Petrol and diesel prices in Madhya Pradesh shot up by around Rs 4.5 per litre from Saturday, after the State Government raised additional duty on these petroleum products by Rs 2, a day after the Centre increased taxes on them.
Presenting the Budget for 2019-20, Finance Minister Nirmala Sitharaman had on 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 revenue.
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.”
The Congress had promised in its poll manifesto ahead of the Assembly election that prices of petrol and diesel will be reduced by Rs five.