One more jolt to state exchequer, liquor sales down by 33% in Karnataka


Daijiworld Media Network - Bengaluru (MS)

Bengaluru, Jul 8: The government of Karnataka which is facing a severe shortage of funds in its treasury due to the ongoing coronavirus pandemic has received one more jolt in the form of the huge reduction in the sale of liquor, which is one of the important revenue generators for the state.

The liquor sales are down by a whopping 33.22% in Karnataka after the initial hype when the lockdown was lifted. The number of alcohol consumers has reduced considerably due to COVID-19 pandemic. While on one end people are scared to come out of their houses on the other, many have given up consuming liquor.

The government had expected revenue of Rs 20,950 crore from the sale of liquor in the budget of 2019-20. Till June 2019, it had amassed Rs 5,760.14 crore. Similarly, in the 2020-21 budget, the proposed revenue from the sale of liquor was Rs 22,700 crore. However, till June 2020 the earnings from the sale of liquor is only Rs 1,913.38 crore. This means that there is a reduction of 33.22% in the revenue compared to the same period last year. Compared to the total expected revenue of the budget of 2020-21, the reduction is 16.95%.

In the fiscal of 2019-20, till the end of June 2019, 152.38 lac boxes of liquor was sold. In the present fiscal, the sale has gone down to 100.76 lac till the end of June. Compared to last year, the sale has gone down by 51.62 lac boxes, which means there has been a reduction of 33.88%. 

  

Comment on this article

  • H. Almeida., Bendur/Andheri

    Thu, Jul 9 2020

    Readers, my educated parents, in Mangaluru, were forced to migrate to Mumbai, for Survival. Seventy three years later, the very same situation is perpetuated in Dakshin Kannada district.

    Why were successive governments, who ruled Karnataka, state for decades, failed to provide impetus to industrial growth, in the region ??? whereby educated locals, would have provided with survival infrastructures, in this coastal belt of South India !!!!!

    DisAgree [4] Agree [2] Reply Report Abuse

  • David Pais, Mangalore

    Thu, Jul 9 2020

    reduce prices of alcohol related variety of drink's, dat will serve da purpose. govt don't want 2 reduce prices instead it needs immediate bulk money 2 purchase mla's. idiot pettha govt.

    DisAgree [1] Agree [11] Reply Report Abuse

  • Michael, Mangalore/USA

    Thu, Jul 9 2020

    Govt assumed demand for liquor is inelastic. Increasing tax rates do not mean increase in revenues for the government. This is economics 101. When incomes are uncertain, discretionary spending will reduce. Probably, only the habitual drunkards might still be buying, that too cheaper liquor

    DisAgree Agree [9] Reply Report Abuse

  • Naveen - Tulunadu Rajya Horatagare, Tulunad Rajya

    Thu, Jul 9 2020

    The prices are too steep. Instead we can eat Mutton daily.

    DisAgree [3] Agree [15] Reply Report Abuse

  • vishnu bhat, bangalore

    Thu, Jul 9 2020

    maybe this will help the Govt kick its 'alcohol' habit!

    DisAgree [2] Agree [15] Reply Report Abuse

  • Ghatagaar, Mudigere

    Thu, Jul 9 2020

    No one has given up on drinking ,
    1-people r tired of drinking at home
    2- people have no money for extra pleasures
    3- people use to drink on OC r waiting bars and restaurants to open
    4- people r waiting for curfew and CoVID situation to end
    5- yes as article mentions people scared to venture out which is good
    6- so many r detoxing which is also good
    7- u need a good company to drink
    8- Events and occasions are completely down
    9- silage crowd is sitting at home
    10- sneak peak drinkers are also at home

    DisAgree [1] Agree [12] Reply Report Abuse

  • KS Mayya, Mangalore/Bangalore

    Thu, Jul 9 2020

    With individual income coupled with uncertainty, taking a hit, if you want to further shore up revenue from dilapidated pockets, you must consider reducing prices wherein volume advantage can be got.
    Bring back beer prices to below Rs. 100
    Reasonable quality whisky should be well below Rs. 2000.
    Clearly recent increase in prices are the reason. Since Government is in the business of making money by selling liquor, they better understand their consumers well and not just keep on raising prices and hope that robots will stand in queue and cough up blindly.

