News Alcohol Ban in Bihar from April Next Year

[scorpionking76]

Alcohol will be banned in Bihar from April 1 next year, Chief Minister Nitish Kumar announced today, making good on a promise he had made to a group of angry women at an event months ago.

"In 1977-78 we tried to impose prohibition but it was not effective. But I feel women are suffering more than others (because of alcohol abuse)... I have instructed my officials to start working towards this and implement this from the next financial year," Mr Kumar said at a function.

This is the first major announcement by Mr Kumar since he was sworn in as Chief Minister for the fifth time last week after a spectacular election victory.

Alcohol Ban in Bihar from April Next Year, Says Chief Minister Nitish Kumar

 

[Technoglitch]

Stocks of liquor makers fell after Bihar today said that the State will go dry from April 1.

United Spirits fell 4.72 per cent or Rs 159.05 to Rs 3,212.15. United Breweries was trading flat at Rs 935.05 after slipping to Rs 927.20 intra-day. Radico Khaitan slumped 7.13 per cent or Rs 8.75 to Rs 114 in pre-close session.

Bihar Chief Minister Nitish Kumar today said that sale of alcohol will be banned from April 1.

Investors speculate more States may follow Bihar's move.

Consumption of alcohol is already prohibited in Gujarat, Kerala, Manipur, and Nagaland.

The final modalities are still to be worked out, Ajay Alok, a spokesman for Janta Dal (United), told news channel CNBC TV 18.

The move can cost Bihar Rs 3,400 crore in tax revenue, the spokesman added.

Liquor makers fall after Bihar announces plan to ban alcohol | Business Line

 

[Devesh]

I dont think it will become reality.

 

[Technoglitch]

it would be rolled out in phase manner and not all in a day.

 

[Sanjeev]

If at all it is banned then it will be sold in black with higher price

 

[scorpionking76]

Kerala is still not declared a dry state, Bars will be phased out in 10 years time, Infact its a loss of INR 3,500 Crores for the state exchequer.

So more new taxes on the way for Bihar

 

[Technoglitch]

You can get alcohol only in bars in Kerala ?

 

[scorpionking76]

Yes

 

[IndianMascot]

I wish similar decision to be taken in Maharashtra as well. We all know that these are injurious to health then why we are allowing this for open sale.

Cigrette, alcohol etc all such things should be banned all over India.

 

[DashMajor]

And then black market will start

And its revenue will surpasses double - triple times then the current one.