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The new fiscal year starts with a shock of inflation. Many items of your need and everyday use will become expensive from 1 April. Everything from milk to electricity and AC to air travel will become expensive. If the ride of cars will be expensive, then buying a smartphone will also become expensive. From 1 April 2021, buying TV will become expensive. In the last 8 months, the price of TV has increased by 3 to 4 thousand rupees. TV manufacturers have also demanded to bring TV into PLI schemes.
AC-fridge prices will increase in inflationary fire
This year, inflation is set to be on those who buy AC or fridge in the summer season. From April 1, AC companies are planning to increase the price. Companies are preparing to increase the price of AC due to the increase in the prices of raw materials. Companies making AC are planning 4-6% increase in price. That is, the price per unit AC can increase from Rs 1500 to Rs 2000.
Air travel will be expensive
Now you have to lose more pockets to travel by air. The government has decided to increase the minimum fare for domestic flights by 5 percent. The aviation security fee, or ASF, is also going to increase from 1 April. The aviation security fee for domestic flights from April 1 will be Rs 200. Currently it is 160 rupees. While the fees for international flights will increase from $ 5.2 to $ 12. The new rates will come into effect from April 1, 2021. Travel on the Agra-Lucknow Expressway is going to be more expensive. The Uttar Pradesh Expressway Industrial Development Authority Board has approved the new rates for the year 2021-22. An increase of at least Rs 5 and a maximum of Rs 25 have been made. The new rates will be applicable from 1 April.
Liquor expensive in UP - beer cheaper
Apart from this, a new excise session will start in Uttar Pradesh from April 1. New prices of beer, domestic wine and English liquor will be introduced in UP in the new excise session. Beer will become cheaper from April 1 in the new excise season, but domestic and foreign liquor prices will go up.
According to the information, from April 1, the price of one beer can be reduced by up to 20 rupees, while the domestic liquor will be increased by 5 rupees. The prices of English liquor are also likely to increase by Rs 20 per quarter
In fact, the Uttar Pradesh government has increased the permit fees for foreign liquor, Scotch wine and vodka from 1 April. After this, the permit for liquor with an ex-custom bond price of over 600 rupees has been increased. After this new policy of the UP government, the excise department says that from April 1, the prices of beer will decrease in UP and there will be an increase in the price of Indian and English liquor. However, if departmental officials are to be believed, there is little chance of an increase in the prices of cheap brands of English liquor.
Car ride will be expensive
If you are planning to buy a car or bike, then become ready for extra charges, because after that most companies are going to increase the price. Companies like Maruti, Nissan have announced a price hike. Nishan has also announced an increase in the price of its second brand Duston vehicles.