MSRTC Struggles: Losses and Plans for Revival Over Four Years

The Maharashtra State Road Transport Corporation (MSRTC), a bus service, has been losing money for many years.

In the last year alone, it lost a lot of money.

The government is trying to help by bringing in new buses and using land for fuel stations to make money.

The Transport Minister wants to fix things within four years.

The company started a long time ago, and has seen a drop in the number of buses, passengers and employees.

They have a lot of debt, including unpaid salaries and taxes.

The government has given them money to keep running.

They plan to improve things by adding new buses, improving routes, and helping their employees.