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The Congress government plans to increase duty on beer by 10 percentage points to boost demand for Indian-Made liquor, which is a significant revenue-earner for the state exchequer. This decision comes a month before the state budget and is expected to raise the price of a 650ml beer bottle by Rs 8 to Rs 10. The government aims to bolster the sales of Indian-Made liquor, which have been declining, by making beer more expensive. However, some argue that reducing Indian-Made liquor prices would stimulate revenue. ....
The Congress government plans to increase duty on beer by 10 percentage points to boost demand for Indian-Made liquor, which is a significant revenue-earner for the state exchequer. This decision comes a month before the state budget and is expected to raise the price of a 650ml beer bottle by Rs 8 to Rs 10. The government aims to bolster the sales of Indian-Made liquor, which have been declining, by making beer more expensive. However, some argue that reducing Indian-Made liquor prices would stimulate revenue. ....