Mumbai, May 18 -- In view of the rising fuel costs faced by the Maharashtra State Road Transport Corporation (MSRTC), a proposal to increase passenger fares is under consideration.

However, Transport Minister and MSRTC Chairman Pratap Sarnaik clarified that no immediate fare hike will be implemented, according to an official press note issued by the Office of the Transport Minister.

A meeting of senior MSRTC officials was held on Monday at Mantralaya under the chairmanship of Minister Pratap Sarnaik to discuss the impact of rising diesel prices. The meeting was attended by MSRTC Vice Chairman and Managing Director Dr Madhav Kusekar and other senior officials.

Speaking on the occasion, Minister Sarnaik said that the recent increase in d...