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Those responsible for flawed MSRTC tender will face action: CM Fadnavis

Business Standard LogoBusiness Standard7h ago

Those responsible for flawed MSRTC tender will face action: CM Fadnavis - Business Standard

Quick Summary:

"The work orders for the tender process to acquire 1,310 buses were issued when the government formation was underway (after the November 2024 elections), a full cabinet was not in place, and neither the chief minister nor the deputy chief minister had approved it," he said.

Maharashtra Chief Minister Devendra Fadnavis on Wednesday promised a probe into a tender process for leasing buses for MSRTC which is estimated to have caused a loss of Rs 1,700 crore.

Speaking in the legislative council, he said work orders were issued at the level of the Maharashtra State Road Transport Corporation (MSRTC) through "collusion" with contractors, and action will be taken against those responsible within a month.


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Category: BusinessFinance

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Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-12 @ 15:03:29 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 244 words

Reading Time: 2 minutes read

Sentences: 7 lines

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Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 26916739

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