The Uttar Pradesh government on Wednesday decided to increase liquor prices by Rs 5 to Rs 400 per bottle depending on its size and category of the drink.
The decision to increase the price was taken at a Cabinet meeting chaired by Chief Minister Yogi Adityanath, said state Finance Minister Suresh Khanna, adding the hike is likely to fetch a revenue of Rs 2,350 crore to the state exchequer in fiscal 2020-21.
Giving details of increase in prices of various categories of liquor, Khanna said prices of country-made liquors have been increased by Rs 5 per bottle.
"A bottle available for Rs 65 will now be available at Rs 70. Similarly, a bottle of country-made liquor costing Rs 75 will now be available at Rs 80," Khanna said.
As far as prices of India-made Foreign Liquor (IMFL) is concerned, in the economy class, the price of a 180 ml-bottle has been increased by Rs 10 while a bottle in the range of 180 ml to 500 ml will see a hike of Rs 20, Khanna said.
The price of an IMFL bottle above 500 ml capacity will undergo an increase of Rs 30, he said, adding the medium category liquors too would undergo similar price hike.
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As far as regular and premium classes of IMFLs are concerned, the minister said, the prices of 180 ml bottles have been increased by Rs 20, 180 ml to 500 ml bottles by Rs 30 and for bottles above 500 ml by Rs 50.
The imported liquor will see a hike of Rs 100 for a 180 ml-bottle, Rs 200 for a bottle in the range of 180 ml to 500 ml and Rs 400 for a bottle which is above 500 ml capacity.
The hike in prices will come into effect from Wednesday-Thursday midnight.
"The hike is likely to earn a revenue of Rs 2,350 crore for the state government," said Khanna.
The UP Government in a statement issued later said, "The Cabinet decided to revise the maximum retail price of various types of liquors by charging additional Special Additional Consideration Fee."
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