Indian alcohol stands as the second, third or fourth largest revenue generator in different states in terms of contribution to a state’s coffer.
According to the World Health Organisation (WHO), 30% of the Indian population drink alcohol on a regular basic out of which 11% of the people are heavy drinkers. The Organisation for Economic Cooperation and Development, 2015 report showed, alcoholism has increased at a rate of 55% between 1992 and 2012. Out of heavy revenue contributors, states like Kerala and Tamil Nadu hold a strong place when it comes to alcohol. In the 2012-2013 financial year, the total excise and commercial tax revenue of Kerala (IMFL and toddy) were ₹8,000 crore from alcohol; approximately 22% of the total government revenue. While India is holding the largest whisky market in the world, five states of the country have banned this totally. Gujarat, Nagaland, Mizoram and Manipur, officially prohibits drinking liquor, recently Bihar has been added in the list.
Legal perspective
About liquor ban, Article 47 of Indian constitution says, “The state shall endeavour to bring about prohibition of the consumption except for medicinal purposes of intoxicating drinks and of drugs which are injurious to health.” But there is an exception; foreigners and NRIs can get a permit having a validity of 30 days.
Most of the people in India are not aware of the law. One of the reasons is that the law depends from a state to state. Alcohol law is included in the Seventh Schedule of the Constitution of India and comes under the state list. Therefore, the state can modify the alcohol laws according to their own wish. The states that define selling alcohol is illegal, are called as ‘Dry States’ in India. The sale and consumption of alcohol is banned and restricted in the following 6 states of India. The states are Bihar {Excise (Amendment) Bill 2016 Section 19(4)}, Gujarat {Bombay Prohibition (Gujarat Amendment) Bill, 2009},
Diese Geschichte stammt aus der August 16 - 31, 2018-Ausgabe von BUSINESS ECONOMICS.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der August 16 - 31, 2018-Ausgabe von BUSINESS ECONOMICS.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
Deposit shortage: challenges facing India's banking ecosystem
In any macroeconomic framework, the household sector plays a critical role as a driver consumption, savings, and overall economic activity.
India's future dreams in Semiconductors & AI
A midst the gloom of the RG Kar affair or the Tirupati laddu scam or even the continued terrorist attacks in Jammu & Kashmir, even after the completion of the first general election in the state, we find hope and encouragement when the founder of Nvidia, Jensen Huang, in his recent visit to India says \"India will be a gigantic opportunity for us\".
The Ramayana: Justice and Modern Man
Consisting of Twenty-Four Thousand worthy Sanskrit verses, the Ramayana is one such epic, which provides a pathway to one committed to justice to establish himself as an ideal human being by following the exemplary life of its hero.
Vallabhbhai Patel: A Sardar of Farmers, A Matchless Social Reformer and the Maker of United India
Sardar Vallabhbhai Patel was instrumental in unifying the princely states to form the Union of India.
Understanding Prosperity: NOBEL Prize awarded for groundbreaking research on institutions and economic development
The Royal Swedish Academy of Sciences has awarded the Memory of Alfred Nobel to three US-based economistsDaron Acemoglu, Simon Johnson, and James A. Robinson\"for their studies on how institutions are formed and affect prosperity.\"
Sinking Resources: Groundwater crisis and sustainable solutions in Kolkata
Kolkata's underground water crisis is becoming a serious issue, driven by rapid urbanization and the construction of high-rise buildings.
Tourism Industry positively impacted by the festive season
Diwali transforms streets into a spectacle of festive lights, Diwali transforms streets into olis, and families gearing up for grand celebrations.
RBI's Shift to a Neutral Stance: Signaling a New Phase in Monetary Policy
For over a year, the Reserve Bank of India (RBI) has taken a firm stance against inflation, raising interest rates by 250 basis points between May 2022 and February 2023 in response to post-pandemic price pressures.
UK Budget
There _ he latest UK budget represents a departure from previous fiscal documents.
Han Kang's Historic Nobel Prize Win
The 2024 Nobel Prize in Literature has been awarded to T South Korean writer Han Kang, 53, known for her works including The Vegetarian, The White Book, Human Acts, and Greek Lessons.
