Move will bring price rationalization, price parity with other states and mitigate the inflationary pressure. Jaipur : The International Spirits & Wines Association of India (ISWAI), an apex body of the premium alcobev sector, welcomed the Rajasthan Government’s new Excise Policy for 2022-23 and 2023-24, hailing it as a progressive and stakeholder friendly policy that…
Country liquor was the bestseller, accounting for 35% of the total sale. (Image for representation: Shutterstock/File) Data from excise department shows that a revenue of Rs 23,000 crore was generated in the period from June 2020 to December 2021. News18.com Last Updated:January 29, 2022, 15:36 IST FOLLOW US ON: Liquor sales in West Bengal…
Rice procurement and offtake (lakh tonnes) Year Procurement (Oct-Sept) Offtake (Apr-Mar) 2018-19 443.99 344.35 2019-20 518.26 349.74 2020-21 601.85 563.24^ 2021-22 406.14* 405.67^ ^Including under PMGKAY; *Upto January 23; **Upto December 31 New Delhi, January 29 As paddy procurement rises every year, much above the 28 million tonnes (mt) official annual requirement for distribution under…
THIRUVANANTHAPURAM: A liquor policy draft is under preparation in the state which includes permission to allow the opening of more foreign liquor retail outlets and the production of mild liquors from fruits. An official announcement will be made in February after CM’s return. The draft is being prepared by the Excise Commissioner. Suggestions will be…
MARGAO/PERNEM/PANJIM: The State Police seized illicit liquor worth nearly Rs 18.9 lakh in separate raids conducted at Colva, Morjim and Panjim. In the first case, Colva Police conducted a raid on a building in Colva and seized illicit liquor worth Rs 11.41 lakh which was stored in the storeroom. Police said they received information…
MANGALURU: The increase in Covid-19 numbers has cost the excise department its revenue because liquor sales have been poorer compared to December 2020. Restrictions during Christmas and in New Year celebrations as well as the closure of liquor shops because of MLC and other elections caused the sales to slump. During Christmas 2020, 17,317 cases…
New Delhi: Restaurants and bars across the city, buoyed by the normalising Covid situation, good turnouts and the promise held by the new excise policy, had paid hefty licence fees in November, even agreed to rent increases in some cases. But instead of the buzzing festive season, business crashed as the coronavirus made new inroads…
New Delhi, Dec 3 (PTI) In implementation of its new excise policy, the Delhi government has so far registered 516 liquor brands and fixed maximum retail price for 505 brands, government officials said on Friday. The 505 brands include 166 brands of whiskey, 154 of wine, 65 of beer and 55 of vodka, according to…
While the consumption of imported liquor is already rising, the Maharashtra government last week slashed excise duty on imported liquor from 300% to 150% (50%) in a bid to further boost the share of imported liquor in overall consumption while curtailing smuggling and dealing in illicit liquor. The move will further increase imported liquor’s share…
Congress leader and former Revenue Minister Haroon Yusuf fumes, “Look how their priorities have changed over the years. Earlier the focus was on Mohalla clinics but today their priorities are opening up liquor shops in every Mohalla. So huge is their greed that many of these vends are now also close to schools.” Vijender Gupta,…