{"id":381560,"date":"2020-10-31T12:17:09","date_gmt":"2020-10-31T06:47:09","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=381560"},"modified":"2020-10-31T15:00:50","modified_gmt":"2020-10-31T09:30:50","slug":"maharashtra-state-road-transport-corporation-likely-to-borrow-%e2%82%b92000-crore-to-continue-operations-pay-salaries","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/maharashtra-state-road-transport-corporation-likely-to-borrow-%e2%82%b92000-crore-to-continue-operations-pay-salaries\/","title":{"rendered":"Maharashtra State Road Transport Corporation likely to borrow \u20b92,000 crore to continue operations, pay salaries"},"content":{"rendered":"<p>The cash-strapped Maharashtra State Road Transport Corporation (MSRTC), which runs buses across the state, hopes to secure a loan of \u20b92,000 crore to continue its operations. During the lockdown, MSRTC has suffered a loss of \u20b95,500 crore.<\/p>\n<p>State transport minister Anil Parab said on Friday that MSRTC is seeking \u20b93,600 crore from the state, but may also borrow from the market.<\/p>\n<p>\u201cI have given a proposal to the state seeking \u20b93,600 crore to pay salaries of state transport employees, and for basic operations. Looking at the state government\u2019s [financial] condition, I will not be able to depend on the state alone. Therefore, we are looking at raising funds from the market,\u201d Parab said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cash-strapped Maharashtra State Road Transport Corporation (MSRTC), which runs buses across the state, hopes to secure a loan of \u20b92,000 crore to continue its operations. During the lockdown, MSRTC has suffered a loss of \u20b95,500 crore. State transport minister Anil Parab said on Friday that MSRTC is seeking \u20b93,600 crore from the state, but may also borrow from the market. \u201cI have given a proposal to the state seeking \u20b93,600 crore to pay salaries of state transport employees, and for basic operations. Looking at the state government\u2019s [financial] condition, I will not be able to depend on the state [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[141,130,185],"tags":[],"class_list":["post-381560","post","type-post","status-publish","format-standard","hentry","category-hindustantimes","category-newspapers","category-roads-hindustantimes"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/381560","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=381560"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/381560\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=381560"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=381560"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=381560"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}