According to reports, the Maharashtra State Transport Authority (STA) approved a 14.95 percent increase in MSRTC bus fares, effective midnight. A press release from the Maharashtra Motor Vehicles Department stated that the STA meeting finalised the fare hike decision.
The Mumbai Metropolitan Region Transport Authority (MMRTA) held a meeting on Friday, deciding to increase the per-kilometre fare for Mumbai’s black-and-yellow taxis and auto-rickshaws in the Mumbai suburbs by ₹3. This new fare will come into effect from February 1, 2025. Under this, the minimum auto fare will increase from ₹23 to ₹26 from February 1st, while the minimum taxi fare will rise from ₹28 to ₹31.
It should be noted that the Maharashtra State Road Transport Corporation (MSRTC), known as ST buses in the state, is one of the largest public transporters in the country. MSRTC has a fleet of 15,000 buses, carrying 5.5 million passengers daily.