Image Representing Maharashtra State Transport Achieves ₹16.86 Crore Profit Under Fadnavis' Leadership

Maharashtra State Transport Achieves ₹16.86 Crore Profit Under Fadnavis' Leadership

The corporation registered a profit of ₹16.86 crore in August, a significant milestone that highlights the effectiveness of the reforms initiated under Fadnavis’ guidance.

by Nagpur Trends Team | Published on 2024-10-07 13:23:13

Nagpur, India: Maharashtra's State Transport (ST) Corporation has achieved a remarkable turnaround under the leadership of Deputy Chief Minister Devendra Fadnavis, recording a profit for the first time in nine years. The corporation registered a profit of ₹16.86 crore in August, a significant milestone that highlights the effectiveness of the reforms initiated under Fadnavis’ guidance.

Fadnavis’ focus on streamlining operations, improving efficiency, and introducing passenger-friendly initiatives has played a pivotal role in transforming the financial health of the ST Corporation. The introduction of a 50% discount on tickets for women has been widely lauded as a step towards empowering women, encouraging more of them to use state transport, thereby increasing passenger volume.

In addition, the free travel scheme for senior citizens above the age of 75 not only provides relief to elderly passengers but also reinforces Fadnavis’ commitment to inclusive governance. This compassionate policy ensures that senior citizens have access to affordable and convenient transportation, further boosting the corporation's public service credentials.

The return to profitability comes as a major victory for the state-run service, which had been struggling with financial losses for nearly a decade. Fadnavis’ reforms, which include modernizing the fleet, optimizing routes, and enhancing commuter experiences, have breathed new life into Maharashtra's transport system.

With these successful initiatives, Fadnavis has demonstrated not only his acumen in managing critical state services but also his dedication to improving the quality of life for the common citizens of Maharashtra. This profit marks a new chapter for ST Maharashtra, proving that with strong leadership and innovative policies, even long-standing challenges can be turned into successes.