In a major respite to employees of the Maharashtra State Road Transport Corporation (MSRTC), the state government on Thursday released Rs 500 crore to be disbursed towards salaries and other necessities, an official said.

As per an official release, a budgetary allocation of Rs 1,450 crore had been made for the MSRTC for the current financial year, of which Rs 838 crore has already been disbursed.