The UT administration on Friday increased the liquor prices of Indian Made Foreign Liquor (IMFL) in Chandigarh up to 20%. The decision was revealed during the announcement of the excise policy 2016-17 which will come into force from April 1.
The price of brands having minimum ex-distillery price (EDP) of ` 401 per case have been hiked. The minimum price of a bottle has been increased from rs 160 to rs 220.
The rates of a bottle of a brand having minimum EDP of rs 651 have been increased from rs 200 to rs 280. Similarly for brands having minimum EDP of rs 1,201, the price of a bottle has been increased from Rs 300 to Rs 360. In the range of brands having minimum EDP of rs 7,001, residents will have to pay rs 1,200, against the present rate of rs 1,000.
No changes have been made in number of vends and the quota of liquor sale. The excise department has enhanced the reserve price of groups of vends by rs 42 crore taking the price from rs 135 crores to rs 177 crores. Around 100 vends operate across the city.
Last year, Panchkula had the lowest rates, while Chandigarh and SAS Nagar were more or less the same.
Chandigarh Wine Merchant Association President Satyapal said, he cannot comment at this stage as Haryana and Punjab are yet to announce their policies. But, the policy of the UT administration is transparent, he added.