    DisAgree [2] Agree [14] Reply Report Abuse

  • Harold Dcunha, Mangalore, Mangalore, India

    Thu, Jul 9 2020

    Our government lacks foresight and governance capabilities. When the people do not have jobs, no income, no purchase power; they have increased the duty by 17% after the lock down, in May 2020. Revoke the increased excise duty and definitely, there will be more Sales.
    Pls note: Alchol consumption is injurious to health.

    DisAgree [1] Agree [10] Reply Report Abuse

  • Shankar, Mangaluru

    Thu, Jul 9 2020

    Government should look into the basics of business.
    When you there are consumers for the product, look into profits by volume than individual sale!
    Simply, It is better to sell 100 numbers at 10 rupees profit per number, than selling 50 numbers at 15 rupees profit.

    And low prices would make the consumer to buy/consume more.
    This policy does not stand good for durables.

    Anyone can take my advise for their own business and send me the fees!!!

    DisAgree [2] Agree [7] Reply Report Abuse

  • S. Fernandes, Mangalore

    Thu, Jul 9 2020

    Your advice is good, but for that there should be responsible people who are intelligent and qualified. But some people think looting others only is the way to make money.

    DisAgree Agree Reply Report Abuse

  • Allwyn Robert Dsouza, Udyavara

    Thu, Jul 9 2020

    The prices of all essential commodities has steeply increased, food being the topmost priority.
    Many have either lost their jobs or are facing huge reduction in their income.
    To add to it,the taxes on alcohol were recently increased. Alcohol being a low priority commodity, people have either stopped consumption or reduced it.
    As per law of economics, If price of something goes up, the sales come down and if something becomes cheaper, its sales increases dramatically.
    Although its a non essential commodity, if the government is serious about increasing its revenue from alcohol sales, then they should bring down the price by reducing the taxes.

    DisAgree [1] Agree [6] Reply Report Abuse

  • Deshvasi, Bharat

    Thu, Jul 9 2020

    Is this TOP Priority to our state Govt (utterly failed & useless) that huge reduction in the sale of liquor, which is one of the important revenue generators for the state? What a JOKE?????? The entire world's mankind is reeling under severe Pandemic COVID-19 & these brainless state administrators worried about their collection from liquor sale.

    DisAgree [2] Agree [20] Reply Report Abuse

  • Francis Lewis, Sastan

    Thu, Jul 9 2020

    Our CM increased the price like anything to make easy money and this is what he gets. Just see in Delhi they have cancelled the increased price of 70% and looks like the sale is good.

    DisAgree [1] Agree [24] Reply Report Abuse

  • Sukumar, Mangalore

    Thu, Jul 9 2020

    In India Liquor is only for rich, because India is one of the richest country in the world with richest Politicians film stars and cricketers. Others just to look and them clap, dance and enjoy any success or victory for them.

    DisAgree [2] Agree [23] Reply Report Abuse

  • H. Almeida., Bendur/Andheri

    Thu, Jul 9 2020

    Having food on your plate, is the foremost thought of any individual... many families in Dakshin Kannada district, are dependent on remuneration sent back home, from the middle east nations... with jobs drying out, their families lives have become a nightmare !!! Citizens in Mumbai, have become desolate.. uncertainty, has paralyzed the soul of this throbbing metropolis.... many have become chronically depressed !!! The luxury of indulging in merry making, is a mirage.... a distant dream !!!!

    DisAgree [2] Agree [19] Reply Report Abuse

  • Sahil, Mangaluru

    Thu, Jul 9 2020

    After 2014 all panvati.
    Job loss. Flood.economy destroyed. Corona. 8lakhs expats sacked. Talli bagavo bhakth...

    DisAgree [9] Agree [30] Reply Report Abuse

  • PINTO, Mangalore

    Thu, Jul 9 2020

    During Lockdown period so many people have learned the art of brewing liquor at their homes..Now they don't want government liquor which is priced at very high

    DisAgree [1] Agree [31] Reply Report Abuse

  • Chandu, Karla

    Thu, Jul 9 2020

    Forget about liquor sales and revenues and concentrate on public health Care and safety, food security. If no funds then just get back all illegal loot and there won't be any dearth for funds.

