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},
Esta historia es de la edición August 16 - 31, 2018 de BUSINESS ECONOMICS.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición August 16 - 31, 2018 de BUSINESS ECONOMICS.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
Bank of Baroda, Kolkata Zone organised Mega Kisan Melas in West Bengal
Bank of Baroda (BOB) organised Mega Kisan Mela at Konkalitala in Birbhum District of West Bengal on November 18, 2024 as a part of the 7th Edition of the Baroda Kisan Pakhwada (BKP).
Time-Bound Disposal of Cases to Expedite the Delivery of Justice and affordabe by all in India
The delay in the disposal of cases in Indian courts remains a significant hurdle to the nation's progress.
Dev Deepawali: A grand celebration of light, spirituality, and culture in Varanasi
The holy city of Varanasi, often regarded as India's spiritual and cultural heart, came alive with the splendor of Dev Deepawali on the sacred day of Kartik Purnima.
The life of Job 'Ye judge not the judgment of God' - Jesus Christ
The Holy Bible reveals through the life of Job how the Lord tests the righteous and that faith helps one to overcome life's adversities.
India has the highest potential for the garment industry, only a conducive government policy is required.
India's textile industry is poised for remarkable growth, with expectations to double its contribution to the GDP within the next six to seven years.
Global Public Debt may be worse than it appears, warns IMF
Global Public Debt Set to Exceed $100 Trillion, Warns IMF
The economic consequences of Trump's Presidency: A global perspective
One of the key economic factors contributing to the Democrats' loss in the US elections was the significant rise in inflation, which was initially triggered by the COVID-19 pandemic and exacerbated by the Russia-Ukraine war.
Challenges and Successes in West Bengal's Education Sector: A Comprehensive Overview
The education system in West Bengal, particularly in districts, villages, slums, and government institutions, reflects a blend of progress and ongoing challenges.
What India can expect from Trump's return
I may be too early to predict how Donald Trump's second term as president will impact the global oil market.
Stocks Surge Following Donald Trump's Election as 47th President of the USA
Stocks soared following the election of Donald Trump as the 47th President of the United States. Investors anticipated that the Information Technology (IT) sector would benefit from lower corporate taxes under the Republican regime, with IT stocks leading the rally.
