The Maharashtra State Road Transport Corporation (MSRTC), India's largest state-run bus service, has revealed a staggering increase in its accumulated losses, reaching Rs. 10,324 crore by the end of the 2023-24 financial year—more than double the Rs. 4,603 crore reported in 2018-19. A white paper detailing the corporation’s financial state also projects further losses of Rs. 1,217 crore for 2024-25.