Patu on Padya: Petrol-diesel costs Rs 2 more in Gujarat, additional revenue of Rs 1,500 to 1,800 crore planned

- New price in the state, Rs. 73.88 and diesel Rs.72.12

Ahmedabad. 16 June 2020, Monday

The Gujarat government has also decided to increase petrol and diesel prices by Rs 2 crore from midnight today. As a result of this decision of the Gujarat government, the revenue of the government is likely to increase by an estimated Rs. 1500 to 1800 crore this year. Petrol price in Gujarat is Rs. Is 71.88. In which an increase of Rs. 2 will be Rs. 73.37.

Under the impact of the lockdown caused by the corona virus infection, the Gujarat government's tax revenue is estimated at Rs. Petrol and diesel prices are likely to fall by Rs 24,500 crore to Rs 26,000 crore per liter. 2-2 has been increased. With this, the price of petrol in Gujarat is Rs. 73.88 per liter and the price of diesel is Rs. Will be 72.12.

Stating that the Gujarat government is also committed to provide benefits and facilities to the citizens through austerity, Deputy Chief Minister Nitin Bhai Patel said that as a result of the two-month lockdown, business and employment have come to a standstill. Revenue is projected to decline by Rs 24,500 crore to Rs 26,000 crore.

It includes Rs. 10,000 crore, revenue from petrol and diesel VAT is expected to fall by about Rs. 8,000 to 8,500 crore, revenue from motor vehicle sales by about Rs. 2,000 crore and revenue from electricity duty by about Rs. He said that after the increase in petrol and diesel prices by Rs 2-2, Gujarat has the lowest petrol and diesel prices in the country.

83.83 in Madhya Pradesh, Rs. 83.86 and Rs. 83.14 in Rajasthan. Prices in other states are 10 to 12 rupees higher than ours, so this decision has been made. Similarly, the price of diesel in the state is currently Rs. With the increase of Rs. 7 will be 12.

If sales continue as usual, revenue from petrol and diesel is expected to increase by about Rs 1,500 crore to Rs 1,800 crore. Many states have raised prices to boost their revenues in the face of the Corona epidemic. It has been decided to increase petrol and diesel prices by Rs 2 crore from midnight today.

The Deputy Chief Minister said that the state government was also committed to provide the necessary benefits and facilities to the citizens through austerity as the revenue of the country and the states had also come down sharply as a result of the two-month lockdown that resulted from the Corona epidemic.

The Deputy Chief Minister did not say that the motor vehicle tax - as per the budget for the current year, the state has to pay Rs. Revenue of Rs 4558 crore was estimated. But in April and May, motor vehicle tax revenue was only Rs. 60 crore.

Private luxury buses (contract carriage buses) and jeeps, taxis (maxi cabs) etc. have been given full exemption from paying 6 months motor vehicle tax (road tax) as citizens have control over transportation due to lockdown.

The amount is Rs. 221 crores. Owners of freight trucks and Tempo (Goods Vehicle) are exempted from paying Goods Motor Vehicle Tax (Road Tax) for a period of two months from 1 April 2020 to 31 May 2020 in view of the financial loss incurred in the Corona situation. The amount is Rs 100 crore. Overall, about 40 per cent to 45 per cent of motor vehicle tax revenue i.e. Rs. 1800 to 2000 crore is estimated to be reduced.

Petrol-diesel prices rose for the ninth day in a row in the country

In the last nine days, petrol prices have gone up by Rs 5 and diesel by Rs 4.87

Oil companies hiked petrol and diesel prices for the ninth day in a row. Today, a liter of petrol was hiked by 48 paise and a liter of diesel by 23 paise. There was no daily change in petrol and diesel prices for 82 days following the lockdown.

According to state-owned oil marketing companies, the price of a liter of petrol in Delhi today rose from Rs 75.78 to Rs 76.26. The price of a liter of diesel has gone up from Rs 74.03 to Rs 74.26.

The hike in petrol and diesel prices applies across the country but the rates of petrol and diesel vary from state to state as VAT rates vary from state to state.

After no change in petrol and diesel for 82 days, daily change in petrol and diesel prices has been started from June 7. In the nine-fold hike so far, the price of a liter of petrol has been hiked by Rs 5 and a liter of diesel by Rs 4.87.

The daily change in petrol-diesel prices was stopped in mid-March after the excise duty on petrol and diesel was increased. However, state-owned oil companies Indian Oil Corporation (IOC), Bharat Petroleum Corporation Limited (BPCL), Hindustan Petroleum Corporation Limited (HPCL) did not affect consumers on the increase in excise duty on petrol and diesel. Did.