTC), popularly known as the ‘Lal Pari’, is facing a fresh financial crisis following a recent spike in fuel prices. Maharashtra Transport Minister and MSRTC Chairman, Pratap Sarnaik, on Friday, indicated that the corporation may be forced to hike ticket fares to offset an estimated annual burden of approximately Rs 125 crore.The minister’s statement comes after the central government on Friday increased the prices of pe…
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