Withdrawing new liquor policy set to hit Delhi revenues by 45% in FY23

State govt could still raise revenue surplus for the year after reverting to old way of conducting liquor trade

Indivjal Dhasmana | New Delhi
Last Updated at March 23, 2023 16:17 IST

Representative image

The Delhi government’s abandonment of a new excise policy is projected to dent its tax revenues from liquor by 45 per cent in FY23. Still, the state government 's own tax revenues are projected to rise slightly by 1.6 per cent for the year, helping it to increase its revenue surplus position.

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