Rs.21,054 crore collected as petrol, diesel cess in 2014-15

Image
IANS New Delhi
Last Updated : Dec 10 2015 | 10:48 PM IST

The government has collected Rs.21,054 crore through cess levied on petrol and diesel in the last fiscal ended March, parliament was told on Thursday.

The collection was higher by 22 percent over the Rs 17,330.87 crore collected in 2013-14, Minister of State for Road Transport P.Radhakrishnan told the Lok Sabha in a written reply.

The collection in 2012-13 was at Rs.16,401.91 crore.

The cess on petrol and high speed diesel is utilised for development and maintenance of national highways and development of rural roads, the minister said, adding it is also used in the development and maintenance of other state roads of inter-state and economic importance and for the improvement of safety at rail-road crossings, among others.

"Besides, the ministry also approves/sanctions works for development of state roads under CRF including roads of Economic Importance (EI) and Inter-State Connectivity (ISC)," he said.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 10 2015 | 10:36 PM IST

Next Story