Mitra said that the move will provide some respite to people stung by burgeoning prices of fuel. West Bengal govt reduces tax by Re 1 per litre on petrol, diesel | Photo Credit: BCCL
Kolkata: West Bengal government today announced a reduction of tax by Re 1 per litre on petrol and diesel effective from midnight. West Bengal government decides Re 1 cut in prices of petrol and diesel to be applicable from midnight, news agency ANI quoted West Bengal finance minister Amit Mitra as saying.
Mitra said that the move will provide some respite to people stung by burgeoning prices of fuel.
India Today Conclave: Amit Mitra defends Bengal s growth model, accuses centre of destroying federalism
On GST compensation, trust is lost. The Centre has cut central schemes in the name of reorganisation. They even cut our devolution, which is a constitutional right. They increased cess and surcharge, said West Bengal Finance Minister Amit Mitra
BusinessToday.In | February 11, 2021 | Updated 16:22 IST
West Bengal Finance Minister Amit Mitra
West Bengal Finance Minister Amit Mitra, during India Today Conclave East 2021 session on ECONOMIC AGENDA: Growth vs populism: The Bengal model , accused the Centre of destroying the federalist polity of India piece-by-piece . He said the Centre was hurting the country s federalism structure. On GST compensation, trust is lost. The Centre has cut central schemes in the name of reorganisation. They even cut our devolution, which is a constitutional right. They increased cess and surcharge.
‘States must be allowed additional 2 per cent borrowing unconditionally during FY-22’
January 22, 2021
Amit Mitra, West Bengal Finance Minister×
WB urges Centre for change in the date of devolution of the State’s share in Central taxes
West Bengal has asked the Centre to allow States to borrow additional 2 per cent of Gross State Domestic Products (GSDP) unconditionally during FY 2021-22 starting April 1. It also wants date of devolution to change.
“Imposition of conditions for borrowing further limits the fiscal space for States,” West Bengal Finance Minister Amit Mitra wrote in a letter to Finance Minister Nirmala Sitharaman. Last year, the Centre permitted additional two per cent borrowing, half of that unconditionally while remaining was attached to four reforms such as PDS and power, . Further, he said that State Government will need to invest more in capital sector projects to boost the economy.