BENGALURU: Increasing fuel prices have helped the state government earn additional revenue of nearly Rs 2,000 crore in the past four months, even though consumption has remained moderate. The government mopped up Rs 6,314 crore between September 2020 and mid-January 2021, Rs 1,896 crore more than the figure of the corresponding period in 2019-20.
While daily consumption of petrol has reached pre-Covid levels of 20,000 kilolitres, that of diesel is only about 70 per cent of the average recorded before the pandemic. “This shows that additional revenue came from increasing fuel prices,” said KM Basave Gowda, president, Akhila Karnataka Federation of Petroleum Traders.
