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With liquor shops open, UP expects to recoup part of average excise mop-up

The UP government expects to recoup at least part of its average excise mop-up of nearly Rs 100 crore daily till the time the restrictions are removed

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Uttar Pradesh earns more than Rs 1 trillion in tax and excise revenue annually

Business Standard
MP cries for help

Economic activities have been affected in the country due to the lockdown and Madhya Pradesh is no exception to this. If sources are to be believed, the Bharatiya Janata Party government has dashed off a letter to the Centre for financial help. The state has requested the Centre to “honour the devolution amount promised in the Budget”. Chouhan has also requested 2 per cent of gross state domestic product as additional borrowing to cover for the lack of resources. The previous government, run by the Congress, had blamed the Centre for reducing its share in central taxes