Tipplers helped state sail through 2020-21 by surpassing excise revenue target
PTI, Apr 1, 2021, 5:11 PM IST
Bengaluru: Amid the gloomy economic scenario throughout the lockdown in the previous fiscal, tipplers of Karnataka assiduously held the fort on the revenue front and helped the state surpass the targeted excise revenue.
Data shared by the State excise department showed that the targeted revenue of state excise in 2020-21 was Rs 22,700 crore, which was 1,116.04 crores above the excise revenue collection during 2019-20.
The target set by the state government seemed extremely difficult, if not impossible. However, by the end of March 31, 2021, the revenue collection was Rs 23,131.28 crore.
“The increase in revenue in 2020-21 compared to 2019-20 was Rs 1,547.33 crore,” an excise official said.
The achievement was despite the fact that the entire April 2020 ran dry for the tipplers due to stringent lockdown and only Rs 1.06 crore worth of liquor was sold in that month.
As the lockdown was lifted partially, the boozers stormed liquor outlets generating a revenue of Rs 1,404.08 crore in May 2020, which was yet short of about Rs 650 crore of the monthly target. However, the situation changed from June with lockdown curbs being further relaxed.
In terms of India Made Foreign Liquor, 583.23 lakh carton boxes were sold in the previous fiscal, which was about 17.5 lakh cartons less compared to 2019-2020.
The beer sale in 2020-21 was 237.82 lakh cartons, which was about 42 lakh cartons less compared to 2019-2020.
The dip in consumption of liquor did not result in a dip in revenue
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
Davanagere: Man murdered by relative for insurance money; 4 arrested within 24 hours
Govt clerk found dead in Tahsildar’s chamber, FIR filed against minister’s PA, 2 others
MP Brijesh Chowta urges Kerala CM for strict action against attack on Edneer Swamiji’s vehicle
Mangaluru: Asiatic male lion arrives at Pilikula Zoo
Waqf Notice Issue: Not an accident, but state government’s conspiracy, claims V. Sunil Kumar
MUST WATCH
Latest Additions
Davanagere: Man murdered by relative for insurance money; 4 arrested within 24 hours
Heroin worth Rs 3.5 crore recovered in police raid in Delhi, 2 arrested
Govt clerk found dead in Tahsildar’s chamber, FIR filed against minister’s PA, 2 others
Treated Muslims like fuel for ‘lantern’: Prashant Kishor targets Lalu, asks upper castes to stay away from Nitish
MP Brijesh Chowta urges Kerala CM for strict action against attack on Edneer Swamiji’s vehicle
Thanks for visiting Udayavani
You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.