Liquor Sales Experience Sharp Decline in the Capital in August
It seems the continuing trend of economic slowdown has plummeted the sales of liquor in Delhi during August 2019, as compared to the corresponding period in the last year. The liquor sales in the national capital have gone down by over 25 percent in August 2019, as compared to that of August 2018.
According to Delhi government’s excise department, the excise duty collection from liquor sales in the capital was Rs.325.99 crore in August 2019 as against .435.83 crore in August 2018.
However, there could be other reasons behind this drop besides the economic slowdown across the country as in July 2019, the revenue collection from the sales of liquor in the national capital increased by 5.09 percent as compared to that of July 2018. The revenue collection from liquor sales in the national capital in July 2019 was Rs. 423.88 crore as against Rs.403.35 crore during the same period last year.
But June 2019 was not much better than August 2019 as far as liquor sales in Delhi was concerned. According to the excise department officials, the revenue collection from liquor sales in the national capital in June 2019 was Rs. 369.45 crore as against Rs. 388.19 crore in June 2018, which is a decline of 4.80 per cent.
The shortage of beer in retail liquor shops in Delhi during the summer season was and is also a cause of concern for India’s alco beverages industry.
