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The Hindu
The Hindu
National
Shiv Sahay Singh

Centre depriving Opposition-ruled States of funds: Mamata

Opposition Mamata Banerjee Lalu Prasad West Bengal Bharatiya Janata Party Petrol

West Bengal Chief Minister Mamata Banerjee on Monday ruled out any reduction in State taxes on fuel in the wake of the Union government reducing excise duty on petrol by ₹8 a litre and diesel by ₹6 a litre.  

The Chief Minister explained that owing to the Centre’s excise duty cut, the State would incur a loss of ₹1.80 on a litre of petrol and a loss of ₹1.03 on a litre of diesel. Ms. Banerjee also pointed out that earlier (February 2021), the State government had reduced the price of petrol and diesel by ₹1 a litre and because of the cumulative effect, the State was losing ₹2.80 a litre on petrol and ₹2.03 on diesel. According to the Chief Minister, the State exchequer is expected to lose ₹1,141 crore a year because of these reductions. 

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