Published On: Wed, Sep 16th, 2015

Uttarakhand Government hikes petrol prices by Rs 5 per litre, land registration fees also increased

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  • Harish Rawat led government justifies hike to ensure it makes Rs 17 as revenue per litre of petrol
  • Land registration cost increased by Rs 15000 for land worth more than Rs 5 lakh

Dehradun: In a major blow to the common man, the Harish Rawat government has issued a notice to increase the price of petrol by Rs 5 per litre in all 13 districts of the state. To enhance the revenue to the state exchequer for the first time, the state government on Wednesday formally issued an order hiking petrol prices by Rs 5 per litre, from the current price of Rs 62.20 to Rs 67.20, with immediate effect in all 13 districts.

The order, signed by secretary (finance) Amit Singh Negi came a day after the state government announced the hike.

Addressing a press conference at the secretariat after the notification was issued, state chief secretary Rakesh Sharma and secretary (finance) Amit Negi said the hike had come into effect about a month after the state cabinet gave the green signal to the proposal to introduce a fresh tax known as minimum revenue tax to increase revenue to the state exchequer.

Clarifying the government position on the new tax, Sharma said it was launched to ensure that the state government gets at least Rs 17 as revenue for every litre of petrol to check inflationary trends caused by rapid fluctuation in the prices of petroleum products, based on crude oil prices around the globe. Briefing reporters on why the government had to introduce the new tax, Sharma said this would help make up the financial losses of about Rs 30 crore incurred by the state government during the last financial year.

“We earned an annual revenue amounting to Rs 400 crore from the receipts collected from petroleum products during the previous year, which meant a revenue loss of Rs 30 crore. But after the introduction of the new tax, we will manage to compensate that loss by increasing estimated revenue targets to Rs 430 crore this year,” said Negi.

BJP opposes price hike

There has been considerable opposition to the hike in petrol prices, by the BJP which is the opposition party in Uttarakhand. “We had received much-needed relief when petrol prices came down by Rs 2.50 per litre earlier. But with the state government introducing this new tax, people will have to face renewed hardship,” said a social activist in Dehradun.

Members and office-bearers of the BJP state unit also held a demonstration and brunt the effigies of the state government to protest against rise in the price of petrol.

Land Registration cost also increased

The state government’s order to increase the fee for land registration from Rs 10,000 to Rs 25,000 for plots costing Rs 5 lakh or more will significantly affect landowners in Dehradun, Udham Singh Nagar and Haridwar, where the circle rates were revised a couple of days ago. A source in the state government said that authorities revised the circle rates of land in these plains districts in view of much appreciation in prices of residential and commercial land.

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