Uttarakhand cabinet hikes liquor and fuel prices

May 7, 2020

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The Uttarakhand government has increased the price of petrol by one rupee and diesel by two rupees from Thursday. Health care tax has been imposed in various brands of liquor varying from twenty rupees to five hundred rupees. This decision has been taken to make up for the loss caused to the state by the lockdown due to Covid-19.

A cabinet meeting was held on Thursday evening under the chairmanship of Chief Minister Trivendra Singh Rawat. Government spokesman and cabinet minister Madan Kaushik said that the state government has increased the prices of alcohol, petrol and diesel in view of the revenue loss due to Corona.

Price of Indian Made Foreign Liquor (IMFL) has been increased by Rs 20-200 per bottle. Price of overseas liquor increased by Rs 475 per bottle & price of Indian liquor increased by Rs 20 per bottle: Uttarakhand Minister Madan Kaushik https://t.co/6BPdBJvAeL

— ANI (@ANI) May 7, 2020

A health care tax is imposed per bottle of alcohol. Prices have been increased in all three categories of liquor. The tax to be earned from the new rate will be spent in various schemes of the state and prevention of Covid-19. It is estimated that an additional revenue of 250 crores will come from the health care tax. The increased prices will remain effective in this financial year. The state government has taken care that the prices of liquor remain less than Uttar Pradesh. VAT on petrol and diesel has been marginally increased.