Odisha News In English

Prameya English, Prameyanews.com, Odisha Latest News, Odisha News Online

previous arrow
next arrow

Karnataka: Alcohol sale falls after government hikes prices

7/05/2020 at 10:08 PM

Bengaluru: On the fourth day after the sale of alcohol resumed in Karnataka, the state witnessed a sharp decline in sales after the government hiked retail prices of liquor by 17 per cent.

AS per the Karnataka State Beverages Corporation Ltd, alcohol worth Rs 165 crore were sold on Thursday compared to Rs 232 crore of sale on Wednesday before the price hike.

On Thursday the state sold 27.56 lakh litres of OIndian Made Foreign Liquor  priced at Rs 152 crore and 5.93 lakh liters of beer valued at Rs 13 crore.

The sale of alcohol had stopped from the night of March 24 as the lockdown to check the spread of coronavirus took effect. After more than 40 days of lockdown, the Karnataka government had finally agreed to resume sales from May 4 but had said that only about 4,500 standalone liquor stores could sell whereas bars, restaurants and stores located in shopping complexes and malls continue to be shut to ensure adequate social distancing.

   Related Posts