Petrol and diesel prices in Madhya Pradesh shot up by around Rs 4.5 per litre from Saturday with the state government raising additional duty on these petroleum products by Rs two, which comes a day after the Centre increased taxes on them.
Presenting the Budget for 2019-20, Finance Minister Nirmala Sitharaman Friday raised excise duty and road and infrastructure cess on the auto fuels by Rs 2 per litre each to raise over Rs 28,000 crore.
State minister Jitu Patwari said, "The state government was forced to take a decision of levying additional tax after the Centre reduced the Madhya Pradesh's share by Rs 2,677 crore in the central budget presented on Friday."
When asked about the promise, the Minister for Sports and Youth Welfare said, "State's budget is to be presented only four days from now. The printing of the budget has already started. In this situation, we have to compensate the loss incurred by the sudden reduction of state's share by the Centre."
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