Conductor Prabhu Kale was standing inside MSRTC's Jafrabad depot on August 31, 2018 when one of its buses dashed into him.
Parab, who is the chairman of MSRTC, said this financial package will help the transport body get back track and will meet expenses such as salaries of employees and fuel costs for the next six months
Employees of the MSRTC, which is one of the biggest road transport undertakings in the county with a fleet of over 18,000 buses, have not received their salaries for the last three months.
They said MSRTC, with a fleet of some 18,000 buses and one lakh employees, was considering the demand.
Anil Parab, who is also the chairman of the MSRTC, told reporters that the corporation was trying to raise money through external means too.
Anil Parab, who is also the chairman of MSRTC, said people will be able to travel on ST buses as per the existing fares.
BEST, the Mumbai civic body's transport wing, had hired buses, drivers and conductors from the Maharashtra State Road Transport Corporation (MSRTC) on contract.
In the MMR, which covers areas from adjoining Thane, Raigad and Palgar districts, the MSRTC is operating around 550 buses.
With a fleet of over 18,000 buses and nearly one lakh workforce, MSRTC is one of the biggest state road transport corporations in the county.
As per the agreement, 30 petrol and diesel pumps and five LNG pumps will be set up on vacant plots of the MSRTC.