Alcohol price in Gurugram rise: New price, why it increased, excise policy

Good days are over for Gurugram alcohol lovers as increased liquor prices have come into effect as part of Haryana's new excise policy. Gurugram, which was an alcohol haven for locals and residents in neighbouring Delhi and Noida, is not too cheap anymore when it comes to booze prices. The prices have gone up by up tp 20%, as the new excise policy came into effect on June 12.

All Gurugram customers will now have to pay an extra Rs 5 for a bottle of country spirits and an extra Rs 20 for beer due to the new regulation. Foreign liquors have also seen a recent price increase, with a 5% increase in their current cost.In comparison to the reserve price of the prior year, this new policy implies a 7% increase.

The primary objective of the Haryana government's new excise policy are to create safeguards that stop vendors from controlling the spirits market, to create a transparent system for assigning retail locations, and to offer premium spirits at affordable costs.

Previously, businesses could only obtain supplies from the two closest liquor stores; now, the policy permits bars to source from any three stores that hold an L-2 retail vend licence. Additionally, it guarantees that no licensee may raise prices above the policy's minimum retail selling price by more than 10%.

In addition to the pricing adjustments, the Haryana government successfully used e-tenders to sell off 162 zones with 324 liquor vends throughout Gurugram East and West, bringing in around INR 1,756 crore. This amount represents a 9.4% increase above the excise department's reserve price. The lowest sum bid at a government liquor vending auction is known as the reserve price.