    DisAgree [1] Agree [22] Reply Report Abuse

  • Stany Passana, MANGALORE

    Thu, Jul 9 2020

    To hell with this liquor and it's sale.

    Government offering on priority as Essential Goods, increasing rates without justification. All this lead to using liquor as 'Sanitizer' and nothing more.

    Now let's see, how the Government manages it's funds. It has ignored the general public, it's health and safety.

    Look at the way Permission granted to deal with liquor, crores for licences, expensive makeover for bars.

    Government even made the Hosts to sell liquor to his Guests through CL 5.

    All this, now, going to be just memories. Public wants health, rice, peace and nothing else.

    The best news of the season.

    DisAgree [1] Agree [23] Reply Report Abuse

  • Ajay Rebello, Kallianpur

    Thu, Jul 9 2020

    Unlike portrayed, most drink for leisure and not addiction so this is to be expected.

    DisAgree [1] Agree [20] Reply Report Abuse

  • Mangalurian, Mangaluru

    Thu, Jul 9 2020

    Alcohol weakens the immune system.

    So, if one wants to fight Covid-19 (or other viruses) more effectively, keeping away from alcohol will definitely help.

    DisAgree [6] Agree [20] Reply Report Abuse

  • Prakash, Mangalore

    Thu, Jul 9 2020

    Due to uncertainty of future, job losses, business down, credit recovery issues people cannot to purchase from local liquor shops.

    Rich people are purchasing but imported brand.

    DisAgree [1] Agree [27] Reply Report Abuse

  • Sadiq, Mangalore

    Thu, Jul 9 2020

    They should keep offers One plus One free...

    DisAgree [2] Agree [21] Reply Report Abuse

  • M Shetty, Mangalore

    Wed, Jul 8 2020

    No worries the Govt had earned money from Central Govt grant which they have not distributes to the needy.

    DisAgree [3] Agree [17] Reply Report Abuse

  • Kevin Pinto, Mangalore

    Wed, Jul 8 2020

    Jobs gone, people in depression, uncertain future, increase in domestic violence and our government is worried about liquor sale.

    DisAgree [10] Agree [59] Reply Report Abuse

  • Rehna, Mangalore

    Thu, Jul 9 2020

    A curse to the government. If you stood by the side if people God would have shown mercy. Petrol and Diesel you looted the public.in the case of liquor too followed the same.Had funds to buy MLA's. Now the state us in need ask the purchasedMLA's for finds to run the state as treasury is empty.

    DisAgree [5] Agree [24] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Wed, Jul 8 2020

    I was always telling you that Alcohol has no connection with Corona Virus but you guys didn't Listen ...

    DisAgree [14] Agree [56] Reply Report Abuse

  • Maria Sequiera, Boliyar / Mangalore

    Wed, Jul 8 2020

    Isn't the reduction because of your absence here. Dear?

    DisAgree [6] Agree [14] Reply Report Abuse

  • Dinesh Kumar Shetty, Katipalla/Mangaluru

    Thu, Jul 9 2020

    Anna, we are all trying very hard to fill the state exchequer on our own

    DisAgree [1] Agree [2] Reply Report Abuse

  • Santan Mascarenhas, Kinnigoli/Bangalore

    Thu, Jul 9 2020

    Jossey
    I want to listen to your advice. A 2008 study reported an optimal temperature of 136 °F (57.8°C) for drinks. This temperature reduced the risk of burns, but still offered the pleasant sensations of a hot drink. Boiling point of alcohol is 78.37 degree C. It is said drinking hot water is good to prevent corona. Please inform me, if you know, whether it is okay to heat the alcohol to 57 degree C and drink 60 ml every two hours instead of hot water, to prevent corona ?

    DisAgree [1] Agree [3] Reply Report Abuse


LEAVE A COMMENT

Title : One more jolt to state exchequer, liquor sales down by 33% in Karnataka


 
 
 
 

 
You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.


Security Validation

Enter the characters in the image