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Delhi will earn Rs 3,000 cr extra revenue under new excise policy: Sisodia

The Delhi government earned 41 per cent less revenue last year due to COVID-19, Deputy Chief Minister Manish Sisodia said on Wednesday.

Manish Sisodia

Delhi Deputy Chief Minister Manish Sisodia | Photo: Shutterstock

Press Trust of India New Delhi

The Delhi government earned 41 per cent less revenue last year due to COVID-19, Deputy Chief Minister Manish Sisodia said on Wednesday.

The revenue generated in the current financial year is 23 per cent less, he added.

Under the new excise policy, the city government will earn Rs 3,000 crore extra revenue in the next 12 months, the deputy chief minister said, adding that it expects to earn around Rs 10,000 crore from bidding of liquor stores in 32 zones in the city.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Sep 15 2021 | 2:53 PM IST

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