Home » Business » State Transport Authority has collected Rs 117 Crores motor vehicle revenue in the month of September 2020
frt

State Transport Authority has collected Rs 117 Crores motor vehicle revenue in the month of September 2020

Cuttack:15/10/20: The State Transport Authority has collected Rs 117 Crores motor vehicle revenue in the month of September 2020. It has registered an increase of over 31 percent over the previous month of August collection of Rs 89.5 crores. However, the collection is still 7 percent less than the Rs 126 Crores collected in September 2019. This is the lowest margin in this financial year.

After the opening of lockdown restriction from June 2020 onwards, the MV revenue is improving every month. In the month of lane 2020, the collection was 15% less than the collection in June 2019, and July collection was 18% less, August was 20% less. However, the collection in the month of September 2020 has bridged the collection figure gap to only 7 percent less than that of September 2019. The collection has picked up due to the growing sale of new motor vehicles and the collection of taxes due to increased economic activity, particularly in the mining sector.

Cuttack: The State Transport Authority has collected Rs 117 Crores motor vehicle revenue in the month of September 2020. It has registered an increase of over 31 percent over the previous month of August collection of Rs 89.5 crores. However, the collection is still 7 percent less than the Rs 126 Crores collected in September 2019. This is the lowest margin in this financial year.

After the opening of lockdown restriction from June 2020 onwards, the MV revenue is improving every month. In the month of lane 2020, the collection was 15% less than the collection in June 2019, and July collection was 18% less, August was 20% less. However, the collection in the month of September 2020 has bridged the collection figure gap to only 7 percent less than that of September 2019. The collection has picked up due to the growing sale of new motor vehicles and the collection of taxes due to increased economic activity, particularly in the mining sector.

About Ashok Palit

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.

Leave a Reply

Your email address will not be published.

x

Check Also

cm

Redevelopment of Swargadwar constitutes an important part of the 5T initiative

Puri:24/10/20 Secretary to the Chief Minister (5T ) VK Pandian today visited Puri and reviewed the progress of development of Swargadwar and ‘Gosala’ for stray cattle and rehabilitation of beggars. After ...