India
Liqour ban has caused a loss of RS 5000 cr post it's ban alongside the highways in Uttar Pradesh.
Updated : Jul 05, 2017, 12:03 PM IST
The Uttar Pradesh government has incurred a loss of about Rs 5,000 crore following the Supreme Court order banning all liquor shops along national as well as state highways.
Of the 8,591 highway liquor shops affected by the Supreme Court order, 2,000 are yet to be relocated while 3,000 shop owners have surrendered their liquor licences, said UP Excise Minister Jai Pratap Singh.
"We have incurred a loss of about Rs 5,000 crore in 2016-17 fiscal ending March 31. Out of the target of realising Rs 19,000 crore, the excise department could generate Rs 14,000 crore following the apex court order," the minister told