In Maharashtra, petrol and diesel would be dearer by Rs 1 per litre.
But, there is an innovation behind it. The Uddhav Thackeray-led Maha Vikas Aghadi government has decided to increase VAT by Rs 1 on petrol and diesel to great a Green Fund.
Deputy Chief Minister Ajit Pawar, who holds the finance and planning portfolios, said that the government will be able to raise Rs 1,800 crore at the end of the next fiscal year.
According to Pawar, from this additional collection, a special Green Fund would be created, which will be utilised by the government for conservation of the environment, specifically for projects related to sewage disposal and waste management.
