Yogi government targets Rs 20,595 crore in excise revenue

The Yogi Adityanath government in Uttar Pradesh (UP) is targeting Rs 20,595 crore in excise revenue during the current financial year, a hike of almost 45 per cent compared to net excise revenue mop-up during FY17.

Over the past five years, the excise duty collection in UP had clocked a maximum growth of about 19 per cent. In FY17, the revenue collection had grown by an abysmal low of 1.35 per cent. During FY14, the excise revenue had grown by 19 per cent to Rs 11,643 crore. (See table)

The Yogi government is confident of its excise kitty burgeoning during