How beneficial is the new excise policy released by UP government to generate revenue for farmers?

A new excise policy has been released by the Uttar Pradesh government for the year 2022-23 to provide farmers make more revenue with their produce.

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How beneficial is the new excise policy released by UP government to generate revenue for framers?

The new excise policy that was announced on Saturday is aimed at increasing the financial resources of the state by formulating and controlling the manufacture, transport, import, export, sale, and possession of quality liquor.

A new excise policy has been released by the Uttar Pradesh government for the year 2022-23 to provide farmers make more revenue with their produce.

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“The move is aimed at generating employment and providing a market for farm produce, besides attracting large scale investors”, Sanjay Bhusa Reddy who is the Additional Chief Secretary Excise and Sugar Industry said PTI on Saturday.

Need of the policy

The new excise policy that was announced on Saturday is aimed at increasing the financial resources of the state by formulating and controlling the manufacture, transport, import, export, sale, and possession of quality liquor.

The new excise policy includes that the price of liquor shall not be increased, but the license fee will be raised by 7.5 percent, Sanjay Bhusa Reddy who is the Additional Chief Secretary Excise and Sugar Industry stated. He further stated that the decision would help to give customers with best-quality liquor at a reasonable price. The license fee and security of FL-1 and FL-1A licenses of distilleries have been raised as well, while the processing fee, renewal fee, license fee, and security have even been raised.

In addition, the registration fee, renewal rate of grasp Warehouse has been increased, even as the license rate of the bar has been kept unchanged.

Meanwhile, the rest of Rs 50,000 for the primary year inside the combined license fees of bar and microbrewery will be given in case these are applied for together. The license price of top-rate Retail Vends has been fixed at Rs 20 lakh in step with year.

To train residents regarding responsible drinking, a special power can be conducted with finance of Rs 1 crore allotted for such activities.

Liquor made in Uttar Pradesh might be furnished handiest in glass bottles in place of tetra packs, the professional said.

Reddy said tetra packs will be permitted in case there is a problem in procuring glass bottles.

The time of sale of country liquor, foreign liquor, beer retail stores, model stores, and top-rate retail is kept from 10 am to 10 pm, identical as before.

The official stated till now the nation changed into a purchaser of liquor and beer, however now it is going to be developed as a production nation.

Reddy stated liquor might be crafted from the culmination grown in Uttar Pradesh, like Dussehri mango of Lucknow.

Aside from this, wheat and barley used in the manufacture of beer might be procured from inside the country. Beer could be produced at three places together with Barabanki and Mirzapur.

A step has also been taken up to produce liquor from paddy, potato, and maize.

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How beneficial is the new excise policy released by UP government to generate revenue for farmers?
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A new excise policy has been released by the Uttar Pradesh government for the year 2022-23 to provide farmers make more revenue with their produce.
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THE POLICY TIMES
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