Maharashtra Government Announces Diwali Grant and Salary Arrears for MSRTC Employees

Strategic Insights -

In a bid to provide financial support to Maharashtra State Road Transport Corporation (MSRTC) employees, the state government has announced a Diwali grant of Rs 6,000 each, along with salary arrears under the new pay revision. The move is expected to benefit around 85,000 employees and officers of the corporation. Deputy Chief Minister Eknath Shinde made the announcement during a meeting with MSRTC employee unions at Sahyadri Guest House, Mumbai.

Key Takeaways:

  • The Maharashtra government will provide a Diwali grant of Rs 6,000 each to around 85,000 MSRTC employees and officers.
  • Salary arrears from 2020 to 2024 will be disbursed alongside regular monthly pay, with the government providing Rs 65 crore every month to the corporation.
  • Eligible employees will receive a Diwali advance of Rs 12,500 each, similar to previous years.
  • The government is committed to strengthening MSRTC financially and increasing its revenue through plans such as developing MSRTC properties under a Public-Private Partnership (PPP) model.
  • Transport Minister Pratap Sarnaik informed that the state has sanctioned Rs 51 crore for the Diwali grant, while the corporation has requested an additional Rs 54 crore to cover festival advances for interested employees.
  • Deputy CM Shinde emphasized the importance of supporting MSRTC employees, citing the challenges caused by heavy rains in parts of the state.

Statistics:

  • Around 85,000 MSRTC employees and officers will receive a Diwali grant of Rs 6,000 each.
  • The government will provide Rs 65 crore every month to the corporation for disbursing salary arrears from 2020 to 2024.
  • Eligible employees will receive a Diwali advance of Rs 12,500 each, similar to previous years.
  • The state government has sanctioned Rs 51 crore for the Diwali grant.
  • MSRTC has requested an additional Rs 54 crore to cover festival advances for interested employees.

Sources:

  • Indian National Press (Bombay) Pvt. Ltd., distributed by Contify.com (2025)