UP New Excise Policy | Daily Current Affairs | Current Affairs In Hindi | UPSC PRE 2023

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Uttar Pradesh cabinet approves new excise policy, consumers may have to pay more for drinking alcohol
The Yogi Adityanath-led Uttar Pradesh cabinet has approved the new excise policy, in which the license fee of liquor and beer shops has been increased by 10 per cent.
The government has set a target of raising revenue of about Rs 45,000 crores from the excise department in the next financial year 2023-24, five thousand crores more than last year’s target.
These provisions made in the excise policy may increase the prices of country-made, English, and premium brand liquor by rupees five to ten.
Under the new excise policy, the license fee of the model shops has been increased from two lakh to three lakh rupees, in such a situation people may have to pay more for drinking liquor

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