Indian Economy Articles

Indian Economy

Madhya Pradesh relaxes Liquor Laws, waives of Excise Duty on local Wines

The Excise Police for the next Financial Year for Madhya Pradesh allows the sale of liquor at all State airports in the state and select supermarkets in four big cities, issue home bar licenses and wine prepared from grapes grown by farmers in MP will be made excise-duty free, writes Subhash Arora who feels that the policy is pragmatic, in tune with times and will also add higher revenue to the tax kitty

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Assam increases Excise duties on liquor to compensate for Petrol Price

Liquor prices have been increased in Assam by 10-15 % with effect from December 10, in order to compensate the loss from VAT reduction on petrol and diesel, though no changes have been made mercifully in wine and beer prices, while adding a new category in price points to differentiate between different segments for the excise duties which are based on the price brackets in Assam, writes Subhash Arora

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Delhi Excise 21-22 Policy means more Obfuscation

Delhi Excise Department has issued a circular dated 10 September, 2021 which has generally extended the date of existing licenses for distributors, government retails shops, restaurants and clubs etc till 16 November 2021, but apparently has not extended the licenses of private shops beyond 30 September, casting doubts about the availability of wine and liquor in Delhi till Diwali, pushing the locals to Gurgaon for their booze requirements and help the market which has been booming thanks to non-availability of wine and spirits in Delhi, making it an Obfuscation, writes Subhash Arora

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Liquor Industry wins Anti-trust case against Uttarakhand State Monopoly

Competition Commission of India (CCI) has imposed a fine of Rs 10 million on Uttarakhand Agricultural Produce Marketing Board (UAPMB) for abusing its monopolistic power in the wholesale procurement and distribution of alcoholic beverages, with a direction to deposit the fine within 60 days and Cease and Desist from indulging in anti-competitive practices, writes Subhash Arora who believes that several such illegal actions are taken by the State governments but are not challenged due to fear of reprisals by the traders and a strong trade body is the only remedy

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Imported Wine Industry facing Disaster in India

Taking the speech of PM Narendra Modi last to go local very seriously, ministries are already considering a ban on the sale of imported wines with Central Armed Police Forces canteens already announcing the ban from June 1 and CSD under the Defence Ministry suspending fresh purchase, putting the wine and spirits importers in a limbo midway, but if the word reaches the Commerce Ministry which might ban the imports of wine and spirits, it will spell tsunami for the industry, writes Subhash Arora who feels that this kind of protectionism might push India back by 20 years

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Fratelli now Second Largest Premium Wine Producer

Although Grover Zampa Vineyard maintains the distant no. 2 spot behind the leader Sula Vineyards, in terms of wine bottles produced annually, Fratelli has overtaken it as the second largest premium wine producer in 2016-17, a year during which the domestic industry appears to have crawled with a modest growth of barely 8-10%, writes Subhash Arora who talked to the owners/senior management people of the top ranking wine companies

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Allow Separate Wine and Beer Duty-Free Shops

A whiskey war seems to be in progress at the Delhi Arrivals Duty Free Shop which is oozing with strolleys that are given free with purchase of 2 bottles of whiskies like Chivas Regal, Jonny Walker Black, Glenlivet and a horde of other tempting offers, writes Subhash Arora who asserts that wines with no attractive display or offers have few chances of sales and feels a separate shop for only wine and beer sales ought to be leased out if the government is serious about alcohol misuse

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Delhi Excise Allows Temporary Respite

If a report in media is to be believed, the Delhi government has indefinitely deferred implementation of the online project for ordering wine and spirits from suppliers and paying excise duty in advance directly to the department, citing

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Imported Wine Sales hit Delhi Excise Roadblock

After a poor December month due to a mishap leaving the city in a somber mood, the sales were limping back into the buoyant season but wine sales in Delhi have hit a sudden roadblock as the new excise procedure effective February 15 has

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Indian Wine Industry Unleashes Export Ambition

APEDA and the Indian wine Industry clearly showed ambitions at the ‘Wine & organic Textile Certification’ event hosted in New Delhi on Monday where the Indian commerce

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Delhi Excise Issues Licenses for Imported Wines

Just as the hotels and restaurants had started getting dried up one after another, the Delhi Excise loosened their grip and released the first lot of excise licenses for imported wines for

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Delhi Excise Delays- Licensee Pays

In what may appear to be illegal or high handed depending upon which side of the table you are on, the Delhi Excise Policy of the current fiscal year increased the annual license fee

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Delhi Excise Duties Finally Announced

June 08: The much awaited Delhi Excise Policy has been finally announced with duty slab rates as applicable on the wholesale prices, resulting in a marginal decrease in wines whereas duty on spirits has been increased, writes Subhash Arora.

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New Excise Policy Boon for Small Producers

The last minute efforts by the Indian Grape Processing Board of having Mr. Sharad Pawar, Minister of Food processing industries meet with the top Brass of Delhi including the Chief Minister Sheila Dixit and the Excise Commissioner Mr R M Pillai in mid-March

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Wine Finally gets Respect from Delhi Excise

The Delhi Excise department needs to be complimented for finally delineating wine and beer from the stronger alcohols through the much awaited Public Notice issued this morning

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India-like Policy of Wine Marketing in the US

USA might be proud to have exported wines last year worth $1.14 billion, the same number as India’s population, but due to its Federal Constitution there are States like New York

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