Mumbai, Oct 1 (PTI) The Maharashtra government has cancelled the 10 per cent seasonal fare hike of Maharashtra State Road Transport Corporation (MSRTC) buses.

The decision is likely to result in a loss of additional revenue for the cash-strapped public transport body.

Transport Minister Pratap Sarnaik said on Wednesday that the fare hike was being cancelled on the directive of deputy Chief Minister Eknath Shinde in view of the flood situation in the state.

In a release issued by his office, Sarnaik, who is also the chairman of the MSRTC, said crores of passengers would benefit due to the decision.

MSRTC had planned to implement a 10 percent hike in fares of its ordinary, semi luxury, sleeper-cum-sitting, air-conditioned Shivneri and Jan-Shivneri buses during the peak season of Diwali f

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