The Uttar Pradesh government's earnings have suffered a major setback amid the coronavirus and lockdown. In such a situation, the Yogi government has taken many important decisions to improve the economy. In the same sequence, on Wednesday, in the UP Cabinet meeting, it was approved to increase VAT by two rupees per litre on petrol and one rupee per litre on diesel. Apart from this, the price of country liquor has also been increased by five rupees. The price of English liquor has been increased from 20 to 400 rupees. The increased prices will be applicable from 12 o'clock tonight. In a cabinet meeting chaired by Chief Minister Yogi Adityanath on Wednesday, 10 important proposals have been approved along with the approval of Uttar Pradesh Public Health and Epidemic Disease Control Ordinance 2020.
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UP cabinet increase VAT on petrol and diesel to revive the derailed economy due to the ongoing lockdown due to Covid 19. In a cabinet meeting chaired by Chief Minister Yogi Adityanath, it was approved to increase VAT on petrol and diesel. Apart from this, the price of alcohol has also been increased. After the meeting, Cabinet Minister Suresh Khanna said in a conversation with the media that due to the lockdown, our tax collection has dropped a lot. Our economic situation has been weak this month. Keeping this in mind, this decision has been taken.
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Its price will be Rs 73.91 per litre. The price of diesel will increase from Rs 62.85 per litre to Rs 63.86 per litre. He said that it was very important for us to raise resources. Our demand was Rs 12141 crore, against which Rs 1178 crore was made. Minister Suresh Khanna said that the UP government has increased this price to increase its resources. With this increase, the UP government will get an additional revenue of Rs 2070 crore.
