Shubham Jaiswal (email@example.com)
As the gradual opening up of the economy begins today with ‘Unlock 1’, the Maharashtra government has hiked cess on fuel by ₹2 a litre. As a result, the price of petrol and diesel has gone up by ₹2 a litre each in Mumbai and other parts of the state with effect from today.
From today, a litre of petrol costs ₹78.32 per litre in Mumbai while diesel is available at ₹68.21 in the city. Earlier in March also, the state government had hiked VAT (Value Added Tax) by Rs 1 litre each for both automobile fuels.
Amid the coronavirus — induced lockdown, most stating governments have hiked taxes an on fuel to boost up revenues.