City
Epaper

Odisha: New Motor Vehicle Act decreases demand for petrol and diesel

By ANI | Updated: September 9, 2019 20:00 IST

Demand for petrol and diesel has decreased in Odisha after the implementation of new Motor Vehicle Act 2019 as fewer vehicles are plying on roads due to fear of higher fines as provisioned under the new traffic rules.

Open in App

Demand for petrol and diesel has decreased in Odisha after the implementation of new Motor Vehicle Act 2019 as fewer vehicles are plying on roads due to fear of higher fines as provisioned under the new traffic rules.

The decrease is to the tune of 16.5 lakh litres of fuel -- petrol and diesel combined -- which has resulted in a loss of around Rs 5 crore to the state exchequer, said Sanjay Lath, general secretary of Utkal Petroleum Dealers' Association, while talking to .

"The implementation of the new Motor Vehicle Act 2019 has led to a decrease in the sale of petrol by 4,08,000 litres per day and in the sale of diesel by 12,45,000 litres per day," he said.

"The state is losing revenue of Rs 58 lakh per day and Rs 81 lakh per day excise duty on petrol. On diesel, the state government is losing out Rs 1,78,00,000 per day and the Central government is losing out Rs 1,97,00,000 per day," added Lath.

Talking about higher penalties, Abhimanyu Senapati, an auto driver, said: "Punishment should be relaxed for smaller vehicles. The insurance cost has escalated by a high amount in the past few years."

"I have been in queue for four to five hours for pollution checking. The fine on pollution checking should not be Rs 10,000. It should be decreased for smaller vehicles," said Madhusudan Malik, a car owner.

( With inputs from ANI )

Open in App

Related Stories

InternationalFM Nirmala Sitharaman arrives in Milan to attend ADB's 58th annual meeting

Cricket"Youngsters playing their best cricket": Chamari Athapaththu hails batters after SL win over India Women

InternationalTaiwan plans stricter rules for officials' travel to China

Cricket"Such wins will give us self-belief": Varun Chakravarthy on KKR's last-ball victory over RR at Eden Gardens

InternationalUnion Minister Kiren Rijiju visits Samten Hills Dalat in Vietnam

National Realted Stories

NationalJapan's involvement important to foster Assam's economic growth: CM Sarma

NationalSecurity forces seize drugs valued at Rs 48.7 crore in Manipur; one held

NationalNCW Chairperson condemns verbal attack on slain Navy officer's widow

NationalOdisha: Six held for duping LIC officer of Rs 78 lakh

NationalParvati-Kalisindh-Chambal river linking project will start taking shape soon: MP CM