Odisha: Rs 96 Crore Motor Vehicle Revenue Collected in June
Bhubaneswar: Odisha has collected Rs 96 core motor vehicle revenue in the month of June 2020 against Rs 112.7 crore collected in June last year. “Motor vehicle revenue has picked up during the month of June 2020, with collection of Rs 96 crore against Rs 112.7 crore collected in June 2019. The revenue decreased by [...]
Bhubaneswar: Odisha has collected Rs 96 core motor vehicle revenue in the month of June 2020 against Rs 112.7 crore collected in June last year.
“Motor vehicle revenue has picked up during the month of June 2020, with collection of Rs 96 crore against Rs 112.7 crore collected in June 2019. The revenue decreased by 14.8 percent in real terms. This is quite encouraging considering the fact that several parts the State are either in lockdown or shutdown almost throughout the quarter”, the Odisha State Transport Authority (STA) informed.
Rs 159.8 Crore has been collected in the quarter April to June 2020 against collection of Rs 384 Crore April to June 2019. There is 58 percent fall in revenue collection for the quarter.
The revenue collection was Rs 28.66 crore April against Rs 166.2 Crore collected in April 2019, thereby decreased over 83 percent. The revenue collection was Rs 35 crore in May against Rs 105 crore collected in April 2019, thereby decreased over 67 percent.
Vehicle sale has picked up in June with sale of 43 thousand vehicles despite lockdown the State due to COVID Pandemic. About 29 thousand vehicles have been sold till 20th July 2020.
During the month of May, 15 thousand vehicles were sold and only 2599 vehicles were sold in April. Due to lockdown from 22nd March, the sale had gone down.
On an average about 60 thousand vehicles are sold a month during normal time. In 2019, the months of April, May, June, 75 66, 64 thousands vehicle were sold respectively, the STA said.
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